Mon, 24 Aug 2026 08:47:19 GMT
SAP (SAP.DE/EUR) Technical Analysis
SAP SE has executed a sharp V-shaped recovery off its late-July low near €128.00 to reach its current level around €186.34. The stock has decisively crossed above its 60-day simple moving average (€152.48), shifting the intermediate trend back toward bullish momentum; however, with the price now extended roughly 22% above the average and forming smaller candle bodies near the €188.00–€190.00