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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 01/30/2023 (GMT)

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

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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Neutral
Technical indicators
78%
0%
22%
My opinion
Bullish above 103.80 EUR
My targets
107.70 EUR (+2.05%)
109.42 EUR (+3.68%)
My analysis
The current short-term bullish acceleration on SAP SE O.N. should quickly allow the basic trend to return to bullish. To avoid contradicting the short term, traders may prefer long positions (at the time of purchase) as long as the price remains well above 103.80 EUR. Short-term buyers will use the resistance located at 107.70 EUR as an objective. A bullish break in this resistance would boost the bullish momentum. The next bullish objective would then be set at 109.42 EUR. Crossing this resistance would then open the door for buyers to target 119.93 EUR. Caution, if there is a return to under 103.80 EUR, it should not be forgotten that the basic trend is not yet clearly defined. Beware of against the trend sellers, many of whom will certainly benefit from this movement.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
4.3

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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15 min. Daily Weekly

Additional analysis

Quotes

SAP SE O.N. rating 105.54 EUR. On the day, this instrument gained +0.71% and was traded between 103.74 EUR and 106.14 EUR over the period. The price is currently at +1.74% from its lowest and -0.57% from its highest.

103.74
106.14
105.54

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



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 (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 neutral trend. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour


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 several results that can have an impact on the price change:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel 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 102.51 103.80 105.16 105.54 107.70 109.42 119.93
Change (%) -2.87% -1.65% -0.36% - +2.05% +3.68% +13.63%
Change -3.03 -1.74 -0.38 - +2.16 +3.88 +14.39
Level Intermediate Minor Intermediate - Major Minor Minor



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
Standard100.59101.49103.15104.05105.71106.61108.27
Camarilla104.10104.33104.57104.80105.04105.27105.50
Woodie100.96101.68103.52104.24106.08106.80108.64
Fibonacci101.49102.47103.08104.05105.03105.64106.61


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard95.0298.24101.52104.74108.02111.24114.52
Camarilla103.01103.61104.20104.80105.40105.99106.59
Woodie95.0598.26101.55104.76108.05111.26114.55
Fibonacci98.24100.72102.26104.74107.22108.76111.24


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard81.2388.6892.5399.98103.83111.28115.13
Camarilla93.2894.3295.3596.3997.4398.4699.50
Woodie79.4487.7890.7499.08102.04110.38113.34
Fibonacci88.6892.9995.6699.98104.29106.96111.28

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): 55.90
MACD (12,26,9): 0.0600
Directional Movement: 0.74
AROON (14): 78.57
DEMA (21): 104.60
Parabolic SAR (0,02-0,02-0,2): 103.47
Elder Ray (13): 0.89
Super Trend (3,10): 102.89
Zig ZAG (10): 105.54
VORTEX (21): 1.1400
Stochastique (14,3,5): 91.64
TEMA (21): 105.09
Williams %R (14): -17.65
Chande Momentum Oscillator (20): 1.90
Repulse (5,40,3): 0.8100
ROCnROLL: 1
TRIX (15,9): -0.0400
Courbe Coppock: 2.81
MA7: 106.02
MA20: 105.25
MA50: 103.20
MA100: 97.37
MAexp7: 105.12
MAexp20: 104.70
MAexp50: 105.18
MAexp100: 105.28
Price / MA7: -0.45%
Price / MA20: +0.28%
Price / MA50: +2.27%
Price / MA100: +8.39%
Price / MAexp7: +0.40%
Price / MAexp20: +0.80%
Price / MAexp50: +0.34%
Price / MAexp100: +0.25%

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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