FERRARI NV (RACE.MI) Stock Technical Analysis
BIT:RACE - Euronext Milan - NL0011585146 - Common Stock - Currency: EUR
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.
76% of all other stocks performed better in the past year than RACE.
RACE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month RACE has a been trading in the 366.50 - 447.50 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
RACE is an average performer in the Automobiles industry, it outperforms 66% of 34 stocks in the same industry.
The technical rating of RACE is bad and it also does not present a quality setup 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.
More info and screens
366.49
450.86
When analyzing the support we notice one important area.
- 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 407.00 to 421.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 437.94 to 446.40. 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 | DOWN | NEGATIVE | The short term trend for RACE.MI is down. |
| ChartMill Relative Strength | 24 | NEGATIVE | RACE.MI has a low relative strength, it was outperformed by 76% off all stocks 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) | 33.93 | NEUTRAL | The RSI value for RACE.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -6.7 | NEGATIVE | The MACD value suggests RACE.MI has a negative trend. |
| Stochastics (14,3) | 18.52 | OVERSOLD | The low Stochastics value suggests RACE.MI may be oversold. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for RACE.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 30.27 | 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 (8/5/2025, 7:00:00 PM)
386.9
+8.6 (+2.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg2.27%
1 Week-12.01%
2 Weeks-9.6%
1 Month-7.68%
3 Month-10.67%
6 Month-11.06%
12 Month0.31%
2 Year32.05%
3 Year100.26%
5 Year137.07%
10 YearN/A
15 YearN/A
Volatility
ATR(14)11.56
ATR(20)%2.7%
ATR Inc-31.19%
Range Today9.1
ADR(20)9.95
ADR(20)%2.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24
Mansfield-1.44
10 Day High447.5
10 Day Low366.5
20 Day High447.5
20 Day Low366.5
52 Week High492.8
52 Week Low347
CS1 End374.5
CR1 Start407
Volume & EV
DER(3)-0.27%
DER(5)-1.56%
Volume537.89K
Volume Incr285.72%
Vol(5)808.86K
Vol(50)303.33K