Ferrari N.V. (RACE)

Ferrari N.V. is trading at $391.53, down 1.54% on the session. The 50 day average sits at $407.26 and the 200 day at $367.90, which puts the stock in a uptrend. RSI is at 50, which reads as neutral, and MACD is bullish crossover. Volume is below average.

The nearest support is around $381.67 with resistance near $414.52, so that band frames the current range. Average daily movement is roughly $7.41, or about 1.9% of the share price, which is what any stop placement has to allow for. The overall health score of 64 out of 100 combines a trend score of 61, momentum of 63 and a risk score of 71.

Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide. It offers sports, track, one-off, and road cars, as well as supercars. The company also provides spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars; and licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods. In addition, it operates Ferrari museums in Modena and Maranello; Il Cavallino restaurant in Maranello; and theme parks in Abu Dhabi and Spain. Further, the company provides direct or indirect finance and leasing services; range of financial and ancillary services; special financing arrangements; and operates franchised and owned Ferrari stores. The company was founded in 1947 and is headquartered in Maranello, Italy.