Buy signal, 10th week
Ferrari climbs 4% and retests the highs: breakout-or-rejection tension builds
Our view last week
Ferrari stock is pushing back into the 356-362 area it has already tested several times without a clean break: the tug between breakout and rejection remains this week's story. The tone has shifted a little, though — daily volume is seller-dominated and the latest weekly candle is losing some conviction. The technical analysis shows a buy signal now in its 9th week, up 16% since entry.
This week's summary
Ferrari closed the week up 4% and is pushing back into the recent highs area, a zone it has already tested several times without a clean break: the tug between breakout and rejection remains the stock's main story. The weekly structure stays solidly bullish, and on the daily chart buyers dominate turnover. The buy signal is now in its 10th week, all three statistical targets from our most advanced model already hit, up 20.94%: the first suggested trim window opens here.
IQS Phase
71
in tension
Signal Strength
44
medium · weak
Sizing
REDUCED
Ranking
#54 / 70
EU-UK stocks in progress
Trade P&L %
+20.94%
from signal to date, no stop loss
Rank position
ranks 54th among the 70 Longs already running for European-UK stocks in our ranking, with a signal strength of 44 out of 100.
Sector context
SectorItalian
Benchmark ETFEXHG
Sector regimein strong phase
Performanceweekly +0.84% · monthly +3.39%
RACE belongs to the italian sector (reference ETF EXHG). The sector is classified in strong phase according to our weekly reading.
restricted Platinum content