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SAP forms NR7 on August 11
SAP closed up 0.55% on Tuesday, August 11th, with volume running 0.7× below average. reversal patterns (Doji - Bearish?) combined with consolidation patterns (NR7) suggest a potential shift in market dynamics. Key support levels exist at 207.62, 205.54 & 203.61, with resistance at 211.63, 213.56 & 215.64. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of SAP: B
Don’t miss other key signals SAP triggered—view them now on SwingTradeBot.com.
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