
Technical analysis of SAP SE (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
SAP SE is a technology company that develops and provides enterprise software solutions globally. Its offerings include applications for financial management, human resources, supply chain, corporate spending, and customer experience, as well as platforms for integration, automation, and collaboration between business partners. The company also provides tools for business process analysis, industry-specific solutions, and IT architecture management solutions.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for November 3, 2026, computed on the last 12 months of prices.
21 sessions
226.95 $
+1.48%
50 sessions
218.43 $
+5.44%
200 sessions
190.46 $
+20.93%
s2
231.05
Support
s1
232.33
Support
pivot
234.51
Pivot
r1
235.79
Resistance
r2
237.97
Resistance
In the November 3, 2026 session SAP SE closed lower at 230.31 $, −1.42% versus the previous session.
The price sits above every moving average observed: +1.48% against the 21-session average, +5.44% against the 50 and +20.93% against the 200.
The 14-period RSI reads 57.2, in neutral territory.
MACD stands at 5.759 against a signal line at 6.145: the histogram is negative (−0.386).
ADX reads 30.9, indicating a marked directionality.
Levels computed on the latest session place supports at 232.33 and 231.05 $ and resistances at 235.79 and 237.97 $, around a pivot of 234.51.
The average daily range (ATR) is 5.233 $, or 2.27% of price.
Turnover was 1.6M shares, 63% of the 20-session average.
Over the last twelve months the price ranged between 144.97 and 243.03 $, and today stands −5.23% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is SAP SE analysed technically?
Technical analysis of SAP SE is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for SAP SE?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to SAP SE?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to SAP SE it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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