. Siemens AG Stock Price Technical Analysis,Trade Ideas and Trade signals

Siemens AG Stock Price Technical Analysis, Trade Ideas and Trade signals

Siemens AG Stock Price Technical Analysis, Trade Ideas and Trade signals

21 Jun 2022

SIEMENS AG Technical Analysis: Weekly Chart

Siemens ag technical analysis

In the weekly charts, SIEMENS AG is trading in a down channel. SIEMENS AG is currently trading below all SMA.

RSI is in over sold zone which indicates mild bullishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 102.07 & the resistance level is at 112.69.

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

SIEMENS AG Technical Analysis: Daily Chart

Siemens ag technical analysis

In the daily charts, SIEMENS AG is trading in down channel. SIEMENS AG is currently trading below all SMA.

RSI is in over sold zone which indicates mild bullishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 102.09 & the resistance level is at 105.68.

SIEMENS AG will trade 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 103.87, TAKE PROFIT AT 102.09 AND STOP LOSS AT 105.68