SAP SE ADS

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	SAP
ISIN:

SAP SE ADS - 1H - Technical analysis published on 11/29/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

78%

22%

My opinion

Bullish above 233.27 USD

My targets

240.19 USD (+1.09%)

243.01 USD (+2.28%)

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 233.27 USD, a purchase could be considered. The first bullish objective is located at 240.19 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 243.01 USD as an objective. In the event of a return below 233.27 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.1

Comment on the analysis

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.

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Additional analysis

Quotes

SAP SE ADS rating 237.60 USD. On the day, this instrument gained +2.41% and was between 234.06 USD and 237.93 USD. This implies that the price is at +1.51% from its lowest and at -0.14% from its highest.

234.06

237.93

237.60

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of SAP SE ADS in 1H shows an overall bullish trend. 78.57% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	231.47	233.27	237.30	237.60	240.19	243.01
Change (%)	-2.58%	-1.82%	-0.13%	-	+1.09%	+2.28%
Change	-6.13	-4.33	-0.30	-	+2.59	+5.41
Level	Intermediate	Minor	Intermediate	-	Major	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	229.62	230.59	231.30	232.27	232.98	233.95	234.66
Camarilla	231.56	231.71	231.87	232.02	232.17	232.33	232.48
Woodie	229.50	230.53	231.18	232.21	232.86	233.89	234.54
Fibonacci	230.59	231.23	231.63	232.27	232.91	233.31	233.95

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	223.92	226.59	231.42	234.09	238.92	241.59	246.42
Camarilla	234.19	234.88	235.56	236.25	236.94	237.63	238.31
Woodie	225.00	227.13	232.50	234.63	240.00	242.13	247.50
Fibonacci	226.59	229.46	231.23	234.09	236.96	238.73	241.59

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	194.26	205.89	219.76	231.39	245.26	256.89	270.76
Camarilla	226.63	228.97	231.30	233.64	235.98	238.32	240.65
Woodie	195.39	206.45	220.89	231.95	246.39	257.45	271.89
Fibonacci	205.89	215.63	221.65	231.39	241.13	247.15	256.89

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	66.10
MACD (12,26,9):	0.4400
Directional Movement:	16.84
AROON (14):	64.29
DEMA (21):	235.06
Parabolic SAR (0,02-0,02-0,2):	232.20
Elder Ray (13):	2.62
Super Trend (3,10):	233.97
Zig ZAG (10):	237.60
VORTEX (21):	1.1200
Stochastique (14,3,5):	93.94
TEMA (21):	235.38
Williams %R (14):	-5.17
Chande Momentum Oscillator (20):	2.89
Repulse (5,40,3):	0.6700
ROCnROLL:	1
TRIX (15,9):	-0.0100
Courbe Coppock:	0.69

MA7:	235.11
MA20:	234.06
MA50:	231.49
MA100:	221.70
MAexp7:	235.65
MAexp20:	234.66
MAexp50:	234.24
MAexp100:	233.94
Price / MA7:	+1.06%
Price / MA20:	+1.51%
Price / MA50:	+2.64%
Price / MA100:	+7.17%
Price / MAexp7:	+0.83%
Price / MAexp20:	+1.25%
Price / MAexp50:	+1.43%
Price / MAexp100:	+1.56%

Quotes : - 15 min delayed data - NYSE Stocks

News

Don't forget to follow the news on SAP SE ADS. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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