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 05/15/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

39%

11%

50%

My opinion

Bullish above 116.09 EUR

My targets

126.13 EUR (+4.19%)

136.82 EUR (+13.02%)

My analysis

The bullish trend is currently very strong on SAP SE O.N.. As long as the price remains above the support at 116.09 EUR, you could try to benefit from the boom. The first bullish objective is located at 126.13 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 136.82 EUR as an objective. 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 confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

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 121.06 EUR. The price registered a decrease of -0.18% on the session and was traded between 120.44 EUR and 121.32 EUR over the period. The price is currently at +0.51% from its lowest and -0.21% from its highest.

120.44

121.32

121.06

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

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

The Central Records scanner for higher/lower results shows the following items:

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

Technical analysis of SAP SE O.N. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase is slight given the direction of the technical indicators.
The Central Indicators scanner found this result concerning these indicators:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	100.79	110.69	116.09	121.06	121.55	126.13	136.82
Change (%)	-16.74%	-8.57%	-4.11%	-	+0.40%	+4.19%	+13.02%
Change	-20.27	-10.37	-4.97	-	+0.49	+5.07	+15.76
Level	Intermediate	Major	Intermediate	-	Major	Intermediate	Major

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
Standard	119.80	120.28	120.78	121.26	121.76	122.24	122.74
Camarilla	121.01	121.10	121.19	121.28	121.37	121.46	121.55
Woodie	119.81	120.29	120.79	121.27	121.77	122.25	122.75
Fibonacci	120.28	120.65	120.89	121.26	121.63	121.87	122.24

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	117.71	118.71	119.99	120.99	122.27	123.27	124.55
Camarilla	120.65	120.86	121.07	121.28	121.49	121.70	121.91
Woodie	117.86	118.78	120.14	121.06	122.42	123.34	124.70
Fibonacci	118.71	119.58	120.12	120.99	121.86	122.40	123.27

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	102.52	106.86	113.83	118.17	125.14	129.48	136.45
Camarilla	117.69	118.73	119.76	120.80	121.84	122.87	123.91
Woodie	103.84	107.52	115.15	118.83	126.46	130.14	137.77
Fibonacci	106.86	111.18	113.85	118.17	122.49	125.16	129.48

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):	62.93
MACD (12,26,9):	1.9600
Directional Movement:	12.24
AROON (14):	28.57
DEMA (21):	121.82
Parabolic SAR (0,02-0,02-0,2):	119.17
Elder Ray (13):	0.77
Super Trend (3,10):	115.35
Zig ZAG (10):	121.22
VORTEX (21):	1.1100
Stochastique (14,3,5):	73.99
TEMA (21):	121.92
Williams %R (14):	-33.24
Chande Momentum Oscillator (20):	1.66
Repulse (5,40,3):	0.3900
ROCnROLL:	1
TRIX (15,9):	0.2700
Courbe Coppock:	6.42

MA7:	120.71
MA20:	119.15
MA50:	114.42
MA100:	109.31
MAexp7:	120.71
MAexp20:	119.08
MAexp50:	115.23
MAexp100:	110.41
Price / MA7:	+0.29%
Price / MA20:	+1.60%
Price / MA50:	+5.80%
Price / MA100:	+10.75%
Price / MAexp7:	+0.29%
Price / MAexp20:	+1.66%
Price / MAexp50:	+5.06%
Price / MAexp100:	+9.65%

Quotes : - 15 min delayed data - Germany Stocks

News

The latest news and videos published on SAP SE O.N. at the time of the analysis were as follows:

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

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