RACING FORCE SPA (RFG.MI) Stock Technical Analysis
Europe - BIT:RFG - IT0005466963 - Common Stock
Taking everything into account, RFG scores 7 out of 10 in our technical rating. RFG has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
RFG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
4.20
3 important support areas can be observed.
- Support @5.06 from a trend line in the daily time frame.
- A support zone ranging from 4.53 to 4.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @4.24 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 5.13 to 5.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.63 from a trend line in the weekly time frame.
- Resistance @6.09 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for RFG.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RFG.MI is up. |
| ChartMill Relative Strength | 78.11 | POSITIVE | RFG.MI has a high relative strength, it outperformed 78.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RFG.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RFG.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RFG.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.83 | NEUTRAL | The RSI value for RFG.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RFG.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.53 | OVERBOUGHT | The high Stochastics value suggests RFG.MI may be overbought. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for RFG.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 24.15 | NEUTRAL | The ADX value for RFG.MI suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.20 | 5.05 | 0.15 (2.88%) | 25.00% |
| An entry @5.20. This is a Buy Stop order right above the resistance zone. | An exit @5.05. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.15 points, which is 2.88%. | For a 0.72% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of RFG. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:RFG (10/29/2025, 7:00:00 PM)
5.12
-0.06 (-1.16%)
RACING FORCE SPA / RFG.MI FAQ
What is the technical rating for RFG stock?
ChartMill assigns a technical rating of 7 / 10 to RFG.MI.
Can you provide the trend direction for RACING FORCE SPA?
The current trend direction for RACING FORCE SPA (RFG.MI) is Bullish.
Can you provide the RSI signal for RACING FORCE SPA?
RACING FORCE SPA (RFG.MI) has an RSI value of 66.8341. This indicates that the stock is currently neutral.
Can you provide the short term momentum for RACING FORCE SPA?
The short term momentum for RACING FORCE SPA (RFG.MI) is positive.
What are the support and resistance levels for RACING FORCE SPA (RFG.MI) stock?
RACING FORCE SPA (RFG.MI) has a support level at 5.06 and a resistance level at 5.13. Check the full technical report for our detailed analysis of RFG.MI support and resistance levels.