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Double bottom in the 33 area: the decline slows, but distribution holds

Siemens Healthineers is at week 8 of a sell signal. The week closed flat and the daily chart shows a double bottom in the 33 area with an 8% rebound: a mixed technical picture that warrants caution before drawing conclusions.

Double bottom in the 33 area: the decline slows, but distribution holds
Siemens Healthineers · Sell signal, week 8
Double bottom in the 33 area: the decline slows, but distribution holds
June 26, 2026
Siemens Healthineers · Sell signal, week 8
In Summary
Siemens Healthineers is at week 8 of a sell signal, with the trade showing a small gain since entry (+1.89%). The week closed flat, while the daily chart reveals a double bottom in the 33 area with an 8% rebound: a mixed picture where signs of bearish exhaustion coexist with ongoing distribution. Trading not recommended.
Ongoing decline ·8th week from start ·EU-UK stocks ·T2 ★ See Gold version →
IQS Phase
77
in tension
Signal Strength
4
indecisive week
Sizing
MINIMUM
Ranking
#12 / 57
EU-UK stocks
Trade P&L %
+1.89%
from signal to today
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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