Siemens stock trades above €219 on AI push with Nvidia
Siemens' recently expanded strategic partnership with Nvidia is a notable bullish catalyst
As of June 11, Siemens stock is trading at €219.80, down 0.3% over the past 24 hours.
Despite the minor pullback, the broader technical structure remains bullish. Siemens shares continue to trade comfortably above both the 50-day simple moving average (SMA).
Highlights
- Siemens is trading above €219 amid bullish momentum and strong technical indicators, including rising volume and a positive MACD.
- The expanded AI partnership with Nvidia enhances Siemens’ position in industrial automation and digital twin technology.
- A breakout above €220 could push the stock toward €225 in the near term.
The 14-day Relative Strength Index (RSI) currently reads 62, placing the stock in bullish territory while still short of overbought conditions, which typically occur above 70. This suggests that although some buying pressure has built up, there is room for further gains before a technical cooldown might occur. The Moving Average Convergence Divergence (MACD) indicator remains in positive territory, with the MACD line above the signal line, reinforcing the prevailing upward momentum.
Key horizontal support levels lie at €215.00 and €210.00, while the nearest resistance barrier is at €220.00. A decisive daily close above this level would open the door for a push towards €225.00, which would mark a new high for the quarter. Conversely, a failure to hold €215.00 on a closing basis could invite a temporary pullback, potentially dragging the stock back toward its 50-day average.
Siemens stock price dynamics (April 2025 - June 2025). Source: TradingView
Volume trends add further confidence to Siemens’ technical outlook. Over the past two weeks, the stock has seen steadily increasing average daily trading volume, rising from around 610,000 shares to approximately 720,000 shares. This uptick in volume, especially during sessions where the stock has gained, suggests growing institutional interest and conviction behind the recent rally. Moreover, the accumulation/distribution line has been trending higher, indicating that demand is outweighing supply on most trading days.
Strategic developments: Nvidia alliance strengthens AI positioning
Siemens' recently expanded strategic partnership with Nvidia is a notable bullish catalyst. On June 10, the two companies announced an enhancement of their alliance to accelerate the use of AI and digital twin technology in industrial manufacturing. The joint initiative centers around integrating Nvidia's Omniverse and AI computing capabilities with Siemens' industrial automation and operational technology platforms.
This expanded partnership is expected to unlock real-time AI-powered digital twins, improve design and simulation workflows, and increase productivity in manufacturing environments. As demand for automation, digitization, and smart factories continues to surge globally, Siemens' positioning at the intersection of AI and industrial software gives it a competitive edge in capturing new market share.
Moreover, this development strengthens Siemens’ role in shaping the industrial metaverse—a concept where real-time digital replicas of physical systems are used for predictive maintenance, optimization, and efficiency. As global manufacturing industries invest more heavily in digital transformation, Siemens stands to benefit directly from increased demand for such capabilities.
Room for upside with watchful eye on RSI
Siemens’ short-term price outlook remains positive, supported by technical momentum and a strong fundamental narrative. A sustained break above €220.00 would confirm the bullish breakout, potentially triggering a move toward the next resistance at €225.00. A rally beyond this level would be contingent on further institutional accumulation and a supportive macroeconomic tone.
If, however, the stock faces selling pressure near resistance, it may temporarily retreat to the €215.00 support zone. A failure to defend this level could lead to a deeper pullback toward the €210.00 region, which also coincides with the 200-day SMA and would likely act as a robust technical floor.
Siemens has partnered with British biotech startup Entocycle to digitalize insect-based protein production using its industrial automation and Siemens Xcelerator platform. The collaboration aims to scale and optimize black soldier fly larvae farms, advancing sustainable agriculture.
