Software AG 12%After we saw the golden cross, the chart is squeezing up in a bullish triangle. After a daily close over 35,5 Euros, we have plenty of room for an upward move. My target is 40 Euros.
0.16%
0.24EUR
18.984MEUR
958.18MEUR
32.431M
About SOFTWARE AG
Sector
Industry
CEO
Sanjay Brahmawar
Website
Headquarters
Darmstadt
Employees (FY)
5.172K
Founded
1969
ISIN
DE000A2GS401
Software AG is a holding company, which engages in the development of information technology platforms for digital transformation. It operates through the following segments: Digital Business Platform (DBP), Adabas & Natural (A&N), and Professional Services. The DBP segment connects the software, applications, devices, and people to infuse the business value across the organization. The A&N segment includes Adabas database management system, natural application development, application modernization, and NaturalONE Eclipse-based integrated development environment. The Professional Services segment focuses on the implementation of solutions in cooperation with customers and partners. The company was founded by Peter M. Schnell on May 30, 1969 and is headquartered in Darmstadt, Germany.
Mid Term InvestSoftware AG is famous... and invests a lot in "Cloud and Internet of Things(IoT)". They created a plattform which is in use in several other Companies.
SOW - Approaching first line of resistance Nice an clean break out after pull back from years high. Should consolidating at this area before moving higher to test highs. Longterm outlook promising.
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