FERRARI NV (RACE) Stock Technical Analysis
NYSE:RACE - New York Stock Exchange, Inc. - NL0011585146 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to RACE. Both in the recent history as in the last year, RACE has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, RACE did better than 84% of all other stocks.
RACE is part of the Automobiles industry. There are 40 other stocks in this industry. RACE outperforms 84% of them.
A new 52 week high is currently being made by RACE, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month RACE has a been trading in the 419.96 - 508.20 range, which is quite wide. It is currently trading near the high of this range.
Although RACE has an excellent technical rating, it does not offer a high quality setup 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
402.13
513.24
When analyzing the support we can see 2 important areas.
- A support zone ranging from 427.16 to 437.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @406.19 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 503.85 to 508.16. 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
CRS84.71
Mansfield0.63
10 Day High508.2
10 Day Low446.13
20 Day High508.2
20 Day Low419.96
52 Week High508.2
52 Week Low399.27
Performance
1 Week2.65%
2 Weeks9.07%
1 Month17.08%
3 Month15.04%
6 Month4.03%
12 Month21%
2 Year93.35%
3 Year133.82%
5 Year219.13%
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)4.95
RSI(14)71.39
LBB429.61
UBB526.13
503.43
-4.72 (-0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-0.93%
1 Week2.65%
2 Weeks9.07%
1 Month17.08%
3 Month15.04%
6 Month4.03%
12 Month21%
2 Year93.35%
3 Year133.82%
5 Year219.13%
10 YearN/A
15 YearN/A
Volatility
ATR(14)12.82
ATR(20)%2.15%
ATR Inc-28.75%
Range Today9.62
ADR(20)7.65
ADR(20)%1.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.71
Mansfield0.63
10 Day High508.2
10 Day Low446.13
20 Day High508.2
20 Day Low419.96
52 Week High508.2
52 Week Low399.27
CS1 End437.44
CR1 Start503.85
Volume & EV
DER(3)2.55%
DER(5)1.11%
Volume282.90K
Volume Incr-32.33%
Vol(5)264.56K
Vol(50)300.80K