SAP AG Technical Analysis And How To Trade SAP AG

sap ag technical analysis

SAP AG Technical Analysis: Weekly Chart

In the weekly charts, SAP AG is trading in a down channel. SAP AG is currently trading below all SMA.

RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 84.25 & the resistance level is at 89.78.

SAP AG will trade in down channel until there is trend reversal.

SAP AG Technical Analysis: Daily Chart

In the daily charts, SAP AG is trading in down channel. SAP AG is currently trading below all SMA.

RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 84.25 & the resistance level is at 86.82.

SAP AG will trade in down channel until there is trend reversal.   

How to Trade SAP AG this Week:

SAP AG will follow the downtrend until their trend reversal. So, remain bearish on SAP AG.

TRADE SUGGESTION- SELL AT 85.06, TAKE PROFIT AT 84.25 AND STOP LOSS AT 86.82

About Author

Related posts

AUDNZD Technical Analysis

AUDNZD Price Technical Analysis

AUDNZD Technical Analysis: Weekly Chart In the weekly charts, AUDNZD is trading in an up channel. AUDNZD is currently trading above all SMA. RSI is in buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness. Its immediate support is 1.0971 & the resistance level is...

Read More
AUDCAD Technical Analysis

AUDCAD Technical Analysis

AUDCAD Technical Analysis: Weekly Chart In the weekly charts, AUDCAD was trading in down channel. AUDCAD is currently trading below all SMA. RSI is in buying zone which indicates bullishness. MACD is currently below zero which indicates bearishness. Its immediate support is 0.8916 & the resistance level is at...

Read More

Leave a Reply