Stock Technical indicators to notice in SIEMENS N (SIE.SG)
1- Last bullish trend was from 91.77 $ (2/3/2014) to 96.32 $ (2/25/2014) a 4.55 $ move 2- The current bearish trend started from 96.32 $ at 2/25/2014 and is currently trading at 92.06 $.
4- SIE.SG current resistance level is at 93.51 which is the 61.80 % fibonacci retracement of the last 4.55 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
SIEMENS N (SIE.SG) Short term stock chart patterns for internet stock trading :
6- The Stock formed a 7.850 $ height triangle which was broken down at 92.060 in higher than usual volume, target of the pattern is 84.210.
SIEMENS N (SIE.SG) Mid term stock chart patterns for internet stock trading :
7- The Stock formed Double Bottom Pattern at 72.230 .
SIEMENS N (SIE.SG) Long term stock chart patterns for internet stock trading :
8- The Stock was supported by a support line, identified by two points: 72.230 and 70.910, and is currently supporting at 73.787.
Stock Trading Conclusion:
SIEMENS N (SIE.SG) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show no favorited direction,
recommend hold or waiting for entry .
Stock Resistance Levels : 92.15, 93.07, 93.51, 93.69, 94.04, 94.19, 94.58, 94.69, 95.25, 96.32,.
Stock Support levels : 91.77, 90.53, 88.96, 84.21, 73.79,.