SAP SE-SPONSORED ADR (SAP) Technical Analysis
NYSE:SAP • US8030542042
Current stock price
SAP Technical Rating and Analysis
Taking everything into account, SAP scores 0 out of 10 in our technical rating. SAP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 91% of all other stocks performed better in the past year than SAP.
- SAP is one of the lesser performing stocks in the Software industry. 64% of 275 stocks in the same industry do better.
- SAP is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SAP is lagging the market.
- SAP is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- SAP has an average volume of 3306120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SAP Weekly and Daily overview Charts
SAP Setup Rating and Analysis
SAP has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
SAP Support and Resistance Analysis
169.41
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 171.78 to 171.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @175.34 from a trend line in the daily time frame.
- Resistance @186.88 from a trend line in the daily time frame.
SAP Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for SAP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SAP is down. |
| ChartMill Relative Strength | 9.66 | NEGATIVE | SAP has a low relative strength, it was outperformed by 90.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SAP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SAP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SAP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.36 | NEUTRAL | The RSI value for SAP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests SAP has a positive trend. |
| Stochastics (14,3) | 26.12 | NEUTRAL | The Stochastics value for SAP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for SAP suggests some volalility. |
| Average Directional Index/ADX (14) | 38.08 | POSITIVE | The high ADX value value for SAP suggests a strong trend. |
SAP Chart- and CandleStick Pattern Analysis
SAP Technicals: Chart, Performance Metrics, Trend & Indicators
171.12
-0.65 (-0.38%)
SAP SE-SPONSORED ADR / SAP TA FAQ
What is the technical rating for SAP stock?
ChartMill assigns a technical rating of 0 / 10 to SAP.
What is the trend direction for SAP stock?
The current trend direction for SAP SE-SPONSORED ADR (SAP) is Bearish.
What is the RSI signal for SAP stock?
SAP SE-SPONSORED ADR (SAP) has an RSI value of 34.3559. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SAP SE-SPONSORED ADR?
The short term momentum for SAP SE-SPONSORED ADR (SAP) is negative.
Can you provide the support and resistance levels for SAP SE-SPONSORED ADR?
SAP SE-SPONSORED ADR (SAP) has a resistance level at 171.78. Check the full technical report for our detailed analysis of SAP support and resistance levels.