SAP SE-SPONSORED ADR (SAP)

US8030542042 - ADR

180.07  -1.14 (-0.63%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to SAP. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

Looking at the yearly performance, SAP did better than 82% of all other stocks. On top of that, SAP also shows a nice and consistent pattern of rising prices.
SAP is part of the Software industry. There are 276 other stocks in this industry. SAP outperforms 72% of them.
SAP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SAP is performing more or less in line with the market.
In the last month SAP has a been trading in the 175.08 - 194.02 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Weekly and Daily overview Charts
SAP Weekly chart
SAP Daily chart
Setup Rating and Analysis

5

SAP has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.

Support and Resistance Analysis

130.10

199.07

We found 4 important support areas.

  • Support @179.69 from a trend line in the weekly time frame.
  • A support zone ranging from 173.10 to 175.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @154.79 from a trend line in the weekly time frame.
  • Support @131.41 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 180.48 to 187.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 195.36 to 197.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.17
Mansfield0.9
10 Day High189.27
10 Day Low175.08
20 Day High194.02
20 Day Low175.08
52 Week High199.29
52 Week Low126.75
Performance
1 Week-4.25%
2 Weeks0.07%
1 Month-6.82%
3 Month1.7%
6 Month29.57%
12 Month33.62%
2 Year80.36%
3 Year28.69%
5 Year46.3%
10 Year135.39%
15 Year315.39%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.1
RSI(14)41.76
LBB174.66
UBB189.12
SAP Daily chart

SAP SE-SPONSORED ADR

NYSE:SAP (5/1/2024, 7:21:08 PM)

180.07

-1.14 (-0.63%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.63%
1 Week-4.25%
2 Weeks0.07%
1 Month-6.82%
3 Month1.7%
6 Month29.57%
12 Month33.62%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.02
ATR(20)%2.13%
ATR Inc
Range Today4.28
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High189.27
10 Day Low175.08
20 Day High194.02
20 Day Low175.08
52 Week High199.29
52 Week Low126.75
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume622.10K
Volume Incr-1.03%
Vol(5)870.16K
Vol(50)764.48K