FERRARI N.V.
331.08
USD
(+2.79%)
03/24/2025 - 19:59
Closed 15 min delayed data - NYSE Stocks
| Open: | 325.34 |
| Change: | +8.98 |
| Volume: | 775,724 |
| Low: | 325.34 |
| High: | 331.48 |
| High / Low range: | 6.14 |
| Type: | Stocks |
| Ticker: | RACE |
| ISIN: | NL0011585146 |
FERRARI N.V. - Daily - Technical analysis published on 10/07/2019 (GMT)
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- 10/07/2019 - 12:03
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- Timeframe : Daily
- - Analysis generated on 10/07/2019 - 12:02
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 163.11 USD
My targets
149.33 USD (-0.15%)
139.91 USD (-6.45%)
My analysis
FERRARI N.V. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 163.11 USD. The next support located at 149.33 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 139.91 USD. Below this support, sellers could then target 132.15 USD.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
FORCE
0
10
5.5
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The FERRARI N.V. rating is 149.56 USD. The price registered an increase of +0.08% on the session and was traded between 149.31 USD and 150.07 USD over the period. The price is currently at +0.17% from its lowest and -0.34% from its highest.149.31
150.07
149.56
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of FERRARI N.V. in Daily shows an overall bearish trend. 78.57% of the signals given by moving averages are bearish. The overall trend is reinforced by the strong bearish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 3 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
CCI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
RSI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near support of channel
Type : Bullish
Timeframe : Daily
Near support of triangle
Type : Bullish
Timeframe : Daily
The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:
Downside Tasuki gap
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 132.15 | 139.91 | 149.33 | 149.56 | 163.11 | 169.12 |
| Change (%) | -11.64% | -6.45% | -0.15% | - | +9.06% | +13.08% |
| Change | -17.41 | -9.65 | -0.23 | - | +13.55 | +19.56 |
| Level | Major | Minor | Major | - | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 142.77 | 144.11 | 146.77 | 148.11 | 150.77 | 152.11 | 154.77 |
| Camarilla | 148.34 | 148.71 | 149.07 | 149.44 | 149.81 | 150.17 | 150.54 |
| Woodie | 143.44 | 144.44 | 147.44 | 148.44 | 151.44 | 152.44 | 155.44 |
| Fibonacci | 144.11 | 145.64 | 146.58 | 148.11 | 149.64 | 150.58 | 152.11 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 142.77 | 145.22 | 148.67 | 151.12 | 154.57 | 157.02 | 160.47 |
| Camarilla | 150.50 | 151.04 | 151.58 | 152.12 | 152.66 | 153.20 | 153.74 |
| Woodie | 143.27 | 145.47 | 149.17 | 151.37 | 155.07 | 157.27 | 160.97 |
| Fibonacci | 145.22 | 147.47 | 148.87 | 151.12 | 153.37 | 154.77 | 157.02 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 129.54 | 138.60 | 146.35 | 155.41 | 163.16 | 172.22 | 179.97 |
| Camarilla | 149.47 | 151.01 | 152.55 | 154.09 | 155.63 | 157.17 | 158.71 |
| Woodie | 128.88 | 138.27 | 145.69 | 155.08 | 162.50 | 171.89 | 179.31 |
| Fibonacci | 138.60 | 145.03 | 148.99 | 155.41 | 161.84 | 165.80 | 172.22 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 42.27 | |
| MACD (12,26,9): | -1.9700 | |
| Directional Movement: | -16.50 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 149.86 | |
| Parabolic SAR (0,02-0,02-0,2): | 157.33 | |
| Elder Ray (13): | -1.69 | |
| Super Trend (3,10): | 156.32 | |
| Zig ZAG (10): | 149.56 | |
| VORTEX (21): | 0.8700 | |
| Stochastique (14,3,5): | 31.91 | |
| TEMA (21): | 149.20 | |
| Williams %R (14): | -56.86 | |
| Chande Momentum Oscillator (20): | -5.22 | |
| Repulse (5,40,3): | 0.8600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1700 | |
| Courbe Coppock: | 4.66 |
| MA7: | 150.79 | |
| MA20: | 152.26 | |
| MA50: | 156.11 | |
| MA100: | 156.23 | |
| MAexp7: | 150.35 | |
| MAexp20: | 152.42 | |
| MAexp50: | 154.75 | |
| MAexp100: | 152.61 | |
| Price / MA7: | -0.82% | |
| Price / MA20: | -1.77% | |
| Price / MA50: | -4.20% | |
| Price / MA100: | -4.27% | |
| Price / MAexp7: | -0.53% | |
| Price / MAexp20: | -1.88% | |
| Price / MAexp50: | -3.35% | |
| Price / MAexp100: | -2.00% |
This member declared not having a position on this financial instrument or a related financial instrument.
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