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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 2024-04-04 View latest technical analysis

10 day averaged volume of Ferrari N is 205430

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	414.03	419.44	423.34	413.59	2.064 times
03 Wed Apr 2024	419.51	413.15	421.20	410.88	1.475 times
02 Tue Apr 2024	419.59	425.94	426.60	419.03	1.484 times
01 Mon Apr 2024	431.75	435.43	436.80	430.05	0.81 times
28 Thu Mar 2024	435.94	437.48	438.68	435.56	0.858 times
27 Wed Mar 2024	439.16	442.62	442.73	438.59	0.639 times
26 Tue Mar 2024	437.97	441.48	442.80	437.97	0.844 times
25 Mon Mar 2024	439.59	438.86	442.24	438.45	0.906 times
22 Fri Mar 2024	433.29	432.06	434.99	430.92	0.641 times
21 Thu Mar 2024	431.11	432.35	433.79	428.53	1.161 times

Stock of Ferrari N (RACE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 419.1, but if it comes above 419.1, then a intra day buy could be more profitable.
If you take a sell trade below 419.1, then use 419.1 as stoploss and 409.4 as target. However if you take a buy trade in stock , then use 419.1 as stoploss and 427.14 as target.

Share price targets for Ferrari N (RACE)

Target Type	Value
Downside Target	330.16
Downside Target	354.69
Downside Target	368.80
Downside Target	408.79
Upside Target	424.72
Upside Target	430.08
Upside Target	435.53
Upside Target	435.56
Upside Target	436.80
Upside Target	442.80

Intraday share price targets for Ferrari N (RACE)

Target Type	Value
Downside Intraday Target	404.34
Downside Intraday Target	394.65
Upside Intraday Target	430.26
Upside Intraday Target	446.49
Upside Intraday Target	420.57

Weekly technical analysis of Ferrari N (RACE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	414.03	435.43	436.80	410.88	1.797 times
28 Thu Mar 2024	435.94	438.86	442.80	435.56	0.563 times
22 Fri Mar 2024	433.29	426.42	435.53	424.72	0.965 times
15 Fri Mar 2024	424.54	417.29	425.07	412.96	0.861 times
08 Fri Mar 2024	420.74	411.12	426.46	408.79	0.807 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Ferrari N (RACE)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	414.03	435.43	436.80	410.88	0.254 times
28 Thu Mar 2024	435.94	425.00	442.80	408.79	0.609 times
29 Thu Feb 2024	424.77	372.78	430.08	368.80	1.035 times
31 Wed Jan 2024	345.92	336.21	354.69	330.16	0.974 times

Scroll below to view daily charts

Price has moved down 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Ferrari N stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Ferrari N Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Ferrari N in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 426.99 and Ferrari N (RACE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.