FERRARI NV (RACE.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:RACE - NL0011585146 - Common Stock
We assign a technical rating of 0 out of 10 to RACE. RACE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
RACE has a poor technical rating and the quality of the setup is also not perfect 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.
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307.39
When analyzing the support we notice one important area.
- A support zone ranging from 310.49 to 313.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @360.01 from a horizontal line in the weekly time frame.
- Resistance @368.81 from a horizontal line in the daily time frame.
- Resistance @402.75 from a trend line in the weekly time frame.
- Resistance @414.10 from a trend line 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 | DOWN | NEGATIVE | The long term trend for RACE.MI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RACE.MI is neutral. |
| ChartMill Relative Strength | 11.71 | NEGATIVE | RACE.MI has a low relative strength, it was outperformed by 88.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RACE.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RACE.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RACE.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.86 | NEUTRAL | The RSI value for RACE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.85 | POSITIVE | The MACD value suggests RACE.MI has a positive trend. |
| Stochastics (14,3) | 71.91 | NEUTRAL | The Stochastics value for RACE.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for RACE.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 21.24 | NEUTRAL | The ADX value for RACE.MI suggests a possible start of a new trend. |
BIT:RACE (1/9/2026, 7:00:00 PM)
325.7
+4.3 (+1.34%)
FERRARI NV / RACE.MI FAQ
Can you provide the ChartMill technical rating for FERRARI NV?
ChartMill assigns a technical rating of 0 / 10 to RACE.MI.
What is the trend direction for RACE stock?
The current trend direction for FERRARI NV (RACE.MI) is Bearish.
Can you provide the RSI signal for FERRARI NV?
FERRARI NV (RACE.MI) has an RSI value of 50.8564. This indicates that the stock is currently neutral.
What is the MACD signal for RACE stock?
The MACD indicator for FERRARI NV (RACE.MI) has a value of 1.85164, indicating a bullish trend.
Can you provide the short term momentum for FERRARI NV?
The short term momentum for FERRARI NV (RACE.MI) is neutral.