
Technical analysis of SAP SE (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
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Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for September 2, 2026, computed on the last 12 months of prices.
21 sessions
182.77 €
+1.54%
50 sessions
160.32 €
+15.75%
200 sessions
166.59 €
+11.40%
s2
178.31
Support
s1
179.87
Support
pivot
182.29
Pivot
r1
183.85
Resistance
r2
186.27
Resistance
In the September 2, 2026 session SAP SE closed higher at 185.58 €, +2.28% versus the previous session.
The price sits above every moving average observed: +1.54% against the 21-session average, +15.75% against the 50 and +11.40% against the 200.
The 14-period RSI reads 59.9, in neutral territory.
MACD stands at 7.073 against a signal line at 8.499: the histogram is negative (−1.426).
ADX reads 37.1, indicating a marked directionality.
Levels computed on the latest session place supports at 179.87 and 178.31 € and resistances at 183.85 and 186.27 €, around a pivot of 182.29.
The average daily range (ATR) is 5.840 €, or 3.15% of price.
Turnover was 1.6M shares, 71% of the 20-session average.
Over the last twelve months the price ranged between 127.50 and 192.12 €, and today stands −3.40% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
Score, Elliott Waves, moving averages and technical indicators — free, no card
If you're not registered we'll ask you to sign in (free), then open the SAP.DE analysis.
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.
Are you an issuer and want a correction or removal? Write to info@montbon.com.