RACE

RACE

Ferrari NV
Automobiles
$424.44 -2.78% As of Aug 24, 9:02 PM
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Technical Analysis

Bulls Push RACE Above Key EMAs to $424.44

Bullish
Aug 24, 2026 at 9:02 PM • $424.44 (-2.78%)

Ferrari NV (RACE) fell 2.78% to finish at $424.44 on August 24.

Chart analysis reveals a bullish configuration:

Momentum RSI at 63.0 is in neutral territory. MACD reads 12.92 against its 11.80 signal line (bullish).
Moving Averages Moving averages are stacked bullishly—9-day EMA ($421.00) supports, 21-day ($408.96) below.
Volatility Bollinger Band width at 12.2% indicates normal volatility.

The $384.65-$434.68 range defines near-term boundaries.

Technical Excess: RACE Overheats at $436.54

Bearish
Aug 24, 2026 at 5:04 AM • $436.54 (+1.91%)

Ferrari NV (RACE) ticked higher by 1.91% to $436.54 on August 24.

From a technical standpoint, the outlook appears bullish:

Moving Averages The stock holds above both the 9-day ($420.14) and 21-day ($407.41) EMAs, confirming the uptrend.
Momentum RSI at 73.4 is in overbought territory, suggesting potential near-term exhaustion. MACD is bullish (13.27 vs signal 11.52).
Volatility Price is extended above the upper Bollinger Band ($434.61), suggesting possible mean reversion.

While the trend remains bullish, elevated RSI warrants caution for new entries at current levels.

Key levels to watch: Support at $380.27, Resistance at $434.61.

Profit-Taking Watch: RACE Reaches $436.54 on High RSI

Bearish
Aug 23, 2026 at 3:38 AM • $436.54 (+1.91%)

RSI Flashes Caution as RACE Extends to $436.54

Bearish
Aug 22, 2026 at 12:16 AM • $436.54 (+1.91%)

Technical Warning: RACE RSI Hits Overbought at $436.54

Bearish
Aug 21, 2026 at 9:02 PM • $436.54 (+1.91%)
Systematic technical analysis • Updated daily after market close
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Market Summary

Current Price $424.44
Daily Change -2.78%
Sentiment Bullish
Sector Automobiles
Last Updated Aug 24

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Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.