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 06/04/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

50%

44%

My opinion

Bearish under 169.82 EUR

My targets

165.80 EUR (-1.85%)

154.57 EUR (-8.49%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on SAP SE O.N.. As long as you are under the resistance located at 169.82 EUR, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 165.80 EUR would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 154.57 EUR as an objective. Crossing it would then enable sellers to target 148.18 EUR. If the resistance 169.82 EUR were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

1.1

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 168.92 EUR. The price registered an increase of +0.39% on the session with the lowest point at 167.66 EUR and the highest point at 169.26 EUR. The deviation from the price is +0.75% for the low point and -0.20% for the high point.

167.66

169.26

168.92

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

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

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of SAP SE O.N. in 1H shows an overall bearish trend. The signals given by moving averages are 71.43% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

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

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Bearish harami cross

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	136.82	148.18	165.80	168.92	169.82	173.92	177.68
Change (%)	-19.00%	-12.28%	-1.85%	-	+0.53%	+2.96%	+5.19%
Change	-32.10	-20.74	-3.12	-	+0.90	+5.00	+8.76
Level	Major	Minor	Major	-	Minor	Minor	Intermediate

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	164.01	165.49	166.87	168.35	169.73	171.21	172.59
Camarilla	167.47	167.74	168.00	168.26	168.52	168.78	169.05
Woodie	163.97	165.47	166.83	168.33	169.69	171.19	172.55
Fibonacci	165.49	166.58	167.25	168.35	169.44	170.11	171.21

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	143.89	154.57	160.27	170.95	176.65	187.33	193.03
Camarilla	161.46	162.96	164.46	165.96	167.46	168.96	170.47
Woodie	141.39	153.33	157.77	169.71	174.15	186.09	190.53
Fibonacci	154.57	160.83	164.70	170.95	177.21	181.08	187.33

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	142.98	154.12	160.04	171.18	177.10	188.24	194.16
Camarilla	161.27	162.83	164.40	165.96	167.52	169.09	170.65
Woodie	140.37	152.82	157.43	169.88	174.49	186.94	191.55
Fibonacci	154.12	160.64	164.66	171.18	177.70	181.72	188.24

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	48.43
MACD (12,26,9):	-0.6200
Directional Movement:	1.13
AROON (14):	0
DEMA (21):	167.61
Parabolic SAR (0,02-0,02-0,2):	167.34
Elder Ray (13):	0.54
Super Trend (3,10):	169.58
Zig ZAG (10):	168.94
VORTEX (21):	1.0300
Stochastique (14,3,5):	63.84
TEMA (21):	168.59
Williams %R (14):	-29.31
Chande Momentum Oscillator (20):	0.76
Repulse (5,40,3):	0.2700
ROCnROLL:	-1
TRIX (15,9):	-0.0900
Courbe Coppock:	1.61

MA7:	172.17
MA20:	175.85
MA50:	174.59
MA100:	170.01
MAexp7:	168.60
MAexp20:	168.74
MAexp50:	171.10
MAexp100:	173.42
Price / MA7:	-1.89%
Price / MA20:	-3.94%
Price / MA50:	-3.25%
Price / MA100:	-0.64%
Price / MAexp7:	+0.19%
Price / MAexp20:	+0.11%
Price / MAexp50:	-1.27%
Price / MAexp100:	-2.59%

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.

About author

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