Ferrari (NYSE:RACE) Stock Rallies to All-time Highs
- Aristocrat Ferrari is the far away leader of the world’s automotive sector.
Ferrari (NYSE:RACE) has based in a classic cup formation and resumed its rally that began in mid-July 2016, HeffX-LTN target 200/share.
Friday, shares in the Maranello outfit ended the session + 1.43 higher at 120.81, its all time closing high. The stock posted moderate trading volume of 210,508/shares exchanged.
The Company’s shares have gained 15% in the last month, 2.54% over the prior 3 months, and 100% over the past year.
The stock is trading 9.3% above its 50-Day MA and 20.0% above its 200-Day MA.
Ferrari, which through with its subsidiaries, designs, engineers, produces, and sells luxury performance sports cars
The Company’s shares have an RSI of 79.81, and Fast Stochastic of 96.61.
|NYSE:RACE||120.81||19 January 2018||1.43||120.79||120.93||119.88||210,508|
|HeffX-LTN Analysis for RACE:||Overall||Short||Intermediate||Long|
|Bullish (0.37)||Neutral (0.19)||Very Bullish (0.65)||Bullish (0.26)|
Have a terrific weekend.