(SIMO) Silicon Motion complete technical analysis [charts+indicators] | Buy/Sell Silicon Motion | (SIMO) share price targets
Complete technical analysis of Silicon Motion (SIMO) by charts plus indicators, forecast predictions and share price targets for Silicon Motion (SIMO)
Silicon Motion trades in USA in Technology sector.
Showing technical analysis as on 2024-05-16 View latest technical analysis
10 day averaged volume of Silicon Motion is 527785
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 77.31 | 76.14 | 78.07 | 76.04 | 0.734 times |
| 15 Wed May 2024 | 76.00 | 75.29 | 76.63 | 74.36 | 0.785 times |
| 14 Tue May 2024 | 74.89 | 74.60 | 75.80 | 74.44 | 0.487 times |
| 13 Mon May 2024 | 75.13 | 76.35 | 76.61 | 74.98 | 0.691 times |
| 10 Fri May 2024 | 76.21 | 77.92 | 78.15 | 75.49 | 0.895 times |
| 09 Thu May 2024 | 76.90 | 78.72 | 78.72 | 76.68 | 0.655 times |
| 08 Wed May 2024 | 78.72 | 79.21 | 79.50 | 78.03 | 0.602 times |
| 07 Tue May 2024 | 79.24 | 78.98 | 80.47 | 78.43 | 0.914 times |
| 06 Mon May 2024 | 78.58 | 78.05 | 80.77 | 77.02 | 1.898 times |
| 03 Fri May 2024 | 73.96 | 78.82 | 81.60 | 72.79 | 2.274 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 77.2, but if it comes below 77.2, then a intra day sell could be more profitable.
If you take a sell trade below 77.2, then use 77.2 as stoploss and 74.89 as target. However if you take a buy trade in stock , then use 77.2 as stoploss and 79.9 as target.
Share price targets for Silicon Motion (SIMO)
| Target Type | Value |
| Downside Target | 58.91 |
| Downside Target | 62.99 |
| Downside Target | 65.98 |
| Downside Target | 70.50 |
| Downside Target | 74.36 |
| Downside Target | 75.79 |
| Upside Target | 78.07 |
| Upside Target | 80.60 |
| Upside Target | 80.77 |
| Upside Target | 81.60 |
| Upside Target | 83.96 |
Intraday share price targets for Silicon Motion (SIMO)
| Target Type | Value |
| Downside Intraday Target | 75.09 |
| Downside Intraday Target | 72.87 |
| Upside Intraday Target | 78.8 |
| Upside Intraday Target | 80.29 |
| Downside Intraday Target | 76.58 |
Weekly technical analysis of Silicon Motion (SIMO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 77.31 | 76.35 | 78.07 | 74.36 | 0.543 times |
| 10 Fri May 2024 | 76.21 | 78.05 | 80.77 | 75.49 | 1.047 times |
| 03 Fri May 2024 | 73.96 | 73.41 | 81.60 | 71.56 | 2.558 times |
| 26 Fri Apr 2024 | 73.35 | 72.20 | 74.73 | 71.68 | 0.559 times |
| 19 Fri Apr 2024 | 71.84 | 75.79 | 75.79 | 71.44 | 0.761 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Silicon Motion (SIMO)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 77.31 | 73.81 | 81.60 | 71.56 | 0.836 times |
| 30 Tue Apr 2024 | 73.81 | 77.02 | 83.96 | 71.44 | 1.055 times |
| 28 Thu Mar 2024 | 76.94 | 71.00 | 80.60 | 70.50 | 0.736 times |
| 29 Thu Feb 2024 | 70.79 | 63.41 | 70.87 | 62.99 | 0.707 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Silicon Motion (SIMO)
Price action analysis of Silicon Motion ( (SIMO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Silicon Motion ( (SIMO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Silicon Motion ( (SIMO) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Silicon Motion ( (SIMO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Silicon Motion stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Silicon Motion in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Silicon Motion Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Silicon Motion in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Silicon Motion is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 76.55 and Silicon Motion (SIMO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Silicon Motion (SIMO) stock. Volume based technical analysis of Silicon Motion (SIMO) stock is negative.
Silicon Motion Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Silicon Motion ( (SIMO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Silicon Motion ( (SIMO) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Silicon Motion ( (SIMO) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Silicon Motion ( (SIMO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Silicon Motion stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Silicon Motion in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Silicon Motion Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Silicon Motion in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Silicon Motion is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 76.55 and Silicon Motion (SIMO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Silicon Motion (SIMO) stock. Volume based technical analysis of Silicon Motion (SIMO) stock is negative.
Silicon Motion Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.