SAP SE-SPONSORED ADR (SAP) Stock Technical Analysis
NYSE:SAP - New York Stock Exchange, Inc. - US8030542042 - ADR - Currency: USD
Overall SAP gets a technical rating of 9 out of 10. 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.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that SAP is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by SAP over the past year are nicely spread over this period.
SAP is one of the better performing stocks in the Software industry, it outperforms 73% of 282 stocks in the same industry.
SAP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SAP is lagging the market slightly.
SAP has an average volume of 1168040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SAP has a been trading in the 285.49 - 313.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although SAP has an excellent technical rating, it does not offer a high quality setup 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
242.01
315.06
3 important support areas can be observed.
- A support zone ranging from 287.58 to 288.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @271.82 from a trend line in the weekly time frame.
- A support zone ranging from 244.45 to 247.62. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 301.81 to 304.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 309.80 to 311.94. 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 | UP | POSITIVE | The long term trend for SAP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SAP is neutral. |
| ChartMill Relative Strength | 87.56 | POSITIVE | SAP has a high relative strength, it outperformed 87.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SAP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SAP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SAP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.41 | NEUTRAL | The RSI value for SAP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests SAP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.68 | NEUTRAL | The Stochastics value for SAP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for SAP suggests low volalility. |
| Average Directional Index/ADX (14) | 12.58 | NEGATIVE | The low ADX value for SAP suggests a weak or negative 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)
300.64
-0.21 (-0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.07%
1 Week-1.6%
2 Weeks-0.15%
1 Month-0.36%
3 Month16.8%
6 Month14.39%
12 Month52.45%
2 Year120.49%
3 Year222.54%
5 Year88.82%
10 Year319.48%
15 Year555.42%
Volatility
ATR(14)5.36
ATR(20)%1.77%
ATR Inc0.71%
Range Today5.21
ADR(20)4.21
ADR(20)%1.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.56
Mansfield0.82
10 Day High313.28
10 Day Low295.82
20 Day High313.28
20 Day Low285.49
52 Week High313.28
52 Week Low194.93
CS1 End288.46
CR1 Start301.81
Volume & EV
DER(3)1.03%
DER(5)1.46%
Volume902.40K
Volume Incr-0.69%
Vol(5)1.14M
Vol(50)1.17M