DAILY TECHNICAL ANALYSIS OF SIEMENS AG & TRADING TIPS

SIEMENS AG Technical Analysis: Weekly Chart

In the weekly charts, SIEMENS AG is trading in a down channel.

It is trading below all SMA.

The immediate support is 111.58 & the resistance level is at 125.30.

SIEMENS AG is trading in the down channel until there is trend reversal.

SIEMENS AG Technical Analysis: Daily Chart

In the daily charts, SIEMENS AG is trading in a down channel.

It is trading below all SMA.

The immediate support is 116.31 & the resistance level is 120.63.

SIEMENS AG is trading in the down channel until there is trend reversal. 

How to Trade SIEMENS AG this Week:

SIEMENS AG will follow the downtrend until their trend reversal. So, remain bearish on SIEMENS AG

TRADE SUGGESTION- SELL AT 118.21, TAKE PROFIT AT 116.31 AND STOP LOSS AT 120.63