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SAP SE O.N.
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 06/12/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 175.37 EUR
My targets
177.68 EUR (+0.66%)
180.25 EUR (+2.11%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on SAP SE O.N. as long as the price remains well above 175.37 EUR. The buyers' bullish objective is set at 177.68 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 180.25 EUR. If there is any crossing, the next objective would be the resistance located at 182.60 EUR. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

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
0
10
6.1

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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15 min. Daily Weekly

Additional analysis

Quotes

The SAP SE O.N. price is 176.52 EUR. The price registered an increase of +0.64% on the session and was traded between 176.22 EUR and 177.28 EUR over the period. The price is currently at +0.17% from its lowest and -0.43% from its highest.

176.22
177.28
176.52

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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


Near a 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 bullish. 78.57% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals 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, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



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:

Central Patterns

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
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 167.66 169.80 175.37 176.52 177.68 180.25 182.60
Change (%) -5.02% -3.81% -0.65% - +0.66% +2.11% +3.44%
Change -8.86 -6.72 -1.15 - +1.16 +3.73 +6.08
Level Minor Intermediate Intermediate - Major Intermediate Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard170.91172.37173.89175.35176.87178.33179.85
Camarilla174.58174.85175.13175.40175.67175.95176.22
Woodie170.93172.39173.91175.37176.89178.35179.87
Fibonacci172.37173.51174.22175.35176.49177.20178.33


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard156.19161.57169.47174.85182.75188.13196.03
Camarilla173.71174.93176.14177.36178.58179.80181.01
Woodie157.44162.20170.72175.48184.00188.76197.28
Fibonacci161.57166.65169.78174.85179.93183.06188.13


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard142.98154.12160.04171.18177.10188.24194.16
Camarilla161.27162.83164.40165.96167.52169.09170.65
Woodie140.37152.82157.43169.88174.49186.94191.55
Fibonacci154.12160.64164.66171.18177.70181.72188.24

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): 55.47
MACD (12,26,9): 0.0700
Directional Movement: 7.79
AROON (14): 21.43
DEMA (21): 175.84
Parabolic SAR (0,02-0,02-0,2): 173.91
Elder Ray (13): 0.86
Super Trend (3,10): 176.98
Zig ZAG (10): 176.34
VORTEX (21): 0.9100
Stochastique (14,3,5): 70.31
TEMA (21): 175.37
Williams %R (14): -22.67
Chande Momentum Oscillator (20): -0.14
Repulse (5,40,3): -0.0300
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 0.84
MA7: 174.84
MA20: 175.71
MA50: 174.03
MA100: 171.81
MAexp7: 175.81
MAexp20: 175.70
MAexp50: 175.03
MAexp100: 174.70
Price / MA7: +0.96%
Price / MA20: +0.46%
Price / MA50: +1.43%
Price / MA100: +2.74%
Price / MAexp7: +0.42%
Price / MAexp20: +0.48%
Price / MAexp50: +0.86%
Price / MAexp100: +1.05%

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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