SAP technical analysis

SAP Technical Analysis

Analysis date

August 5, 2026

Market

NYSE (USD)

Daily cutoff

August 4, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

SAP Data Verification

Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.

Symbol
SAP
Market
NYSE
Currency
USD (US Dollar)
Latest completed bar
August 4, 2026

Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.

Validation seriesLatest CloseDateDifferenceStatus
Calculation series195.49August 4, 2026-Verified
Verification series195.57August 4, 20260.04%Verified

Bottom line

SAP Technical Analysis Summary

SAP trades at 195.49 after a sharp rebound from the July low of 144.97. The bounce has carried price above the daily SMA20 and SMA50, but it remains below the SMA200 at 199.67, so the bigger trend is still unresolved. Daily RSI at 70.49 is overbought and the daily MACD histogram has turned strongly positive, while the weekly chart shows price above the weekly SMA20 but below the weekly SMA50 and SMA200 with RSI near 51. The stock sits at 33.8% of its 52-week range. Near-term resistance is at 195.80 and 196.39, the recent 20 and 60 period highs, with the SMA200 at 199.67 above them. Key support is at 165.94, the daily SMA20, and 144.97, the recent low. A sustained close above 196.39 would point the technical outlook toward the SMA200, while a drop back under 165.94 would signal that the rebound has stalled.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (August 4, 2026)

Trend
Mixed. Price at 195.49 is above the SMA20 (165.94) and SMA50 (167.12) but below the SMA200 (199.67). The SMA20 still sits slightly under the SMA50 after the sharp rally, so the short-term structure is recovering even as momentum is strong.
Momentum
Overbought. RSI14 is 70.49, above the 70 level. The MACD line at 7.06 is above the signal at 2.78 with a positive histogram of 4.28. The strong bounce has pushed momentum to an extreme, which often signals a pause rather than a continued straight move.
Volatility
Elevated. ATR14 is 7.35 (3.76% of price). Price closed above the upper Bollinger Band (194.22), an extension that often precedes a consolidation or pullback.
Volume
Below average. Latest volume of 2,685,320 is 75.2% of the 20-period average (3,569,391), so the rebound has not yet been confirmed by a volume expansion.

Assessment

The daily chart shows an aggressive recovery off the 144.97 low. Price is above the short-term averages but below the SMA200, RSI is overbought, and price is stretched beyond the upper Bollinger Band on below-average volume. That mix points to risk of a near-term pullback toward the SMA20 (165.94) before the direction becomes clearer.

Weekly (July 27, 2026 week)

Trend
Mixed. Price at 183.62 is above the SMA20 (168.23) but below the SMA50 (209.84) and SMA200 (188.91). The weekly downtrend has not reversed even after the strong bounce.
Momentum
Neutral. RSI14 is 51.14. The MACD line at -12.03 is still below zero, but the histogram has turned positive at 3.20, an early improvement from deeply negative momentum.
Volatility
Elevated. ATR14 is 15.32 (8.34% of price), reflecting the sharp weekly swings of recent weeks. Price is close to the upper Bollinger Band (186.58).
Volume
Above average. Latest volume of 21,942,400 is 137.2% of the 20-week average (15,997,845), showing heavier participation in the rebound.

Assessment

The weekly chart confirms the bounce but not a trend reversal. Price reclaimed the SMA20 while staying under the SMA50 and SMA200. A positive MACD histogram on above-average volume gives the bulls early support, but a close above 186.58 would be needed before the weekly bias turns constructive.

Key indicators

SAP Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)70.4951.14
MACD (12, 26, 9)7.06 / 2.78 / 4.28-12.03 / -15.22 / 3.20
ATR (14)7.35 (3.76%)15.32 (8.34%)
Bollinger Bands (20, 2)137.65 - 194.22149.89 - 186.58
SMA (20)165.94168.23
SMA (50)167.12209.84
SMA (200)199.67188.91

Price structure

SAP Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price195.49183.62
1-Period Return+3.08%+14.76%
5-Period Return+9.11%+18.40%
20-Period Return+20.10%-1.65%
60-Period Return+11.89%-39.70%
252-Period Return-29.72%+46.92%
52-Week Low144.97144.97
52-Week High294.36294.36
52-Week Position33.82%25.87%

Key levels

SAP Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High195.80196.39
20-Period Low144.97144.97
60-Period High196.39307.93
60-Period Low144.97144.97

Scenarios

SAP Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price closes above the 60-day high at 196.39 on above-average volume, opening the way toward the SMA200 zone near 199.67.

Invalidation

Price falls back below the 20-day low at 144.97.

What to watch

Sustained closes above 195.80 and 196.39; daily RSI easing out of overbought without breaking down; the MACD histogram staying positive.

Range-Bound

Trigger

Price oscillates between the SMA20 near 165.94 and resistance at 196.39 while the longer trend resolves.

Invalidation

A decisive break of either boundary on rising volume.

What to watch

RSI holding between 45 and 65; price staying between the SMA20 and the recent highs; weekly momentum flattening near zero.

Bearish

Trigger

Price breaks back below the SMA20 at 165.94 and then the 20-day low at 144.97.

Invalidation

Price reclaims the SMA200 at 199.67 and holds above it.

What to watch

Closes back under the SMA20; rising downside volume; the daily RSI turning down from overbought.

Methodology

Methodology and Limitations

This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 4, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 4, 2026, weekly July 27, 2026 week. Generated August 5, 2026.