Europe - BIT:RACE - NL0011585146 - Common Stock
Taking everything into account, RACE scores 0 out of 10 in our technical rating. RACE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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.
337.09
We found 1 important support area.
When analyzing the resistance we notice 4 important areas.
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 | DOWN | NEGATIVE | The short term trend for RACE.MI is down. |
| ChartMill Relative Strength | 17.41 | NEGATIVE | RACE.MI has a low relative strength, it was outperformed by 82.59% 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) | 47.04 | NEUTRAL | The RSI value for RACE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.98 | POSITIVE | The MACD value suggests RACE.MI has a positive trend. |
| Stochastics (14,3) | 73.6 | NEUTRAL | The Stochastics value for RACE.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.62 | MEDIUM VOLATILITY | The ATR as a percentage value for RACE.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 29.35 | POSITIVE | The high ADX value value for RACE.MI suggests a strong trend. |
BIT:RACE (11/6/2025, 3:40:18 PM)
353.7
-0.9 (-0.25%)
ChartMill assigns a technical rating of 0 / 10 to RACE.MI.
The current trend direction for FERRARI NV (RACE.MI) is Bearish.
FERRARI NV (RACE.MI) has an RSI value of 47.0427. This indicates that the stock is currently neutral.
The buy/sell signal for FERRARI NV (RACE.MI) is sell as both the short term and long term trends are negative.
FERRARI NV (RACE.MI) has a support level at 346.56 and a resistance level at 354.61. Check the full technical report for our detailed analysis of RACE.MI support and resistance levels.