FERRARI NV (RACE.MI) Stock Technical Analysis
BIT:RACE - Euronext Milan - NL0011585146 - Common Stock - Currency: EUR
Overall RACE gets a technical rating of 6 out of 10. RACE has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
RACE is one of the better performing stocks in the Automobiles industry, it outperforms 81% of 33 stocks in the same industry.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, RACE outperforms 43% 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 trading in the upper part of its 52 week range, so RACE is lagging the market slightly.
In the last month RACE has a been trading in the 395.00 - 449.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
RACE has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
366.49
450.87
2 important support areas can be observed.
- A support zone ranging from 406.50 to 406.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 370.19 to 377.40. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 439.51 to 446.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for RACE.MI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RACE.MI is neutral. |
| ChartMill Relative Strength | 43.6 | NEUTRAL | RACE.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of RACE.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RACE.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of RACE.MI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.57 | NEUTRAL | The RSI value for RACE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.68 | NEGATIVE | The MACD value suggests RACE.MI has a negative trend. |
| Stochastics (14,3) | 67.72 | NEUTRAL | The Stochastics value for RACE.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.28 | MEDIUM VOLATILITY | The ATR as a percentage value for RACE.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 25.63 | POSITIVE | The high ADX value value for RACE.MI suggests a strong trend. |
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)
BIT:RACE (5/23/2025, 5:36:15 PM)
420.7
-15.6 (-3.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-3.58%
1 Week-5.76%
2 Weeks-2.86%
1 Month4.94%
3 Month-12.74%
6 Month0.6%
12 Month9.53%
2 Year57.8%
3 Year131.92%
5 Year176.96%
10 YearN/A
15 YearN/A
Volatility
ATR(14)10.46
ATR(20)%2.28%
ATR Inc62.87%
Range Today22.1
ADR(20)9.16
ADR(20)%2.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.6
Mansfield-0.02
10 Day High449.8
10 Day Low415.3
20 Day High449.8
20 Day Low395
52 Week High492.8
52 Week Low347
CS1 End436.29
CR1 Start440.75
Volume & EV
DER(3)-0.98%
DER(5)-0.44%
Volume252.28K
Volume Incr-31.11%
Vol(5)230.09K
Vol(50)415.43K