Ferrari stock has a bullish daily setup, but the intraday picture is less straightforward. Price stands above its daily exponential averages and upper Bollinger band. However, overbought hourly readings and nearby resistance make the short-term case conditional rather than clear-cut.
RACE — daily chart with candlesticks, EMA20/EMA50 and volume.
Key takeaways
Ferrari stock was trading at $419.8 as of 12:46 ET on Tuesday, up 4.15% from the previous close.
Daily RSI14 is 66.67, below the overbought 70 threshold; daily MACD histogram is positive at 2.59.
Daily ATR14 is $7.6, up from $6.76 the previous session.
Hourly RSI14 is 79.7 and 15-minute RSI14 is 77.43, both above the overbought 70 threshold.
Price sits above the daily upper Bollinger band at $409.75 but below the hourly pivot at $420.58 and the 15-minute pivot at $420.15.
On Tuesday, November 3, 2026, Ferrari opened at $415.25 and traded between a low of $408.45 and a high of $421.67 . The daily candle opened at $415.25, traded between a low of $408.45 and a high of $421.67, and was last at $419.80, against a previous close of $403.09. It was trading at $419.8 as of 12:46 ET, up 4.15% versus the previous close. The session remains open.
Coverage published before Tuesday’s open reported that Ferrari raised its 2026 guidance. Third-quarter revenue and adjusted earnings per share edged past Wall Street expectations. That earnings context sits alongside the bullish chart structure, without establishing the cause of the current session’s gain.
Ferrari Stock Daily Chart Maintains Bullish Bias
The daily chart supports a bullish bias for Ferrari stock, with price above all three exponential moving averages and the upper Bollinger band. This positioning keeps the broader trend structure intact.
Moving Average Alignment and Bollinger Band Position
The daily averages are bullishly aligned beneath price. The 20-session EMA is $398.51, the 50-session EMA is $398.16, and the 200-session EMA is $388.48. This ordering supports the main bullish bias, although the shorter averages sit well below the current price.
Notably, price sits above the daily upper Bollinger band at $409.75 . The mid-band is $395.3. That places it outside the upper band rather than near the center of the daily distribution.
Daily Momentum and Volatility Readings
Daily RSI14 stands at 66.67 , above neutral but below the overbought threshold of 70. The daily MACD line is 1.35, above its signal at -1.23, with a positive histogram of 2.59. Both readings support the bullish daily assessment.
Daily ATR14 increased to $7.6 from $6.76, indicating a larger absolute range measure. The daily pivot is $401.52, with first resistance at $405.82 and first support at $398.8. Price is above all three. These levels come from the previous completed daily candle and remain the reference levels for the current session.
RACE Hourly Chart Confirms Bullish Structure With Overbought Signals
The hourly chart confirms the daily bullish structure but introduces overbought readings that complicate immediate timing. Price holds above the 20-hour EMA at $405.52, the 50-hour EMA at $400.11, and the 200-hour EMA at $399.07. Their descending order beneath price is bullishly aligned.
However, hourly RSI14 slipped to 79.7 from 83.46 and remains overbought. The hourly MACD line is 5.55, above its signal at 3.31. Its histogram increased to 2.24 from 2.17, retaining a positive reading despite the lower RSI.
Price also sits above the hourly upper Bollinger band at $419.19, but below the hourly pivot at $420.58 . Hourly first support at $419.5 lies just beneath price, while first resistance is $422.22. The hourly chart therefore confirms the broader bullish structure but complicates immediate timing.
Ferrari Short-Term Scenarios: Pivots and Conditional Timing
The short-term outlook for Ferrari stock is conditional, hinging on whether price can clear nearby intraday pivots while holding support. On the 15-minute chart, RSI14 is 77.43, also overbought. The MACD histogram is 0.39 and positive. The MACD line at 5.03 is still above its signal at 4.64. These readings qualify execution timing rather than overturning the daily bias.
Meanwhile, price stands above the 15-minute 20-period EMA at $414.36 but below that timeframe’s pivot at $420.15. Its first support is $419.23, and first resistance is $420.76. The hourly and 15-minute pivot levels are calculated from their respective previous completed candles.
Bullish Scenario Requires Clearing Intraday Pivots
The bullish scenario requires holding the nearby hourly and 15-minute supports, then clearing the 15-minute pivot at $420.15. Further confirmation would come above the hourly pivot at $420.58 and 15-minute first resistance at $420.76. Beyond those levels, the session high at $421.67 precedes hourly first resistance at $422.22 .
Bearish Risks Below Nearby Supports
In contrast, breaks below hourly first support at $419.5 and 15-minute first support at $419.23 would weaken the near-term bullish case. Below the 15-minute EMA at $414.36, the daily upper band at $409.75 becomes a broader reference. A break below the daily pivot at $401.52 would further undermine the structure. Below the daily EMA cluster at $398.51–$398.16 , the main bullish thesis would be invalidated.
Overall, Ferrari stock remains above its daily trend references but beneath nearby intraday pivots. The daily ATR records a larger range measure, while the hourly RSI14 at 79.7 and the 15-minute RSI14 at 77.43 are both above the overbought 70 threshold. Whether price can clear those pivots while preserving nearby support remains unresolved in the open session.
FAQ
What is the daily technical outlook for Ferrari stock?
The daily chart is bullish. Price sits above the 20-session EMA at $398.51, the 50-session EMA at $398.16, and the 200-session EMA at $388.48. It also stands above the daily upper Bollinger band at $409.75. Daily RSI14 is 66.67 — below the overbought 70 threshold — and the MACD histogram is positive at 2.59.
Are there any overbought signals on Ferrari stock?
Yes, on the intraday timeframes. Hourly RSI14 is 79.7 and 15-minute RSI14 is 77.43, both above the overbought 70 threshold. However, the daily RSI14 at 66.67 remains below overbought.
What are the key resistance levels for Ferrari stock?
The immediate resistance levels are the 15-minute pivot at $420.15, the hourly pivot at $420.58, and 15-minute first resistance at $420.76. Beyond those, the session high at $421.67 and hourly first resistance at $422.22 are the next levels to watch.
What would weaken the bullish case for Ferrari stock?
A break below hourly first support at $419.5 and 15-minute first support at $419.23 would weaken the near-term bullish case. Below the 15-minute EMA at $414.36, the daily upper Bollinger band at $409.75 becomes a broader reference. A break below the daily pivot at $401.52 and the daily EMA cluster at $398.51–$398.16 would undermine the main bullish thesis.
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