Siemens Healthineers — Week 5 of the decline
Decline losing momentum: double bottom and recovering indicators
Siemens Healthineers — Week 5 of the decline
In Summary
Siemens Healthineers is at week 5 of a sell signal, with trading not recommended. The week just closed with a minimal decline of −0.2%, but buy volumes surged to 81% — an anomalous reading for an ongoing decline. The double bottom in the 33 area is technically strong: the picture calls for observation, not action.
IQS Phase
79
in tension
Signal Strength
2
indecisive week
Sizing
MINIMUM
Ranking
#6 / 54
EU-UK stocks
Trade P&L %
+0.11%
from signal to today
restricted Platinum content