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 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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: 90% of all stocks are doing better.
- SAP is part of the Software industry. There are 275 other stocks in this industry, of which 60% are performing better than SAP.
- 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.
- In the last month SAP has a been trading in the 163.77 - 202.25 range, which is quite wide. It is currently trading near the lows of this range.
- SAP has an average volume of 3351640 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.
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SAP Support and Resistance Analysis
169.65
3 important resistance areas can be observed.
- A resistance zone ranging from 171.37 to 172.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @178.03 from a trend line in the daily time frame.
- Resistance @188.25 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 | 10.63 | NEGATIVE | SAP has a low relative strength, it was outperformed by 89.37% 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) | 34.29 | NEUTRAL | The RSI value for SAP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests SAP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.3 | NEUTRAL | The Stochastics value for SAP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.17 | MEDIUM VOLATILITY | The ATR as a percentage value for SAP suggests some volalility. |
| Average Directional Index/ADX (14) | 38.23 | 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
171.36
+0.15 (+0.09%)
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 34.2883. 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 171.22. Check the full technical report for our detailed analysis of SAP support and resistance levels.