SAP SE-SPONSORED ADR (SAP) Stock Technical Analysis
NYSE:SAP • US8030542042
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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, SAP is a bad performer in the overall market: 86% of all stocks are doing better.
- SAP is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month SAP has a been trading in the 189.22 - 239.99 range, which is quite wide. It is currently trading near the lows of this range.
- SAP has an average volume of 2513080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- SAP is part of the Software industry. There are 274 other stocks in this industry, SAP did better than 60% of them.
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
194.73
We found 1 important support area.
- A support zone ranging from 196.70 to 196.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 203.98 to 207.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @212.22 from a horizontal line in the daily time frame.
- Resistance @233.03 from a trend line in the daily time frame.
- A resistance zone ranging from 244.25 to 247.39. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | 14.54 | NEGATIVE | SAP has a low relative strength, it was outperformed by 85.46% 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) | 36.7 | NEUTRAL | The RSI value for SAP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.46 | POSITIVE | The MACD value suggests SAP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.75 | NEUTRAL | The Stochastics value for SAP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.15 | MEDIUM VOLATILITY | The ATR as a percentage value for SAP suggests some volalility. |
| Average Directional Index/ADX (14) | 29.2 | POSITIVE | The high ADX value value for SAP suggests a strong trend. |
196.71
-5.88 (-2.9%)
SAP SE-SPONSORED ADR / SAP 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.
Can you provide the RSI signal for SAP SE-SPONSORED ADR?
SAP SE-SPONSORED ADR (SAP) has an RSI value of 36.6991. This indicates that the stock is currently neutral.
What is the MACD signal for SAP SE-SPONSORED ADR (SAP) stock?
The MACD indicator for SAP SE-SPONSORED ADR (SAP) has a value of 0.462645, indicating a bearish trend.
What is the buy/sell signal for SAP SE-SPONSORED ADR (SAP) stock?
The buy/sell signal for SAP SE-SPONSORED ADR (SAP) is sell as both the short term and long term trends are negative.