SAP SE ADS - 1H - Technical analysis published on 07/20/2022 (GMT)
- 246
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
56%
6%
39%
My opinion
Bullish above 89.55 USD
My targets
92.86 USD (+0.60%)
95.25 USD (+3.18%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on SAP SE ADS. This is a positive signal for buyers. As long as the price remains above 89.55 USD, a purchase could be considered. The first bullish objective is located at 92.86 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 95.25 USD as an objective. Crossing it would then enable buyers to target 98.46 USD. In the event of a return below 89.55 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.9
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
SAP SE ADS rating 92.31 USD. The price is lower by -0.03% since the last closing with the lowest point at 91.49 USD and the highest point at 92.73 USD. The deviation from the price is +0.90% for the low point and -0.45% for the high point.91.49
92.73
92.31
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this SAP SE ADS chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 83.50 | 87.32 | 89.55 | 92.31 | 92.86 | 95.25 | 98.46 |
| Change (%) | -9.54% | -5.41% | -2.99% | - | +0.60% | +3.18% | +6.66% |
| Change | -8.81 | -4.99 | -2.76 | - | +0.55 | +2.94 | +6.15 |
| Level | Minor | Minor | Major | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 88.65 | 89.42 | 90.88 | 91.65 | 93.11 | 93.88 | 95.34 |
| Camarilla | 91.73 | 91.93 | 92.14 | 92.34 | 92.54 | 92.75 | 92.95 |
| Woodie | 89.00 | 89.59 | 91.23 | 91.82 | 93.46 | 94.05 | 95.69 |
| Fibonacci | 89.42 | 90.27 | 90.80 | 91.65 | 92.50 | 93.03 | 93.88 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 78.71 | 81.11 | 84.55 | 86.95 | 90.39 | 92.79 | 96.23 |
| Camarilla | 86.39 | 86.93 | 87.47 | 88.00 | 88.54 | 89.07 | 89.61 |
| Woodie | 79.24 | 81.37 | 85.08 | 87.21 | 90.92 | 93.05 | 96.76 |
| Fibonacci | 81.11 | 83.34 | 84.72 | 86.95 | 89.18 | 90.56 | 92.79 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 72.21 | 80.59 | 85.65 | 94.03 | 99.09 | 107.47 | 112.53 |
| Camarilla | 87.02 | 88.26 | 89.49 | 90.72 | 91.95 | 93.18 | 94.42 |
| Woodie | 70.56 | 79.76 | 84.00 | 93.20 | 97.44 | 106.64 | 110.88 |
| Fibonacci | 80.59 | 85.72 | 88.89 | 94.03 | 99.16 | 102.33 | 107.47 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 64.07 | |
| MACD (12,26,9): | 1.2000 | |
| Directional Movement: | 17.20 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 92.45 | |
| Parabolic SAR (0,02-0,02-0,2): | 92.73 | |
| Elder Ray (13): | 0.39 | |
| Super Trend (3,10): | 90.25 | |
| Zig ZAG (10): | 92.18 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 86.21 | |
| TEMA (21): | 93.12 | |
| Williams %R (14): | -10.27 | |
| Chande Momentum Oscillator (20): | 1.45 | |
| Repulse (5,40,3): | 0.4700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2100 | |
| Courbe Coppock: | 6.96 |
| MA7: | 88.34 | |
| MA20: | 91.09 | |
| MA50: | 94.25 | |
| MA100: | 99.61 | |
| MAexp7: | 92.04 | |
| MAexp20: | 90.88 | |
| MAexp50: | 89.63 | |
| MAexp100: | 90.10 | |
| Price / MA7: | +4.49% | |
| Price / MA20: | +1.34% | |
| Price / MA50: | -2.06% | |
| Price / MA100: | -7.33% | |
| Price / MAexp7: | +0.29% | |
| Price / MAexp20: | +1.57% | |
| Price / MAexp50: | +2.99% | |
| Price / MAexp100: | +2.45% |
Quotes :
-
15 min delayed data
-
NYSE Stocks
News
The latest news and videos published on SAP SE ADS at the time of the analysis were as follows:
- IBM and SAP to Help Financial Institutions Accelerate Cloud Adoption to Modernize Operations in a Secured Environment
- Leading Brazilian Chemical Distributor Switches to Rimini Street Support for SAP S/4HANA
- Financiera de Desarrollo Nacional (FDN) Empowers Modern Work with OpenText Solutions for SAP
- IATA Strengthens Operational Scalability By Switching to Rimini Street for Integrated Support and Application Management Services for its SAP Applications
- RISE with SAP Helps Hong Kong Companies Navigate Future Uncertainties
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis SAP SE ADS - 1H