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What the Technical Indicators Say about SAP Stock

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SAP’s stock trends and shareholder returns

So far in this series, we’ve discussed acquisitions made by SAP (SAP), Oracle (ORCL), and Adobe (ADBE). We’ve also discussed the factors that have served as catalysts for SAP stock reaching an all-time high this week. 

Let’s focus now on SAP’s technical indicators, which investors and traders look at when making market entry and exit decisions. Let’s compare SAP’s technical indicators with those of its peers in the enterprise software space.

On June 12, SAP stock had risen ~29% in the trailing-12-month period. In the trailing-one-month and trailing-five-day periods, it had risen ~25% and 21.5%, respectively. Adobe stock had risen 82% and 6% in the trailing-12-month and trailing-one-month periods, respectively. 

Microsoft (MSFT) stock had risen 44% and 3.4%, respectively, in the trailing-12-month and trailing-one-month periods. Oracle (ORCL) stock had risen 8% and 3.4%, respectively, in the same periods.

SAP’s MACD

On June 12, SAP’s last trading price was $103.14. The stock was trading 10% below its 20-day moving average of $115.00, 8% below its 50-day moving average of $112.00, and 5% below its 100-day moving average of $109.00.

A company’s MACD (moving average convergence divergence) is the difference between its short-term and long-term moving averages. SAP’s 14-day MACD of 1.33 is a positive figure, which indicates an upward trading trend.

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