PSX · CABLE & ELECTRICAL GOODS
SIEM Bearish break of structure — 30 Min chart signal
Siemens (Pakistan) Engineering
30 Min 16 Oct 2026 · 10:00 PKT
Close
1,565.02
▼ 1.26%
Bearish break of structure
Market structure · BOS
SIEM closed below the external swing low at 1,570.00 from 06 Oct 14:30 - the bearish trend continues.
The 30-minute close at 1,565.02 confirms it. The new external CHoCH level (strong high) is 1,644.50: a close beyond it would change the character back.
Structure: bearish external, bearish internal (strong high 1,644.50). Nearest bearish FVG 1,565.02 - 1,580.00.
More for SIEM
SIEM company page →Descending Triangle breakdown
SIEM broke below its descending triangle on the 30-minute close at 1,565.02.
16 Oct 2026 · 10:00 PKT Pattern breakout
Bearish break of structure
SIEM closed below the external swing low at 1,570.00 from 06 Oct 14:30 - the bearish trend continues.
16 Oct 2026 · 09:30 PKT Market structure · BOS
Descending Triangle forming
SIEM is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 6.8x ATR wide at the start.
14 Oct 2026 · 14:00 PKT Chart pattern
Head & Shoulders forming
SIEM has completed a head & shoulders on the hourly chart with the head at 1,840.00 and the neckline at 1,563.54.
13 Oct 2026 · 12:30 PKT Chart pattern