Stock Market: SAP AG Price Chart, Analysis And Trading Signals

SAP AG Technical Analysis: Weekly Chart

In the weekly charts, SAP AG is trading in a down channel.

It is trading below all SMA.

The immediate support is 94.57 & the resistance level is at 99.79.

SAP AG is trading in the down channel until there is trend reversal.

SAP AG Technical Analysis: Daily Chart

In the daily charts, SAP AG is trading in a down channel.

It is trading below all SMA.

The immediate support is 96.04 & the resistance level is 97.64.

SAP AG is trading in the 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 96.84, TAKE PROFIT AT 96.04 AND STOP LOSS AT 97.64