SAP SEs stock price edged higher in latest intraday trading, amid the dominance of the main upward trend in the medium term, with ongoing positive pressure due to trading above the 50-day SMA, countered with negative signals from the Stochastic after reaching overbought levels, which could hinder upcoming gains.

Therefore we expect the stock to rise and target the resistance of $330.45, provided the support of 293.70 holds on.

Todays price forecast: Bullish