Technical Analysis for RACE - Ferrari N.V.

Grade Last Price % Change Price Change
grade A 194.32 0.88% 1.69
RACE closed up 0.88 percent on Thursday, August 13, 2020, on 1.16 times normal volume. The bulls were able to push the stock to a new 52-week high. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical RACE trend table...

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Stochastic Reached Overbought Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
MACD Bullish Signal Line Cross Bullish 0.88%
New 52 Week Closing High Bullish 0.88%

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Profile

New Business Netherlands N.V. focuses on the design, engineering, production, and sale of luxury performance sports cars worldwide. The company also intends to license its Ferrari brand to various producers and retailers of luxury and lifestyle goods. New Business Netherlands N.V. was incorporated in 2013 and is headquartered in Maranello, Italy. New Business Netherlands N.V. operates as a subsidiary of Fiat Chrysler Automobiles N.V.
Automotive Industry Chrysler Fiat Fiat Automobiles Fiat Chrysler Automobiles

Is RACE a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 196.53
52 Week Low 127.73
Average Volume 211,083
200-Day Moving Average 165.26
50-Day Moving Average 177.08
20-Day Moving Average 183.77
10-Day Moving Average 186.97
Average True Range 4.07
ADX 28.02
+DI 41.07
-DI 13.41
Chandelier Exit (Long, 3 ATRs ) 184.32
Chandelier Exit (Short, 3 ATRs ) 187.70
Upper Bollinger Band 192.23
Lower Bollinger Band 175.31
Percent B (%b) 1.12
BandWidth 9.21
MACD Line 3.96
MACD Signal Line 3.32
MACD Histogram 0.6383
Fundamentals Value
Market Cap 36.72 Billion
Num Shares 189 Million
EPS 3.07
Price-to-Earnings (P/E) Ratio 63.30
Price-to-Sales 5.38
Price-to-Book 35.47
PEG Ratio 2.37
Dividend 0.69
Dividend Yield 0.36%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 198.87
Resistance 3 (R3) 199.10 197.81 198.11
Resistance 2 (R2) 197.81 196.66 197.70 197.85
Resistance 1 (R1) 196.07 195.94 196.94 195.84 197.60
Pivot Point 194.78 194.78 195.22 194.67 194.78
Support 1 (S1) 193.04 193.63 193.91 192.81 191.04
Support 2 (S2) 191.75 192.91 191.64 190.79
Support 3 (S3) 190.01 191.75 190.53
Support 4 (S4) 189.78