{"id":238462,"date":"2012-11-21T11:18:51","date_gmt":"2012-11-21T05:48:51","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=238462"},"modified":"2012-11-21T11:32:30","modified_gmt":"2012-11-21T06:02:30","slug":"test-3","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2012\/11\/21\/test-3\/","title":{"rendered":"Analysis: SIEMENS"},"content":{"rendered":"

Today\u2019s pick is [stockquote]SIEMENS[\/stockquote]. The stock was in an up-trend in the starting of this year until mid-April, after which it started declining to find support at the long term 650 levels. However, since June it has been range-bound between the 650 and 750 levels. In the last three months, the stock moved 2% Vs 4% as that of Nifty\u2019s. <\/p>\n

\"stock\"<\/a> <\/p>\n

Oscillators RSI<\/a> and CMO<\/a> are at currently at 38 and -16 are close to the over-sold territory but are not suggesting any direction. <\/p>\n

MACD<\/a> line and signal line are moving close to each other but are not indicating of any directional move. <\/p>\n

The long-term GMMA<\/a> chart is very tightly packed with short-term lines are starting to move up, directing a short-term upward movement. <\/p>\n

The stock saw a bearish 9X18 crossover a week ago. <\/p>\n

\"cor\"<\/a> <\/p>\n

SIEMENS\u2019s average correlation<\/a> of 0.60 with the Nifty<\/a> is positive. The stock will replicate the movements of Nifty. [stockquote]NIFTYBEES[\/stockquote]  <\/p>\n

\"vol\"<\/a> <\/p>\n

SIEMENS has a historical volatility<\/a> in the range of 0.3 to 0.9. The scrip\u2019s volatility is currently in the middle of the range and hence is not a concern. <\/p>\n

Looking at these technicals a short-term buy <\/b>is suggested if a pullback from the 650 levels is seen on higher volumes. A longer-term<\/b> call could be made after a decisive break-out of the range in either direction. <\/p>\n

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