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. - 1H - Technical analysis published on 05/20/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 177.70 EUR

My targets

182.60 EUR (+1.92%)

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 177.70 EUR. The buyers' bullish objective is set at 182.60 EUR. A bullish break in this resistance would boost the bullish momentum. 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

8.9

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 179.16 EUR. On the day, this instrument gained +1.21% and was between 176.92 EUR and 179.24 EUR. This implies that the price is at +1.27% from its lowest and at -0.04% from its highest.

176.92

179.24

179.16

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 (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

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of SAP SE O.N. indicates that the overall trend is strongly bullish. 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, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour

CCI indicator is overbought : over 100

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 has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

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

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

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

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	168.47	173.92	177.70	179.16	182.60
Change (%)	-5.97%	-2.92%	-0.81%	-	+1.92%
Change	-10.69	-5.24	-1.46	-	+3.44
Level	Major	Minor	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	172.28	173.26	175.14	176.12	178.00	178.98	180.86
Camarilla	176.23	176.50	176.76	177.02	177.28	177.54	177.81
Woodie	172.73	173.49	175.59	176.35	178.45	179.21	181.31
Fibonacci	173.26	174.35	175.03	176.12	177.21	177.89	178.98

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	171.21	172.57	174.79	176.15	178.37	179.73	181.95
Camarilla	176.04	176.36	176.69	177.02	177.35	177.68	178.01
Woodie	171.65	172.79	175.23	176.37	178.81	179.95	182.39
Fibonacci	172.57	173.93	174.78	176.15	177.51	178.36	179.73

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	143.61	153.71	161.71	171.81	179.81	189.91	197.91
Camarilla	164.72	166.38	168.04	169.70	171.36	173.02	174.68
Woodie	142.55	153.19	160.65	171.29	178.75	189.39	196.85
Fibonacci	153.71	160.63	164.90	171.81	178.73	183.00	189.91

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):	72.63
MACD (12,26,9):	0.7100
Directional Movement:	15.25
AROON (14):	92.86
DEMA (21):	178.23
Parabolic SAR (0,02-0,02-0,2):	176.05
Elder Ray (13):	1.07
Super Trend (3,10):	176.88
Zig ZAG (10):	178.94
VORTEX (21):	1.1800
Stochastique (14,3,5):	97.88
TEMA (21):	178.71
Williams %R (14):	-2.50
Chande Momentum Oscillator (20):	2.46
Repulse (5,40,3):	0.4300
ROCnROLL:	1
TRIX (15,9):	0.0400
Courbe Coppock:	1.97

MA7:	176.59
MA20:	173.86
MA50:	174.60
MA100:	166.03
MAexp7:	178.34
MAexp20:	177.40
MAexp50:	176.52
MAexp100:	175.44
Price / MA7:	+1.46%
Price / MA20:	+3.05%
Price / MA50:	+2.61%
Price / MA100:	+7.91%
Price / MAexp7:	+0.46%
Price / MAexp20:	+0.99%
Price / MAexp50:	+1.50%
Price / MAexp100:	+2.12%

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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