Ferrari stock RACE remains bearish as 326.84 support comes into view

Ferrari stock RACE remains heavy after the Luce EV reveal, with a bearish daily bias. Price sits below key averages, favoring a downside‑tilted range between the daily pivot at 330.45 and support near 326.84, while rallies likely stall into 333–338.

Daily technical outlook for Ferrari stock RACE

Trend and moving averages

On the daily chart, price closed at 329.91, below the 20‑day EMA at 337.82, the 50‑day at 342.45, and the 200‑day at 378.6. Therefore, the regime remains bearish and rallies face supply.

Momentum and oscillators

RSI(14) prints 44.63, which keeps momentum weak and below balance. Meanwhile, MACD shows line −2.05 vs signal −3.12 with histogram +1.07. Interpretation: the backdrop is still bearish, but downside pressure has eased slightly.

Bands, volatility, and pivots

Bollinger Bands: mid at 335.77, upper at 351.49, and lower at 320.04. Trading under the mid‑band leaves the path of least resistance lower, with 320 near the wider support envelope. ATR(14) is 9.75, so daily ranges are wide. Daily pivots: PP 330.45, R1 333.51, S1 326.84. Closing just under PP tilts control to sellers.

Ferrari stock RACE sentiment after Luce launch

Notably, headlines around the Luce launch skewed cautious, and several outlets flagged a 6%–7% drop on unveil day. That sentiment shock aligns with the technical damage and keeps a sell‑the‑bounce tone intact near term.

Intraday setup: 1H chart for RACE

Trend context

Price at 330.12 sits below the EMA20 337.96, EMA50 337.29, and EMA200 338.19. Therefore, the intraday trend trades beneath supply zones.

Momentum and volatility

RSI(14) is 34.27, indicating weak momentum near a local oversold pocket. MACD shows line −2.25 vs signal 0.25 with histogram −2.49, which confirms a bearish impulse. Meanwhile, the Bollinger mid is 342.73, and price trades well under the mean. ATR(14) is 3.55, keeping hourly volatility elevated but controlled.

Pivots and regime

Hourly pivots: PP 330.67, R1 331.45, S1 329.34. Slipping under PP keeps sellers in charge, while 329.34 is the first defense for bids. However, the model labels the 1H regime neutral, hinting at stabilization attempts around 330 despite weak momentum.

Short‑term micro structure: 15m chart

Trend and moving resistance

At the same time, price at 330.12 sits under the EMA20 331.86, EMA50 336.51, and EMA200 337. Micro rallies are getting sold below moving resistance.

Momentum, bands, and pivots

RSI(14) reads 35.46, so pressure persists near a zone that can prompt brief bounces. MACD shows line −2.21 vs signal −3.02 with histogram +0.81, a small uptick typical of pause phases. Bollinger mid is 330.21 with upper at 332.74 and lower at 327.69. Hugging the mid‑band allows a probe toward 331–332 before supply likely reasserts. ATR(14) is 1.09. Pivots: PP 330.5, R1 331.1, S1 329.51. The 15m regime prints bearish.

Bullish validation path for Ferrari stock RACE

Therefore, a constructive path for bulls starts with holding above 329.5–330.7 and reclaiming 331.45 and 333.51. That sequence would flip hourly flow and open a return to the daily mid‑band at 335.77.

Next, a close above the 20‑day EMA at 337.82 would be the first genuine signal that the downtrend is losing grip. Regaining 337–338 would align shorter timeframes back toward the daily mean. On momentum, a daily RSI push back above 50 would add confidence, while the positive daily MACD histogram already hints at waning downside energy.

Bearish continuation risks and downside levels

On the other hand, failure to hold 329.34/329.51 puts 326.84 back in play. Losing that daily S1 would risk a slide toward the lower daily band near 320. With ATR at 9.75, two to three percent single‑day extensions remain plausible.

Meanwhile, the 1H RSI near 34 and a negative MACD histogram argue that trend‑followers still have the upper hand until a stronger bounce materializes.

Outlook: bias and volatility

Overall, Ferrari stock RACE carries a bearish daily bias while it trades below 335–338. Therefore, expect choppy rebounds and heavier supply on strength, with news around the Luce launch continuing to color near‑term sentiment. Until price can regain the daily mid‑band and 20‑day EMA, downside risk remains active and volatility should stay elevated.