SAP SE-SPONSORED ADR (SAP)

US8030542042 - ADR

253.51  -0.13 (-0.05%)

After market: 253.51 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, SAP scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SAP has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, SAP did better than 90% of all other 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 280 other stocks in this industry. SAP outperforms 70% of them.
SAP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month SAP has a been trading in the 231.55 - 256.13 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Weekly and Daily overview Charts
SAP Weekly chart
SAP Daily chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, SAP also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 254.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 250.49, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

195.12

258.11

4 important support areas can be observed.

  • A support zone ranging from 248.84 to 250.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 239.49 to 240.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 228.30 to 231.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @197.09 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 254.15 to 255.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.65
Mansfield1.19
10 Day High254.7
10 Day Low243.19
20 Day High256.13
20 Day Low231.55
52 Week High256.13
52 Week Low148.38
Performance
1 Week3.71%
2 Weeks1.6%
1 Month7.85%
3 Month11.19%
6 Month25.68%
12 Month63.99%
2 Year145.67%
3 Year80.94%
5 Year89.2%
10 Year263.98%
15 Year441.57%
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)
Technical Indicators
MACD(12,26,9)-0.33
RSI(14)61.83
LBB244.82
UBB256.96
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
255.56248.836.73 (2.63%)25.00%
An entry @255.56. This is a Buy Stop order right above the resistance zone.An exit @248.83. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 6.73 points, which is 2.63%.For a 0.66% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SAP Daily chart

SAP SE-SPONSORED ADR

NYSE:SAP (12/26/2024, 8:04:00 PM)

After market: 253.51 0 (0%)

253.51

-0.13 (-0.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.05%
1 Week3.71%
2 Weeks1.6%
1 Month7.85%
3 Month11.19%
6 Month25.68%
12 Month63.99%
2 Year145.67%
3 Year80.94%
5 Year89.2%
10 Year263.98%
15 Year441.57%
Volatility
ATR(14)4.16
ATR(20)%1.76%
ATR Inc-11.48%
Range Today2.32
ADR(20)3.83
ADR(20)%1.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.65
Mansfield1.19
10 Day High254.7
10 Day Low243.19
20 Day High256.13
20 Day Low231.55
52 Week High256.13
52 Week Low148.38
CS1 End250.49
CR1 Start254.15
Volume & EV
DER(3)1.25%
DER(5)0.95%
Volume721.40K
Volume Incr35.8%
Vol(5)1.11M
Vol(50)917.72K