FERRARI NV (RACE) Stock Technical Analysis
NYSE:RACE - New York Stock Exchange, Inc. - NL0011585146 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to RACE. RACE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
RACE is one of the better performing stocks in the Automobiles industry, it outperforms 90% of 41 stocks in the same industry.
In the last month RACE has a been trading in the 391.54 - 441.61 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that RACE is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
RACE is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although the technical rating is bad, RACE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 439.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 435.16, a Stop Loss order could be placed below this zone.
More info and screens
401.86
508.89
2 important support areas can be observed.
- Support @435.16 from a horizontal line in the daily time frame.
- A support zone ranging from 405.92 to 414.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 439.98 to 441.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 496.79 to 503.85. 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
CRS79.21
Mansfield0.65
10 Day High441.61
10 Day Low391.54
20 Day High441.61
20 Day Low391.54
52 Week High509.13
52 Week Low391.54
Performance
1 Week3.81%
2 Weeks2.03%
1 Month-0.91%
3 Month0.94%
6 Month-8.79%
12 Month7.66%
2 Year57.9%
3 Year109.77%
5 Year182.72%
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)3.11
RSI(14)53.06
LBB400.47
UBB451
439.97
+7.22 (+1.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg1.67%
1 Week3.81%
2 Weeks2.03%
1 Month-0.91%
3 Month0.94%
6 Month-8.79%
12 Month7.66%
2 Year57.9%
3 Year109.77%
5 Year182.72%
10 YearN/A
15 YearN/A
Volatility
ATR(14)14.75
ATR(20)%3.3%
ATR Inc-50.84%
Range Today6.05
ADR(20)13.19
ADR(20)%3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.21
Mansfield0.65
10 Day High441.61
10 Day Low391.54
20 Day High441.61
20 Day Low391.54
52 Week High509.13
52 Week Low391.54
CS1 End435.16
CR1 Start439.98
Volume & EV
DER(3)0.81%
DER(5)0.71%
Volume239.60K
Volume Incr-45.45%
Vol(5)378.88K
Vol(50)550.13K