SAP SE’s stock price (SAP) kept rising in the intraday levels, buoyed by trading above the 50-day SMA, with positive signals from the RSI despite reaching overbought levels, amid the dominance of the main upward trend in the medium term.

Therefore we expect more gains for the stock, targeting the main resistance at $200.00, provided the support of $181.95 holds on.

Trend forecast- Bullish