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(RACE) Ferrari N complete technical analysis [charts+indicators] | Buy/Sell Ferrari N | (RACE) share price targets

Complete technical analysis of Ferrari N (RACE) by charts plus indicators, forecast predictions and share price targets for Ferrari N (RACE)

Ferrari N trades in USA in Capital Goods sector.

Showing technical analysis as on 2024-01-30 View latest technical analysis

10 day averaged volume of Ferrari N is 345510

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Jan 2024	349.41	348.00	350.30	347.29	1.106 times
29 Mon Jan 2024	344.93	339.80	344.99	338.73	0.87 times
26 Fri Jan 2024	340.17	339.00	341.00	337.95	1.459 times
25 Thu Jan 2024	335.34	333.97	335.34	330.16	1.09 times
24 Wed Jan 2024	335.24	336.96	337.40	334.62	0.981 times
23 Tue Jan 2024	333.30	333.96	334.16	330.54	1.061 times
22 Mon Jan 2024	337.16	341.78	342.66	337.14	1.415 times
19 Fri Jan 2024	349.41	346.28	350.20	345.67	0.561 times
18 Thu Jan 2024	347.10	345.73	347.61	344.83	0.663 times
17 Wed Jan 2024	343.29	342.16	343.70	339.84	0.841 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 349.4, but if it comes below 349.4, then a intra day sell could be more profitable.
If you take a sell trade below 349.4, then use 349.4 as stoploss and 342.83 as target. However if you take a buy trade in stock , then use 349.4 as stoploss and 357.3 as target.

Share price targets for Ferrari N (RACE)

Target Type	Value
Downside Target	285.02
Downside Target	293.49
Downside Target	301.68
Downside Target	312.75
Downside Target	330.16
Upside Target	350.20
Upside Target	350.30
Upside Target	351.45
Upside Target	354.21
Upside Target	369.91
Upside Target	372.42

Intraday share price targets for Ferrari N (RACE)

Target Type	Value
Downside Intraday Target	341.99
Downside Intraday Target	334.58
Upside Intraday Target	353.56
Upside Intraday Target	357.72
Downside Intraday Target	346.15

Weekly technical analysis of Ferrari N (RACE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Jan 2024	349.41	339.80	350.30	338.73	0.329 times
26 Fri Jan 2024	340.17	341.78	342.66	330.16	1.923 times
19 Fri Jan 2024	349.41	340.97	350.20	339.84	4.331 times
12 Fri Jan 2024	351.30	350.44	351.45	348.36	0.137 times
12 Fri Jan 2024	351.30	338.75	354.21	338.75	1.527 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Ferrari N (RACE)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Tue Jan 2024	349.41	336.21	354.21	330.16	0.924 times
29 Fri Dec 2023	338.43	358.36	372.42	334.26	1.126 times
30 Thu Nov 2023	358.96	302.04	369.91	301.68	0.868 times
31 Tue Oct 2023	301.64	295.76	317.09	293.49	1.193 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Ferrari N (RACE)

Price action analysis of Ferrari N ( (RACE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Ferrari N ( (RACE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Ferrari N ( (RACE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ferrari N ( (RACE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Ferrari N stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Ferrari N in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ferrari N Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Ferrari N in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Ferrari N is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 340.68 and Ferrari N (RACE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Ferrari N (RACE) stock. Volume based technical analysis of Ferrari N (RACE) stock is negative.

Ferrari N Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.