FERRARI NV (RACE.MI) Stock Technical Analysis
BIT:RACE - Euronext Milan - NL0011585146 - Common Stock - Currency: EUR
We assign a technical rating of 2 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.
In the last month RACE has a been trading in the 400.00 - 445.60 range, which is quite wide. It is currently trading near the lows of this range.
RACE is one of the better performing stocks in the Automobiles industry, it outperforms 82% of 30 stocks in the same industry.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, RACE turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
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.
The technical rating of RACE is bad and it also does not present a 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.
- Support @381.00 from a trend line in the weekly time frame.
- A support zone ranging from 370.19 to 374.50. This zone is formed by a combination of multiple trend lines in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 406.50 to 424.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 432.36 to 434.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 446.41 to 446.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 45.03 | NEUTRAL | RACE.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RACE.MI is below 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) | 35.4 | NEUTRAL | The RSI value for RACE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.68 | NEGATIVE | The MACD value suggests RACE.MI has a negative trend. |
| Stochastics (14,3) | 21.57 | NEUTRAL | The Stochastics value for RACE.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for RACE.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.13 | NEGATIVE | The low ADX value for RACE.MI suggests a weak or negative 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 (6/13/2025, 7:00:00 PM)
401.5
-11.5 (-2.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-2.78%
1 Week-5.46%
2 Weeks-4.72%
1 Month-10.06%
3 Month-2.64%
6 Month-6.95%
12 Month5.74%
2 Year34.06%
3 Year129.17%
5 Year164.41%
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.61
ATR(20)%2.09%
ATR Inc73.08%
Range Today6.4
ADR(20)7.51
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.03
Mansfield-0.75
10 Day High428.3
10 Day Low400
20 Day High445.6
20 Day Low400
52 Week High492.8
52 Week Low347
CS1 End381
CR1 Start406.5
Volume & EV
DER(3)-0.68%
DER(5)-0.57%
Volume366.61K
Volume Incr-8.06%
Vol(5)259.69K
Vol(50)357.58K