Ferrari stock is trading at $419.8 as of 12:46 ET, up 4.15%; hourly RSI is 79.7

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. 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.

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