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. - Daily - Technical analysis published on 08/16/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

72%

28%

My opinion

Bullish above 88.26 EUR

My targets

101.42 EUR (+9.00%)

105.50 EUR (+13.38%)

My analysis

The strong short-term increase of SAP SE O.N. should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 88.26 EUR, a purchase could be considered. The first bullish objective is located at 101.42 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 105.50 EUR. If there is any crossing, the next objective would be the resistance at 110.95 EUR. Caution, if there is a return under 88.26 EUR, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

3.8

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.

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Additional analysis

Quotes

The SAP SE O.N. rating is 93.05 EUR. The price is lower by -0.26% since the last closing and was between 92.84 EUR and 93.89 EUR. This implies that the price is at +0.23% from its lowest and at -0.89% from its highest.

92.84

93.89

93.05

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

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 result:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of SAP SE O.N. indicates that the overall trend is not clearly defined. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near resistance of channel

Type : Bearish

Timeframe : Daily

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Dark cloud cover

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	84.99	88.26	92.11	93.05	101.42	105.50	110.95
Change (%)	-8.66%	-5.15%	-1.01%	-	+9.00%	+13.38%	+19.24%
Change	-8.06	-4.79	-0.94	-	+8.37	+12.45	+17.90
Level	Intermediate	Major	Major	-	Minor	Intermediate	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	91.89	92.20	92.74	93.05	93.59	93.90	94.44
Camarilla	93.06	93.13	93.21	93.29	93.37	93.45	93.52
Woodie	92.02	92.26	92.87	93.11	93.72	93.96	94.57
Fibonacci	92.20	92.52	92.72	93.05	93.37	93.57	93.90

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	87.98	89.56	91.30	92.88	94.62	96.20	97.94
Camarilla	92.12	92.42	92.73	93.03	93.33	93.64	93.94
Woodie	88.05	89.60	91.37	92.92	94.69	96.24	98.01
Fibonacci	89.56	90.83	91.62	92.88	94.15	94.94	96.20

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	75.33	79.59	85.13	89.39	94.93	99.19	104.73
Camarilla	87.99	88.88	89.78	90.68	91.58	92.48	93.38
Woodie	75.98	79.91	85.78	89.71	95.58	99.51	105.38
Fibonacci	79.59	83.33	85.64	89.39	93.13	95.44	99.19

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):	56.94
MACD (12,26,9):	1.0600
Directional Movement:	11.57
AROON (14):	78.57
DEMA (21):	92.84
Parabolic SAR (0,02-0,02-0,2):	90.13
Elder Ray (13):	1.18
Super Trend (3,10):	87.71
Zig ZAG (10):	93.08
VORTEX (21):	1.0600
Stochastique (14,3,5):	78.58
TEMA (21):	93.76
Williams %R (14):	-22.89
Chande Momentum Oscillator (20):	2.38
Repulse (5,40,3):	0.0700
ROCnROLL:	1
TRIX (15,9):	0.1400
Courbe Coppock:	6.85

MA7:	92.93
MA20:	91.42
MA50:	89.76
MA100:	92.05
MAexp7:	92.80
MAexp20:	91.59
MAexp50:	91.06
MAexp100:	93.48
Price / MA7:	+0.13%
Price / MA20:	+1.78%
Price / MA50:	+3.67%
Price / MA100:	+1.09%
Price / MAexp7:	+0.27%
Price / MAexp20:	+1.59%
Price / MAexp50:	+2.19%
Price / MAexp100:	-0.46%

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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