Tag Archives: Siemens Ltd wave analysis

Siemens Ltd – Technical Analysis

Siemens Ltd Weekly Chart

Siemens Ltd Weekly Chart

Siemens Ltd Daily Chart

Siemens Ltd Daily Chart

This week, we are covering Siemens Ltd in our Stock”O”Week series.

Since from Aug 2011 Siemens Ltd is correcting from the highs of 950 and consistently making lower high, lower low, which signifies underlying weakness in the stock. As this stock was darling few years back to major investor community and now it lost the charm.

Technically speaking, stock is moving under major corrective C wave, but as such internals are not very obvious where we can firmly say that where and when correction can complete and fresh impulse wave will start. So it is better go by some simple tools.