SAP SE (Germany) Technical Analysis

SAPA Stock  EUR 173.00  7.00  4.22%   
As of the 23rd of April, SAP SE has the Market Risk Adjusted Performance of (0.84), risk adjusted performance of 0.078, and Downside Deviation of 1.57. In connection with fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of SAP SE, as well as the relationship between them. In other words, you can use this information to find out if the entity will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for SAP SE, which can be compared to its competition. Please validate SAP SE information ratio, treynor ratio, value at risk, as well as the relationship between the jensen alpha and maximum drawdown to decide if SAP SE is priced adequately, providing market reflects its prevalent price of 173.0 per share.

SAP SE Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SAP, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SAP
  
SAP SE's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
SAP SE technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of SAP SE technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SAP SE trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

SAP SE Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of SAP SE volatility. High ATR values indicate high volatility, and low values indicate low volatility.

SAP SE Trend Analysis

Use this graph to draw trend lines for SAP SE. You can use it to identify possible trend reversals for SAP SE as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual SAP SE price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

SAP SE Best Fit Change Line

The following chart estimates an ordinary least squares regression model for SAP SE applied against its price change over selected period. The best fit line has a slop of   0.23  , which means SAP SE will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1968.33, which is the sum of squared deviations for the predicted SAP SE price change compared to its average price change.

About SAP SE Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of SAP SE on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of SAP SE based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SAP SE price pattern first instead of the macroeconomic environment surrounding SAP SE. By analyzing SAP SE's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of SAP SE's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to SAP SE specific price patterns or momentum indicators. Please read more on our technical analysis page.

SAP SE April 23, 2024 Technical Indicators

Most technical analysis of SAP help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for SAP from various momentum indicators to cycle indicators. When you analyze SAP charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

SAP SE April 23, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as SAP stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SAP SE. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for SAP Stock analysis

When running SAP SE's price analysis, check to measure SAP SE's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SAP SE is operating at the current time. Most of SAP SE's value examination focuses on studying past and present price action to predict the probability of SAP SE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SAP SE's price. Additionally, you may evaluate how the addition of SAP SE to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between SAP SE's value and its price as these two are different measures arrived at by different means. Investors typically determine if SAP SE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SAP SE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.