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 09/12/2024 (GMT)

Londinia

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

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

94%

My opinion

Bullish above 197.66 EUR

My targets

201.05 EUR (+1.00%)

My analysis

SAP SE O.N. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 197.66 EUR. The next resistance located at 201.05 EUR is the next bullish target to be reached. A bullish break in this resistance would boost the bullish momentum.

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

7.9

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.

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. rating is 199.06 EUR. The price registered an increase of +2.39% on the session and was between 197.64 EUR and 199.68 EUR. This implies that the price is at +0.72% from its lowest and at -0.31% from its highest.

197.64

199.68

199.06

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.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

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

Near a new LOW record (1 month)

Type : Bearish

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. This bullish trend is supported by the strong 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, 17 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 : 1 hour

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 2

Type : Neutral

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:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Black hanging man / hammer

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	192.82	194.20	197.66	199.06	199.86	201.05
Change (%)	-3.13%	-2.44%	-0.70%	-	+0.40%	+1.00%
Change	-6.24	-4.86	-1.40	-	+0.80	+1.99
Level	Major	Intermediate	Minor	-	Major	Minor

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	188.39	190.01	192.21	193.83	196.03	197.65	199.85
Camarilla	193.37	193.72	194.07	194.42	194.77	195.12	195.47
Woodie	188.69	190.16	192.51	193.98	196.33	197.80	200.15
Fibonacci	190.01	191.47	192.37	193.83	195.29	196.19	197.65

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	175.81	182.93	186.82	193.94	197.83	204.95	208.84
Camarilla	187.69	188.70	189.71	190.72	191.73	192.74	193.75
Woodie	174.21	182.12	185.22	193.13	196.23	204.14	207.24
Fibonacci	182.93	187.13	189.73	193.94	198.14	200.74	204.95

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	160.75	168.73	183.23	191.21	205.71	213.69	228.19
Camarilla	191.54	193.60	195.66	197.72	199.78	201.84	203.90
Woodie	164.00	170.36	186.48	192.84	208.96	215.32	231.44
Fibonacci	168.73	177.32	182.63	191.21	199.80	205.11	213.69

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):	69.71
MACD (12,26,9):	0.9900
Directional Movement:	25.64
AROON (14):	64.29
DEMA (21):	195.25
Parabolic SAR (0,02-0,02-0,2):	192.86
Elder Ray (13):	4.02
Super Trend (3,10):	194.16
Zig ZAG (10):	198.46
VORTEX (21):	1.1100
Stochastique (14,3,5):	84.57
TEMA (21):	196.37
Williams %R (14):	-16.63
Chande Momentum Oscillator (20):	5.44
Repulse (5,40,3):	0.2300
ROCnROLL:	1
TRIX (15,9):	0.0300
Courbe Coppock:	2.53

MA7:	193.38
MA20:	195.60
MA50:	191.59
MA100:	184.38
MAexp7:	195.95
MAexp20:	194.28
MAexp50:	193.95
MAexp100:	194.28
Price / MA7:	+2.94%
Price / MA20:	+1.77%
Price / MA50:	+3.90%
Price / MA100:	+7.96%
Price / MAexp7:	+1.59%
Price / MAexp20:	+2.46%
Price / MAexp50:	+2.63%
Price / MAexp100:	+2.46%

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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