SAP SE O.N. - 1H - Technical analysis published on 10/26/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
39%
17%
44%
My opinion
Bullish above 94.42 EUR
My targets
101.42 EUR (+4.30%)
105.50 EUR (+8.49%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SAP SE O.N. as long as the price remains well above 94.42 EUR. The buyers' bullish objective is set at 101.42 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 105.50 EUR. If there is any crossing, the next objective would be the resistance located at 110.95 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
0
10
6.8
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Additional analysis
Quotes
SAP SE O.N. rating 97.24 EUR. The price is lower by -0.01% since the last closing and was traded between 95.84 EUR and 98.00 EUR over the period. The price is currently at +1.46% from its lowest and -0.78% from its highest.95.84
98.00
97.24
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SAP SE O.N.:
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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, only 7 technical indicators out of 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 88.26 | 90.53 | 94.42 | 97.24 | 101.42 | 105.50 | 110.95 |
| Change (%) | -9.23% | -6.90% | -2.90% | - | +4.30% | +8.49% | +14.10% |
| Change | -8.98 | -6.71 | -2.82 | - | +4.18 | +8.26 | +13.71 |
| Level | Major | Minor | Minor | - | Major | Major | 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 | 90.48 | 92.07 | 94.66 | 96.25 | 98.84 | 100.43 | 103.02 |
| Camarilla | 96.10 | 96.48 | 96.87 | 97.25 | 97.63 | 98.02 | 98.40 |
| Woodie | 90.98 | 92.32 | 95.16 | 96.50 | 99.34 | 100.68 | 103.52 |
| Fibonacci | 92.07 | 93.67 | 94.65 | 96.25 | 97.85 | 98.83 | 100.43 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 83.78 | 85.37 | 88.39 | 89.98 | 93.00 | 94.59 | 97.61 |
| Camarilla | 90.13 | 90.56 | 90.98 | 91.40 | 91.82 | 92.25 | 92.67 |
| Woodie | 84.49 | 85.73 | 89.10 | 90.34 | 93.71 | 94.95 | 98.32 |
| Fibonacci | 85.37 | 87.13 | 88.22 | 89.98 | 91.74 | 92.83 | 94.59 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 69.93 | 74.75 | 79.44 | 84.26 | 88.95 | 93.77 | 98.46 |
| Camarilla | 81.51 | 82.38 | 83.25 | 84.12 | 84.99 | 85.86 | 86.74 |
| Woodie | 69.86 | 74.72 | 79.37 | 84.23 | 88.88 | 93.74 | 98.39 |
| Fibonacci | 74.75 | 78.39 | 80.63 | 84.26 | 87.90 | 90.14 | 93.77 |
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): | 65.58 | |
| MACD (12,26,9): | 1.4500 | |
| Directional Movement: | 17.61 | |
| AROON (14): | 64.29 | |
| DEMA (21): | 97.38 | |
| Parabolic SAR (0,02-0,02-0,2): | 95.04 | |
| Elder Ray (13): | 0.19 | |
| Super Trend (3,10): | 94.35 | |
| Zig ZAG (10): | 96.44 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 60.50 | |
| TEMA (21): | 97.70 | |
| Williams %R (14): | -42.90 | |
| Chande Momentum Oscillator (20): | 1.44 | |
| Repulse (5,40,3): | -0.1800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2500 | |
| Courbe Coppock: | 7.38 |
| MA7: | 92.25 | |
| MA20: | 88.37 | |
| MA50: | 86.62 | |
| MA100: | 88.16 | |
| MAexp7: | 96.66 | |
| MAexp20: | 95.41 | |
| MAexp50: | 93.00 | |
| MAexp100: | 90.83 | |
| Price / MA7: | +5.41% | |
| Price / MA20: | +10.04% | |
| Price / MA50: | +12.26% | |
| Price / MA100: | +10.30% | |
| Price / MAexp7: | +0.60% | |
| Price / MAexp20: | +1.92% | |
| Price / MAexp50: | +4.56% | |
| Price / MAexp100: | +7.06% |
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:
- SAP Announces Q3 2022 Results
- Hela Apparel Holdings Consolidates Growth with Go-Live on SAP S/4HANA with attune, a Rizing Company
- Pathlock Expands SAP Capabilities with Acquisition of Grey Monarch
- SAP Delivers New Innovations to Build Future-Ready, Sustainable Workforces
- SUSE Enters into a Strategic Collaboration with AWS to Accelerate SAP Innovation in the Cloud
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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