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 09/18/2020 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Bearish
Technical indicators
39%
17%
44%
My opinion
Bearish under 137.74 EUR
My targets
134.73 EUR (-0.77%)
133.12 EUR (-1.96%)
My analysis
In the short term, we can see an acceleration in the bearish trend on SAP SE O.N., which is a positive signal for sellers. As long as the price remains above 137.74 EUR, a sale could be considered. The first bearish objective is located at 134.73 EUR. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 133.12 EUR as an objective. Crossing it would then enable sellers to target 131.88 EUR. If the price were to return above 137.74 EUR, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
2.9

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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The SAP SE O.N. price is 135.78 EUR. On the day, this instrument gained +0.19% with the lowest point at 135.06 EUR and the highest point at 138.12 EUR. The deviation from the price is +0.53% for the low point and -1.69% for the high point.

135.06
138.12
135.78

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:

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



Technical


A technical analysis in 1H of this SAP SE O.N. chart shows a bearish trend. The signals given by moving averages are 67.86% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



In fact, only 7 technical indicators out of 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 131.88 133.12 134.73 135.78 136.34 137.74 140.60
Change (%) -2.87% -1.96% -0.77% - +0.41% +1.44% +3.55%
Change -3.90 -2.66 -1.05 - +0.56 +1.96 +4.82
Level Minor Minor Major - Minor Intermediate 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
Standard130.40131.76133.64135.00136.88138.24140.12
Camarilla134.63134.93135.22135.52135.82136.11136.41
Woodie130.66131.89133.90135.13137.14138.37140.38
Fibonacci131.76133.00133.76135.00136.24137.00138.24


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard125.49128.69132.09135.29138.69141.89145.29
Camarilla133.69134.29134.90135.50136.11136.71137.32
Woodie125.60128.74132.20135.34138.80141.94145.40
Fibonacci128.69131.21132.77135.29137.81139.37141.89


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard124.45129.11133.57138.23142.69147.35151.81
Camarilla135.53136.37137.20138.04138.88139.71140.55
Woodie124.36129.06133.48138.18142.60147.30151.72
Fibonacci129.11132.59134.74138.23141.71143.86147.35

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): 46.31
MACD (12,26,9): 0.2700
Directional Movement: -4.81
AROON (14): 57.14
DEMA (21): 136.64
Parabolic SAR (0,02-0,02-0,2): 138.12
Elder Ray (13): -0.27
Super Trend (3,10): 134.77
Zig ZAG (10): 135.96
VORTEX (21): 0.9300
Stochastique (14,3,5): 59.74
TEMA (21): 136.83
Williams %R (14): -65.03
Chande Momentum Oscillator (20): 0.64
Repulse (5,40,3): -1.2200
ROCnROLL: 2
TRIX (15,9): 0.0200
Courbe Coppock: 2.05
MA7: 135.68
MA20: 137.31
MA50: 137.09
MA100: 126.88
MAexp7: 136.65
MAexp20: 136.31
MAexp50: 136.09
MAexp100: 136.37
Price / MA7: +0.07%
Price / MA20: -1.11%
Price / MA50: -0.96%
Price / MA100: +7.01%
Price / MAexp7: -0.64%
Price / MAexp20: -0.39%
Price / MAexp50: -0.23%
Price / MAexp100: -0.43%

Quotes : 2020-09-18 14:58:42 - 15 min delayed data - Germany Stocks

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

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