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 05/23/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

33%

My opinion

Bullish above 121.55 EUR

My targets

126.13 EUR (+2.11%)

136.82 EUR (+10.77%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SAP SE O.N. as long as the price remains well above 121.55 EUR. The buyers' bullish objective is set at 126.13 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 136.82 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

8.2

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. rating is 123.52 EUR. The price is lower by -0.15% since the last closing with the lowest point at 123.18 EUR and the highest point at 123.84 EUR. The deviation from the price is +0.28% for the low point and -0.26% for the high point.

123.18

123.84

123.52

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

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

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 LOW record (1 month)

Type : Bearish

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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 12 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

The analysis of the price chart with Central Patterns scanners does not return any result.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	100.79	110.69	121.55	123.52	126.13	136.82
Change (%)	-18.40%	-10.39%	-1.59%	-	+2.11%	+10.77%
Change	-22.73	-12.83	-1.97	-	+2.61	+13.30
Level	Intermediate	Major	Major	-	Major	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	121.75	122.55	123.13	123.93	124.51	125.31	125.89
Camarilla	123.32	123.45	123.57	123.70	123.83	123.95	124.08
Woodie	121.63	122.50	123.01	123.88	124.39	125.26	125.77
Fibonacci	122.55	123.08	123.41	123.93	124.46	124.79	125.31

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	114.45	116.71	120.59	122.85	126.73	128.99	132.87
Camarilla	122.79	123.35	123.92	124.48	125.04	125.61	126.17
Woodie	115.27	117.12	121.41	123.26	127.55	129.40	133.69
Fibonacci	116.71	119.05	120.50	122.85	125.19	126.64	128.99

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	102.52	106.86	113.83	118.17	125.14	129.48	136.45
Camarilla	117.69	118.73	119.76	120.80	121.84	122.87	123.91
Woodie	103.84	107.52	115.15	118.83	126.46	130.14	137.77
Fibonacci	106.86	111.18	113.85	118.17	122.49	125.16	129.48

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):	65.10
MACD (12,26,9):	2.1100
Directional Movement:	13.71
AROON (14):	78.57
DEMA (21):	123.82
Parabolic SAR (0,02-0,02-0,2):	119.94
Elder Ray (13):	1.47
Super Trend (3,10):	118.67
Zig ZAG (10):	123.56
VORTEX (21):	1.2300
Stochastique (14,3,5):	80.98
TEMA (21):	123.99
Williams %R (14):	-24.64
Chande Momentum Oscillator (20):	3.45
Repulse (5,40,3):	0.3300
ROCnROLL:	1
TRIX (15,9):	0.2600
Courbe Coppock:	4.43

MA7:	122.83
MA20:	121.36
MA50:	116.18
MA100:	110.93
MAexp7:	123.00
MAexp20:	120.97
MAexp50:	116.92
MAexp100:	111.84
Price / MA7:	+0.56%
Price / MA20:	+1.78%
Price / MA50:	+6.32%
Price / MA100:	+11.35%
Price / MAexp7:	+0.42%
Price / MAexp20:	+2.11%
Price / MAexp50:	+5.64%
Price / MAexp100:	+10.44%

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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