Ferrari (NYSE:RACE) Stock Rallies to All-time Highs

Ferrari (NYSE:RACE) Stock Rallies to All-time Highs

Ferrari (NYSE:RACE) Stock Rallies to All-time Highs

$RACE

  • 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.

Click for continuing reports on RACE

Symbol Last Trade Date Change Open High Low Volume
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.

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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