SAP SE-SPONSORED ADR (SAP) Stock Technical Analysis
NYSE:SAP - New York Stock Exchange, Inc. - US8030542042 - ADR - Currency: USD
Taking everything into account, SAP scores 9 out of 10 in our technical rating. In the last year, SAP was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month SAP has a been trading in the 292.05 - 311.40 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt 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 91% of all 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 284 other stocks in this industry. SAP outperforms 83% 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.
SAP has an average volume of 1503550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although SAP has an excellent technical rating, it does not present a decent entry opportunity 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
229.70
312.91
4 important support areas can be observed.
- A support zone ranging from 293.35 to 293.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @264.05 from a trend line in the weekly time frame.
- A support zone ranging from 244.45 to 245.78. 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.
We found 1 important resistance area.
- A resistance zone ranging from 309.81 to 309.81. 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 | 91.53 | POSITIVE | SAP has a high relative strength, it outperformed 91.53% 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) | 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) | 45.01 | NEUTRAL | The RSI value for SAP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.81 | NEGATIVE | The MACD value suggests SAP has a negative trend. |
| Stochastics (14,3) | 30.73 | NEUTRAL | The Stochastics value for SAP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.71 | LOW VOLATILITY | The low ATR as a percentage value for SAP suggests low volalility. |
| Average Directional Index/ADX (14) | 17.51 | 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)
293.36
-8.38 (-2.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-2.78%
1 Week-5.31%
2 Weeks-3.14%
1 Month-0.34%
3 Month11.17%
6 Month15.82%
12 Month56.19%
2 Year114.43%
3 Year223.37%
5 Year109.54%
10 Year317.71%
15 Year562.21%
Volatility
ATR(14)5.33
ATR(20)%1.71%
ATR Inc42.66%
Range Today3.77
ADR(20)3.62
ADR(20)%1.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.53
Mansfield1.34
10 Day High311.4
10 Day Low292.39
20 Day High311.4
20 Day Low292.05
52 Week High311.4
52 Week Low188.17
CS1 End293.35
CR1 Start309.81
Volume & EV
DER(3)1.52%
DER(5)1.49%
Volume1.45M
Volume Incr20.03%
Vol(5)1.27M
Vol(50)1.50M