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 11/06/2023 (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

83%

11%

My opinion

Bullish above 126.13 EUR

My targets

131.48 EUR (+2.18%)

136.82 EUR (+6.33%)

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 126.13 EUR. The buyers' bullish objective is set at 131.48 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.

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

8.2

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.

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Additional analysis

Quotes

The SAP SE O.N. rating is 128.68 EUR. The price registered a decrease of -0.46% on the session and was traded between 128.50 EUR and 129.30 EUR over the period. The price is currently at +0.14% from its lowest and -0.48% from its highest.

128.50

129.30

128.68

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

Bearish opening

Type : Bearish

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 SAP SE O.N. in Daily shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 15 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found no further results concerning independent technical indicators.

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near support of channel

Type : Bullish

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	113.66	119.34	126.13	128.68	128.78	131.48	136.82
Change (%)	-11.67%	-7.26%	-1.98%	-	+0.08%	+2.18%	+6.33%
Change	-15.02	-9.34	-2.55	-	+0.10	+2.80	+8.14
Level	Minor	Major	Major	-	Major	Major	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	126.62	127.40	128.34	129.12	130.06	130.84	131.78
Camarilla	128.81	128.97	129.12	129.28	129.44	129.60	129.75
Woodie	126.70	127.44	128.42	129.16	130.14	130.88	131.86
Fibonacci	127.40	128.06	128.46	129.12	129.78	130.18	130.84

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	119.83	122.35	125.81	128.33	131.79	134.31	137.77
Camarilla	127.64	128.18	128.73	129.28	129.83	130.38	130.93
Woodie	120.31	122.59	126.29	128.57	132.27	134.55	138.25
Fibonacci	122.35	124.63	126.04	128.33	130.61	132.02	134.31

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	113.31	117.21	121.97	125.87	130.63	134.53	139.29
Camarilla	124.36	125.15	125.95	126.74	127.53	128.33	129.12
Woodie	113.75	117.43	122.41	126.09	131.07	134.75	139.73
Fibonacci	117.21	120.52	122.56	125.87	129.18	131.22	134.53

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):	58.78
MACD (12,26,9):	1.1500
Directional Movement:	15.95
AROON (14):	78.57
DEMA (21):	127.25
Parabolic SAR (0,02-0,02-0,2):	123.19
Elder Ray (13):	2.14
Super Trend (3,10):	122.53
Zig ZAG (10):	128.66
VORTEX (21):	1.0000
Stochastique (14,3,5):	85.01
TEMA (21):	128.50
Williams %R (14):	-20.94
Chande Momentum Oscillator (20):	1.50
Repulse (5,40,3):	1.2600
ROCnROLL:	1
TRIX (15,9):	0.0600
Courbe Coppock:	6.67

MA7:	127.61
MA20:	125.39
MA50:	125.58
MA100:	124.88
MAexp7:	127.86
MAexp20:	126.06
MAexp50:	125.26
MAexp100:	123.88
Price / MA7:	+0.84%
Price / MA20:	+2.62%
Price / MA50:	+2.47%
Price / MA100:	+3.04%
Price / MAexp7:	+0.64%
Price / MAexp20:	+2.08%
Price / MAexp50:	+2.73%
Price / MAexp100:	+3.87%

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.

About author

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