SAP PEAD continuation: T+3 ↑LONG confirmed at T+5 (CAR +22.37%)
T+3 said ↑LONG at +21.33% CAR; T+5 extends to +22.37%. Drift survived the classical post-earnings window.
─ Timeline ─ Print 2026-07-23 SAP T-1 close 148.75 (baseline) T+3 close 179.17 CAR +21.33% → ↑LONG T+5 close 2026-07-30 180.88 CAR +22.37%
─ Verdict ─ T+5 CAR (+22.37%) extends past the T+3 reading. Drift magnitude grew by +1.04% between T+3 and T+5 — the classical PEAD continuation signature. Hold-through window unchanged: T+63 from print date.
─ Conviction ─ Original conviction 80/100 strengthens after T+5 confirmation. The drift signal is doing what PEAD says it should.
─ Original T+3 signal ─ See earnings card: /tape/c-earnings-sap-2026-07-23/
─ Closelook frame ─ Indices: AW25
→ closelook.net/indices/stock/?t=SAP