SAP SE O.N.

- EUR (-)

- 15 min delayed data - Germany Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	SAP
ISIN:	DE0007164600

SAP SE O.N. - Daily - Technical analysis published on 03/23/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

22%

My opinion

Bullish above 107.71 EUR

My targets

119.98 EUR (+5.50%)

128.28 EUR (+12.80%)

My analysis

The bullish trend is currently very strong on SAP SE O.N.. As long as the price remains above the support at 107.71 EUR, you could try to benefit from the boom. The first bullish objective is located at 119.98 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 128.28 EUR as an objective. Crossing it would then enable buyers to target 139.16 EUR. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.6

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The SAP SE O.N. price is 113.72 EUR. The price registered a decrease of -0.05% on the session with the lowest point at 113.12 EUR and the highest point at 113.96 EUR. The deviation from the price is +0.53% for the low point and -0.21% for the high point.

113.12

113.96

113.72

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

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 HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of SAP SE O.N. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	102.51	107.71	112.57	113.72	119.98	128.28	139.16
Change (%)	-9.86%	-5.28%	-1.01%	-	+5.50%	+12.80%	+22.37%
Change	-11.21	-6.01	-1.15	-	+6.26	+14.56	+25.44
Level	Intermediate	Intermediate	Minor	-	Minor	Intermediate	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	112.61	113.05	113.41	113.85	114.21	114.65	115.01
Camarilla	113.56	113.63	113.71	113.78	113.85	113.93	114.00
Woodie	112.58	113.03	113.38	113.83	114.18	114.63	114.98
Fibonacci	113.05	113.35	113.54	113.85	114.15	114.34	114.65

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	99.01	102.65	107.11	110.75	115.21	118.85	123.31
Camarilla	109.35	110.10	110.84	111.58	112.32	113.07	113.81
Woodie	99.43	102.86	107.53	110.96	115.63	119.06	123.73
Fibonacci	102.65	105.74	107.65	110.75	113.84	115.75	118.85

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	99.53	103.23	105.35	109.05	111.17	114.87	116.99
Camarilla	105.88	106.41	106.95	107.48	108.01	108.55	109.08
Woodie	98.75	102.84	104.57	108.66	110.39	114.48	116.21
Fibonacci	103.23	105.45	106.82	109.05	111.27	112.64	114.87

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	59.29
MACD (12,26,9):	1.2600
Directional Movement:	5.96
AROON (14):	28.57
DEMA (21):	112.52
Parabolic SAR (0,02-0,02-0,2):	107.74
Elder Ray (13):	1.86
Super Trend (3,10):	106.49
Zig ZAG (10):	113.52
VORTEX (21):	1.0500
Stochastique (14,3,5):	91.98
TEMA (21):	112.91
Williams %R (14):	-10.86
Chande Momentum Oscillator (20):	2.72
Repulse (5,40,3):	0.6300
ROCnROLL:	1
TRIX (15,9):	0.1100
Courbe Coppock:	6.87

MA7:	112.39
MA20:	110.27
MA50:	109.39
MA100:	105.78
MAexp7:	112.61
MAexp20:	111.00
MAexp50:	108.78
MAexp100:	105.26
Price / MA7:	+1.18%
Price / MA20:	+3.13%
Price / MA50:	+3.96%
Price / MA100:	+7.51%
Price / MAexp7:	+0.99%
Price / MAexp20:	+2.45%
Price / MAexp50:	+4.54%
Price / MAexp100:	+8.04%

Quotes : - 15 min delayed data - Germany Stocks

News

The last news published on SAP SE O.N. at the time of the generation of this analysis was as follows:

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

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