Siemens stock gains 1.9% as sustainable agtech deal bolsters outlook
Siemens has inked a partnership with British startup Entocycle to digitalize the production of insect-based protein
As of June 10, 2025, Siemens AG (XETR: SIE) is trading at €218.70, marking a 1.87% gain over the previous session.
The stock has shown impressive performance year-to-date, with a 15.52% increase, and is up 24.40% over the last 12 months.
Highlights
- Siemens is exhibiting strong bullish momentum, trading at €218.70, reflecting a 15.52% year-to-date gain.
- This robust stock performance is bolstered by the company's strategic expansion into sustainable agriculture through a new partnership with British biotech startup Entocycle.
- Siemens will leverage its Xcelerator platform and industrial automation expertise to digitalize and scale Entocycle's insect-based protein production.
From a moving average perspective, Siemens is trading above its 50-day and 200-day simple moving averages (SMAs), which are currently around €212 and €198, respectively. The crossover of the 50-day SMA above the 200-day SMA earlier in the year formed a golden cross, traditionally viewed as a strong bullish signal. The stock’s proximity to the €220 psychological threshold indicates potential buying interest around this level, with short-term traders watching for a close above €225 to confirm a breakout continuation.
Momentum indicators also support the bullish narrative. The Relative Strength Index (RSI) remains below the overbought threshold of 70, currently reading near 62, indicating room for further upside without entering overheated territory. The Moving Average Convergence Divergence (MACD) indicator shows a positive histogram and a signal line cross above the zero line, which is interpreted as a continuation pattern within the existing uptrend. Volume patterns remain steady, reinforcing the idea that institutional participation is supporting the rally.
Siemens stock price dynamics (April 2025 - June 2025). Source: TradingView
In terms of key price levels, immediate support is located around €210, which has acted as a bounce zone multiple times in May. If breached, stronger support lies near €200, in line with the 200-day moving average. On the upside, resistance at €225 remains critical; a decisive close above this level would open the path toward €235, followed by the 52-week high zone of €244.85. The risk-reward ratio favors the bulls as long as the stock remains above the €210 threshold, especially given the current technical momentum and institutional interest.
Siemens pushes into sustainable agtech with Entocycle deal
Siemens has inked a partnership with British biotech startup Entocycle to digitalize the production of insect-based protein, marking a foray into the next frontier of sustainable agriculture. Under the agreement, Siemens will provide industrial automation hardware and software — including its Siemens Xcelerator platform and edge computing solutions — to optimize and scale Entocycle’s black soldier fly larvae farms.
The partnership highlights Siemens’ intent to stretch its industrial automation portfolio into nascent but high-potential verticals. Entocycle’s larvae farms operate in highly controlled environments that require precision climate, humidity, and nutrient management — a natural fit for Siemens’ digital twin and PLC technologies. By automating these parameters, Siemens enables higher throughput and cost efficiency, effectively removing scaling bottlenecks in insect protein production.
While financially immaterial in the near term, the Entocycle partnership adds weight to Siemens’ ESG and innovation credentials — critical factors for long-only institutional investors reshaping portfolios toward green industrials. Insect protein is gaining regulatory and market acceptance as a scalable, low-footprint alternative to soy and fishmeal. Siemens' early positioning in this space enhances its exposure to circular economy trends, without compromising its core automation and digital industries thesis.
Siemens eyes €225 threshold as technicals point higher
Siemens AG is currently demonstrating strong bullish momentum in the short term. Trading above both its 50-day and 200-day simple moving averages, with a recent "golden cross" formation, indicates a robust uptrend. The immediate focus for traders will be a decisive break above the €225 resistance level, which, if achieved, could pave the way towards the €235 mark and potentially the 52-week high of €244.85.
However, a potential short-term reversal cannot be entirely discounted. While current technicals are strong, the stock's proximity to the €220 psychological level could trigger some profit-taking if a breakout above €225 isn't sustained. A failure to decisively break above €225 could lead to a retest of the €210 immediate support. If this level is breached, the stock might find stronger support around the €200 mark, aligning with its 200-day moving average. Siemens has also partnered with Emirates NBD to finance green infrastructure projects in the UAE, aligning with the region's Net Zero by 2050 goals. This collaboration leverages Siemens' technical expertise in building automation and energy efficiency with Emirates NBD's green financing to foster environmental innovation.
