SIEMENS AG Technical Analysis: Weekly Chart

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

RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 111.28 & the resistance level is at 118.55.

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

SIEMENS AG Technical Analysis: Daily Chart

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

RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 112.89 & the resistance level is at 118.45.

SIEMENS AG was trading in the down channel before there is breakout upside.   

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 115.27, TAKE PROFIT AT 112.89 AND STOP LOSS AT 118.45