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 12/06/2024 (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

28%

44%

My opinion

Bullish above 236.50 EUR

My targets

242.50 EUR (+0.87%)

My analysis

The bullish trend is currently very strong on SAP SE O.N.. As long as the price remains above the support at 236.50 EUR, you could try to benefit from the boom. The first bullish objective is located at 242.50 EUR. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

6.1

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 240.40 EUR. On the day, this instrument lost -0.39% with the lowest point at 238.90 EUR and the highest point at 240.80 EUR. The deviation from the price is +0.63% for the low point and -0.17% for the high point.

238.90

240.80

240.40

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

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

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

A technical analysis in 1H of this SAP SE O.N. chart shows a strongly bullish trend. 92.86% 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 8 are neutral and 5 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	223.59	225.90	236.50	240.40	242.50
Change (%)	-6.99%	-6.03%	-1.62%	-	+0.87%
Change	-16.81	-14.50	-3.90	-	+2.10
Level	Intermediate	Intermediate	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	237.15	238.45	239.90	241.20	242.65	243.95	245.40
Camarilla	240.59	240.85	241.10	241.35	241.60	241.85	242.11
Woodie	237.23	238.49	239.98	241.24	242.73	243.99	245.48
Fibonacci	238.45	239.50	240.15	241.20	242.25	242.90	243.95

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	211.33	215.17	220.03	223.87	228.73	232.57	237.43
Camarilla	222.51	223.31	224.10	224.90	225.70	226.50	227.29
Woodie	211.85	215.43	220.55	224.13	229.25	232.83	237.95
Fibonacci	215.17	218.49	220.54	223.87	227.19	229.24	232.57

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	200.67	206.63	215.77	221.73	230.87	236.83	245.97
Camarilla	220.75	222.13	223.52	224.90	226.28	227.67	229.05
Woodie	202.25	207.43	217.35	222.53	232.45	237.63	247.55
Fibonacci	206.63	212.40	215.97	221.73	227.50	231.07	236.83

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):	64.53
MACD (12,26,9):	2.2000
Directional Movement:	5.58
AROON (14):	-50.00
DEMA (21):	242.56
Parabolic SAR (0,02-0,02-0,2):	241.78
Elder Ray (13):	0.05
Super Trend (3,10):	238.23
Zig ZAG (10):	240.55
VORTEX (21):	1.1800
Stochastique (14,3,5):	45.27
TEMA (21):	241.94
Williams %R (14):	-52.78
Chande Momentum Oscillator (20):	0.10
Repulse (5,40,3):	0.3600
ROCnROLL:	1
TRIX (15,9):	0.1800
Courbe Coppock:	1.37

MA7:	233.37
MA20:	225.51
MA50:	217.51
MA100:	206.50
MAexp7:	240.55
MAexp20:	239.25
MAexp50:	234.38
MAexp100:	229.77
Price / MA7:	+3.01%
Price / MA20:	+6.60%
Price / MA50:	+10.52%
Price / MA100:	+16.42%
Price / MAexp7:	-0.06%
Price / MAexp20:	+0.48%
Price / MAexp50:	+2.57%
Price / MAexp100:	+4.63%

Quotes : - 15 min delayed data - Germany Stocks

News

Don't forget to follow the news on SAP SE O.N.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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