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 10/16/2024 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 206.85 EUR

My targets

218.84 EUR (+3.15%)

229.63 EUR (+8.24%)

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 206.85 EUR. The buyers' bullish objective is set at 218.84 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 229.63 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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

8.4

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

SAP SE O.N. rating 212.15 EUR. On the day, this instrument gained +1.12% and was traded between 211.15 EUR and 213.15 EUR over the period. The price is currently at +0.47% from its lowest and -0.47% from its highest.

211.15

213.15

212.15

Here is a more detailed summary of the historical variations registered by SAP SE O.N.:

The study of the highest / lowest by the Central Records scanner shows the following results:

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

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 strongly bullish. 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, according to the parameters integrated into the Central Analyzer system, 14 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

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

Near horizontal support

Type : Bullish

Timeframe : Daily

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

Bullish harami

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	181.31	190.72	206.85	212.15
Change (%)	-14.54%	-10.10%	-2.50%	-
Change	-30.84	-21.43	-5.30	-
Level	Minor	Minor	Minor	-

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	202.05	205.50	207.65	211.10	213.25	216.70	218.85
Camarilla	208.26	208.77	209.29	209.80	210.31	210.83	211.34
Woodie	201.40	205.18	207.00	210.78	212.60	216.38	218.20
Fibonacci	205.50	207.64	208.96	211.10	213.24	214.56	216.70

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	193.67	196.65	202.63	205.61	211.59	214.57	220.55
Camarilla	206.14	206.96	207.78	208.60	209.42	210.24	211.06
Woodie	195.16	197.40	204.12	206.36	213.08	215.32	222.04
Fibonacci	196.65	200.08	202.19	205.61	209.04	211.15	214.57

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	175.60	182.82	193.61	200.83	211.62	218.84	229.63
Camarilla	199.45	201.10	202.75	204.40	206.05	207.70	209.35
Woodie	177.39	183.71	195.40	201.72	213.41	219.73	231.42
Fibonacci	182.82	189.70	193.95	200.83	207.71	211.96	218.84

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):	65.03
MACD (12,26,9):	3.0800
Directional Movement:	19.12
AROON (14):	50.00
DEMA (21):	209.17
Parabolic SAR (0,02-0,02-0,2):	202.03
Elder Ray (13):	5.29
Super Trend (3,10):	200.49
Zig ZAG (10):	211.75
VORTEX (21):	1.0700
Stochastique (14,3,5):	83.46
TEMA (21):	209.91
Williams %R (14):	-17.47
Chande Momentum Oscillator (20):	7.35
Repulse (5,40,3):	-0.1500
ROCnROLL:	1
TRIX (15,9):	0.1800
Courbe Coppock:	3.89

MA7:	208.69
MA20:	205.56
MA50:	199.44
MA100:	191.35
MAexp7:	208.81
MAexp20:	205.25
MAexp50:	199.92
MAexp100:	192.50
Price / MA7:	+1.66%
Price / MA20:	+3.21%
Price / MA50:	+6.37%
Price / MA100:	+10.87%
Price / MAexp7:	+1.60%
Price / MAexp20:	+3.36%
Price / MAexp50:	+6.12%
Price / MAexp100:	+10.21%

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:

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

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