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 08/14/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

67%

11%

22%

My opinion

Bullish above 120.80 EUR

My targets

136.82 EUR (+7.75%)

My analysis

The basic bullish trend is very strong on SAP SE O.N. but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 120.80 EUR. Crossing the first resistance at 136.82 EUR would be a sign of a potential new surge in the price. Caution, a return to below 120.80 EUR would be a sign of a consolidation phase in the short-term basic trend. 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, 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

6.8

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 O.N. rating 126.98 EUR. The price has increased by +1.42% since the last closing and was traded between 125.36 EUR and 127.22 EUR over the period. The price is currently at +1.29% from its lowest and -0.19% from its highest.

125.36

127.22

126.98

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

Here is a more detailed summary of the historical variations registered by SAP SE O.N.:

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

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 this Daily chart of SAP SE O.N. indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. There is no crossing of moving average by the price or crossing of moving averages between themselves.

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

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	110.69	120.80	126.13	126.98	136.82
Change (%)	-12.83%	-4.87%	-0.67%	-	+7.75%
Change	-16.29	-6.18	-0.85	-	+9.84
Level	Minor	Intermediate	Major	-	Major

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	123.47	123.97	124.59	125.09	125.71	126.21	126.83
Camarilla	124.89	125.00	125.10	125.20	125.30	125.41	125.51
Woodie	123.52	124.00	124.64	125.12	125.76	126.24	126.88
Fibonacci	123.97	124.40	124.67	125.09	125.52	125.79	126.21

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	116.94	119.12	122.16	124.34	127.38	129.56	132.60
Camarilla	123.77	124.24	124.72	125.20	125.68	126.16	126.64
Woodie	117.37	119.34	122.59	124.56	127.81	129.78	133.03
Fibonacci	119.12	121.11	122.35	124.34	126.33	127.57	129.56

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	107.75	113.13	118.77	124.15	129.79	135.17	140.81
Camarilla	121.37	122.38	123.39	124.40	125.41	126.42	127.43
Woodie	107.87	113.20	118.89	124.22	129.91	135.24	140.93
Fibonacci	113.13	117.34	119.94	124.15	128.36	130.96	135.17

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):	60.07
MACD (12,26,9):	0.3300
Directional Movement:	12.32
AROON (14):	92.86
DEMA (21):	124.08
Parabolic SAR (0,02-0,02-0,2):	119.25
Elder Ray (13):	2.29
Super Trend (3,10):	119.87
Zig ZAG (10):	127.02
VORTEX (21):	0.9700
Stochastique (14,3,5):	90.47
TEMA (21):	124.28
Williams %R (14):	-1.84
Chande Momentum Oscillator (20):	3.74
Repulse (5,40,3):	2.4100
ROCnROLL:	1
TRIX (15,9):	-0.0200
Courbe Coppock:	1.58

MA7:	123.96
MA20:	123.48
MA50:	123.80
MA100:	121.13
MAexp7:	124.64
MAexp20:	123.81
MAexp50:	123.05
MAexp100:	119.89
Price / MA7:	+2.44%
Price / MA20:	+2.83%
Price / MA50:	+2.57%
Price / MA100:	+4.83%
Price / MAexp7:	+1.88%
Price / MAexp20:	+2.56%
Price / MAexp50:	+3.19%
Price / MAexp100:	+5.91%

Quotes : - 15 min delayed data - Germany Stocks

News

The latest news and videos published on SAP SE O.N. at the time of the analysis were as follows:

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

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