SAP SE technical analysis
Technical analysis of SAP SE (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is SAP SE
SAP SE is a technology sector company that develops and provides enterprise application software solutions worldwide. Its offering includes platforms for managing finance, human resources, supply chain, procurement and customer experience, as well as tools for integration, business process automation and collaboration between commercial partners. The company also provides industry-specific solutions, e-learning services and tools for analyzing and visualizing IT architecture.
Description generated automatically from public sources; it may be inaccurate or out of date.
SAP SE: latest session data
Closing values for October 20, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
191.21 €
+7.00%
50 sessions
187.06 €
+9.38%
200 sessions
163.86 €
+24.87%
Session levels
s2
197.58
Support
s1
199.69
Support
pivot
201.57
Pivot
r1
203.68
Resistance
r2
205.56
Resistance
How to read it
In the October 20, 2026 session SAP SE closed higher at 204.60 €, +1.39% versus the previous session.
The price sits above every moving average observed: +7.00% against the 21-session average, +9.38% against the 50 and +24.87% against the 200.
The 14-period RSI reads 71.5, in overbought territory.
MACD stands at 5.187 against a signal line at 3.983: the histogram is positive (+1.204).
ADX reads 23.8, indicating weak directionality.
Levels computed on the latest session place supports at 199.69 and 197.58 € and resistances at 203.68 and 205.56 €, around a pivot of 201.57.
The average daily range (ATR) is 5.269 €, or 2.58% of price.
Turnover was 499.1K shares, 28% of the 20-session average.
Over the last twelve months the price ranged between 127.50 and 205.40 €, and today stands −0.39% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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How Montbon’s technical analysis works
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.
FAQ about SAP SE
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.
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Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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