SAP SE-SPONSORED ADR (SAP) Stock Technical Analysis
NYSE:SAP - US8030542042 - ADR
266.2 USD
-5.96 (-2.19%)
268.365 USD
+2.17 (+0.81%)
We assign a technical rating of 1 out of 10 to SAP. SAP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
In the last month SAP has a been trading in the 264.18 - 299.48 range, which is quite wide. It is currently trading near the lows of this range.
SAP has an average volume of 1447140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, SAP turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
SAP is an average performer in the Software industry, it outperforms 55% of 280 stocks in the same industry.
SAP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SAP is lagging the market.
The technical rating of SAP is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
229.70
312.90
When analyzing the support we can see 3 important areas.
- A support zone ranging from 266.19 to 266.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 243.79 to 244.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @232.02 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 277.80 to 282.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @295.47 from a horizontal line in the daily time frame.
- A resistance zone ranging from 305.98 to 309.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 51.89 | NEUTRAL | SAP is not amongst the best or worst performers 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) | UP | MIXED | The current price of SAP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.41 | NEUTRAL | The RSI value for SAP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests SAP has a negative trend. |
| Stochastics (14,3) | 25.32 | NEUTRAL | The Stochastics value for SAP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for SAP suggests low volalility. |
| Average Directional Index/ADX (14) | 24.25 | NEUTRAL | The ADX value for SAP suggests a possible start of a new trend. |
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)
266.2
-5.96 (-2.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-2.19%
1 Week-1.5%
2 Weeks-3.8%
1 Month-6.2%
3 Month-14.07%
6 Month-3.83%
12 Month25.96%
2 Year105.85%
3 Year227.63%
5 Year70.85%
10 Year310.87%
15 Year439.85%
Volatility
ATR(14)4.03
ATR(20)%1.96%
ATR Inc37.2%
Range Today4.42
ADR(20)3.75
ADR(20)%1.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.89
Mansfield-0.79
10 Day High278.52
10 Day Low264.18
20 Day High299.48
20 Day Low264.18
52 Week High313.28
52 Week Low210.81
CS1 End266.19
CR1 Start277.8
Volume & EV
DER(3)0.41%
DER(5)1.69%
Volume1.59M
Volume Incr-18.34%
Vol(5)1.29M
Vol(50)1.45M