Is Siemens technically bullish or bearish?

Jun 13 2025 08:04 AM IST
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As of June 12, 2025, Siemens shows a mildly bearish trend due to daily moving averages and monthly indicators indicating bearishness, despite some weekly indicators suggesting mild bullishness.
As of 12 June 2025, the technical trend for Siemens has changed from sideways to mildly bearish. The current technical stance is mildly bearish, driven primarily by the daily moving averages indicating bearishness and the monthly MACD and Bollinger Bands also showing bearish tendencies. Despite some weekly indicators like MACD and KST being mildly bullish, the overall sentiment is influenced by the recent price decline from the previous close and the negative returns over the past year. The lack of strong signals from the RSI further supports a neutral outlook in the short term.
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