FERRARI NV (RACE) Stock Technical Analysis
NYSE:RACE - New York Stock Exchange, Inc. - NL0011585146 - Common Stock
Taking everything into account, RACE scores 4 out of 10 in our technical rating. RACE has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
RACE is one of the better performing stocks in the Automobiles industry, it outperforms 85% of 42 stocks in the same industry.
In the last month RACE has a been trading in the 413.17 - 440.60 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, RACE outperforms 67% of them, which is more or less in line with the market.
RACE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RACE is lagging the market.
RACE has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
404.56
501.77
When analyzing the support we can see 2 important areas.
- A support zone ranging from 416.41 to 435.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @408.65 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @465.13 from a trend line in the weekly time frame.
- A resistance zone ranging from 496.79 to 496.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.9
Mansfield-0.76
10 Day High440.6
10 Day Low414.41
20 Day High440.6
20 Day Low413.17
52 Week High498.23
52 Week Low338.73
Performance
1 Week5.23%
2 Weeks5.46%
1 Month4.12%
3 Month-9.18%
6 Month6.39%
12 Month29.41%
2 Year75.17%
3 Year90.61%
5 Year160.77%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)2.18
RSI(14)56.24
LBB413.63
UBB441.29
FERRARI NV
NYSE:RACE (1/21/2025, 6:40:00 PM)
After market: 440.23 0 (0%)440.23
+4.36 (+1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg1%
1 Week5.23%
2 Weeks5.46%
1 Month4.12%
3 Month-9.18%
6 Month6.39%
12 Month29.41%
2 Year75.17%
3 Year90.61%
5 Year160.77%
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.34
ATR(20)%1.59%
ATR Inc-17.79%
Range Today5.9
ADR(20)5.32
ADR(20)%1.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.9
Mansfield-0.76
10 Day High440.6
10 Day Low414.41
20 Day High440.6
20 Day Low413.17
52 Week High498.23
52 Week Low338.73
CS1 End435.65
CR1 Start465.13
Volume & EV
DER(3)-0.31%
DER(5)-0.8%
Volume274.97K
Volume Incr-5.37%
Vol(5)221.13K
Vol(50)267.93K