Ferrari NV (RACE) Technical Analysis

Ferrari NV (RACE) Technical Analysis: Ferrari NV (RACE) stock is currently trading at $170.43, with a 52-week high of $209.71 and a 52-week low of $127.73. The stock has been showing a bullish trend in the short term, as indicated by the uptrend in the 50-day moving average (MA), which is currently at $167.57. The stock's RSI (Relative Strength Index) is currently at 57.36, indicating that it is trading in slightly overbought territory. A value above 70 would be considered an indication of overbought conditions.

The stock's ADX (Average Directional Index) is currently at 23.71, indicating that the stock is currently in a weak trend. A value above 25 would be considered an indication of a strong trend. The MACD (Moving Average Convergence Divergence) indicator is currently showing a bullish signal, with the MACD line crossing above the signal line. The stock's ROC (Rate of Change) is currently at 7.63%, indicating positive momentum in the stock. The STOCHRSI (Stochastic RSI) is currently at 84.36, indicating that the stock is trading in overbought territory. Finally, the stock's WILLR (Williams %R) is currently at -4.46, indicating that the stock is trading near overbought levels.