(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 2024-06-11 View latest technical analysis
10 day averaged volume of Silicon Motion is 306060
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Tue Jun 2024 | 83.20 | 84.73 | 84.73 | 81.87 | 1.638 times |
| 10 Mon Jun 2024 | 84.38 | 82.55 | 84.75 | 82.23 | 0.861 times |
| 07 Fri Jun 2024 | 82.54 | 83.46 | 84.31 | 82.39 | 1.294 times |
| 06 Thu Jun 2024 | 83.72 | 80.00 | 84.41 | 79.50 | 2.005 times |
| 05 Wed Jun 2024 | 79.95 | 77.75 | 80.12 | 77.13 | 1.232 times |
| 04 Tue Jun 2024 | 77.76 | 77.25 | 78.50 | 77.01 | 0.914 times |
| 03 Mon Jun 2024 | 78.43 | 79.01 | 79.02 | 77.33 | 0.518 times |
| 31 Fri May 2024 | 78.09 | 78.00 | 78.50 | 76.80 | 1.046 times |
| 30 Thu May 2024 | 78.16 | 76.26 | 78.31 | 75.69 | 0.89 times |
| 29 Wed May 2024 | 76.47 | 77.10 | 77.50 | 76.00 | 0.568 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 81.5, but if it comes below 81.5, then a intra day sell could be more profitable.
If you take a sell trade below 81.5, then use 81.5 as stoploss and 78.79 as target. However if you take a buy trade in stock , then use 81.5 as stoploss and 84.7 as target.
Share price targets for Silicon Motion (SIMO)
| Target Type | Value |
| Downside Target | 62.99 |
| Downside Target | 70.50 |
| Downside Target | 74.36 |
| Downside Target | 80.60 |
| Downside Target | 81.87 |
| Downside Target | 81.97 |
| Upside Target | 83.96 |
| Upside Target | 84.41 |
| Upside Target | 84.75 |
Intraday share price targets for Silicon Motion (SIMO)
| Target Type | Value |
| Downside Intraday Target | 81.8 |
| Downside Intraday Target | 80.39 |
| Upside Intraday Target | 84.68 |
| Upside Intraday Target | 86.15 |
| Upside Intraday Target | 83.27 |
Weekly technical analysis of Silicon Motion (SIMO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Tue Jun 2024 | 83.20 | 82.55 | 84.75 | 81.87 | 0.419 times |
| 07 Fri Jun 2024 | 82.54 | 79.01 | 84.41 | 77.01 | 1.876 times |
| 31 Fri May 2024 | 78.09 | 78.70 | 79.25 | 75.69 | 0.704 times |
| 23 Thu May 2024 | 78.18 | 77.50 | 81.97 | 77.50 | 0.865 times |
| 17 Fri May 2024 | 77.39 | 76.35 | 78.07 | 74.36 | 0.61 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 |
| 11 Tue Jun 2024 | 83.20 | 79.01 | 84.75 | 77.01 | 0.303 times |
| 31 Fri May 2024 | 78.09 | 73.81 | 81.97 | 71.56 | 1.186 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 |
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 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 short 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 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 losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Silicon Motion in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 81.02 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 positive
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 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 short 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 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 losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Silicon Motion in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 81.02 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.