Ferrari N.V. (RACE) has entered a corrective downtrend after reaching all-time highs near $517 in mid-2025. Over the past 30 days, the stock has consolidated in the mid-$340s, marking a roughly 7% decline from recent highs and 13% from 100-day moving average levels. The price action shows lower highs and lows, with shares respecting a descending channel on the daily chart. Quarterly performance reflects broader pullback from $400+ territory, as the stock tests multi-month demand zones amid neutral to sell technical ratings across platforms.
Critical support emerges around $330, aligning with prior reversal points and accumulated volume clusters, followed by $325 (classic S1 pivot) and deeper $300 round number. A break below $325 could accelerate toward $314 recent lows. Resistance is firm at $347, coinciding with the 50-day SMA, with overhead supply at $352 (20-day SMA and pivot) and $374 (R1). These levels define the current trading range, where price has stalled multiple times in recent sessions.
All major moving averages flash sell signals. The 5-day SMA sits at $342, 20-day at $352, 50-day at $347, 100-day at $354, and 200-day near $400. RACE trades below the entire MA envelope, reinforcing bearish trend structure. Exponential MAs (e.g., 50-day EMA $350) provide similar dynamic resistance. A sustained move above the 50-day SMA would signal potential trend reversal.
RSI(14) at 44 indicates neutral conditions leaning sell, down from overbought levels earlier in the correction. Stochastic %K (14) at 11.76 reflects oversold readings, hinting at short-term rebound potential. MACD histogram is contracting negatively at -1.06, with the signal line crossover favoring bears. ADX(14) around 12-28 shows weak trend strength, consistent with range-bound behavior. Williams %R at -80 further underscores oversold momentum.
Trading volume remains average at around 500k-700k shares daily, with no significant spikes during the recent pullback. This lack of conviction selling suggests consolidation rather than panic, supporting tests of support zones without aggressive breakdowns.
Tickeron’s AI Daily Buy/Sell Signals leverage artificial intelligence to scan vast datasets, including technical indicators, price patterns, and historical trends, generating actionable buy or sell signals for stocks like RACE. These signals identify potential entry/exit points by recognizing recurring patterns such as breakouts, reversals, and momentum shifts. Traders rely on them to confirm chart setups, filter noise, and align with prevailing trends. Explore these signals to enhance your technical trading strategy.
Traders eye the $330-$325 support cluster for signs of reversal, where oversold indicators could spark a bounce toward $347 resistance. A hold above $340 pivot maintains range trading, while breakdown invites lower tests near $314. Monitor MACD for bullish divergence, RSI push above 50, and volume pickup on upside moves. Resistance at $352-$374 caps rallies unless cleared decisively.
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A.I.dvisor indicates that over the last year, RACE has been loosely correlated with STLA. These tickers have moved in lockstep 35% of the time. This A.I.-generated data suggests there is some statistical probability that if RACE jumps, then STLA could also see price increases.
| Ticker / NAME | Correlation To RACE | 1D Price Change % | ||
|---|---|---|---|---|
| RACE | 100% | -3.79% | ||
| STLA - RACE | 35% Loosely correlated | +0.63% | ||
| TM - RACE | 32% Poorly correlated | -2.42% | ||
| HMC - RACE | 30% Poorly correlated | -1.03% | ||
| GP - RACE | 28% Poorly correlated | -8.27% | ||
| GM - RACE | 28% Poorly correlated | +1.44% | ||
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