SIEMENS - Technical Analysis with Chart Patterns & Indicators
Last Updated Time : 19 Sept 25, 2:16 pm
Back to Technical ListTechnical Rating: 4.3
Hereโs a comprehensive technical analysis of Siemens Ltd. (SIEMENS)
๐ Trend Analysis
Current Trend: Siemens is in a recovery phase, showing signs of a short-term reversal from its recent downtrend. Price has rebounded from the โน3,200 zone and is now trading above both 50 DMA and 200 DMA.
Momentum: Bullish. RSI at 63.5 and MACD at 45.0 indicate strong upward momentum, though RSI is nearing overbought territory.
๐ Moving Averages
50 DMA: โน3,166
200 DMA: โน3,242
Current Price: โน3,318
Interpretation: Price is above both averages, confirming a bullish bias. The crossover above the 200 DMA strengthens the case for continued upside.
๐ MACD & RSI
MACD: Strongly positive, signaling bullish momentum.
RSI: At 63.5, approaching overbought zone (>70), but still in a healthy range for continuation.
Conclusion: Momentum indicators support a buy-on-dips strategy, with caution near resistance.
๐ Volume Trends
Current Volume: 4.69 lakh
1-Week Avg Volume: 5.70 lakh
Interpretation: Slight dip in volume, suggesting moderate participation. A volume surge near โน3,400โโน3,500 would confirm breakout strength.
๐ Bollinger Bands
Price is likely near the upper band, indicating strength but also potential short-term resistance. A breakout above โน3,400 with volume would confirm continuation.
๐ Support & Resistance Levels
Level Price (โน) Commentary
Support 1 3,242 200 DMA, strong base
Support 2 3,166 50 DMA, short-term support
Resistance 1 3,400 Near-term resistance zone
Resistance 2 3,900โ4,100 Intermediate swing highs
Resistance 3 4,662 52-week high
๐ฏ Entry & Exit Zones
Optimal Entry: โน3,200โโน3,250 (on pullback with confirmation)
Exit Zone: โน3,900โโน4,100 (partial profit booking), โน4,600+ (final target if momentum sustains)
๐ Summary
Trend: Reversing upward
Momentum: Strong bullish
Bias: Buy on dips
Short-Term Strategy: Accumulate near โน3,200โโน3,250 with breakout confirmation above โน3,400. Target โน3,900โโน4,600 over the next few months.
Forecasts suggest Siemens could reach โน4,900 by March 2025 and potentially โน6,200 by year-end if bullish conditions persist
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walletinvestor.com
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trendlyne.com
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dailybulls.in
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