(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 2024-08-12 View latest technical analysis
10 day averaged volume of Silicon Motion is 517360
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 60.86 | 59.92 | 61.45 | 59.91 | 0.584 times |
| 09 Fri Aug 2024 | 59.92 | 60.61 | 61.12 | 59.40 | 0.408 times |
| 08 Thu Aug 2024 | 60.61 | 58.56 | 61.04 | 58.04 | 0.835 times |
| 07 Wed Aug 2024 | 58.40 | 58.30 | 59.42 | 58.16 | 0.845 times |
| 06 Tue Aug 2024 | 57.51 | 58.65 | 58.90 | 56.80 | 1.238 times |
| 05 Mon Aug 2024 | 58.65 | 59.09 | 59.71 | 57.76 | 1.139 times |
| 02 Fri Aug 2024 | 62.50 | 60.06 | 64.21 | 56.73 | 1.429 times |
| 01 Thu Aug 2024 | 64.86 | 68.76 | 69.67 | 64.50 | 1.542 times |
| 31 Wed Jul 2024 | 69.44 | 69.15 | 70.74 | 68.40 | 0.753 times |
| 30 Tue Jul 2024 | 66.63 | 68.45 | 68.85 | 66.61 | 1.159 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 61, but if it comes above 61, then a intra day buy could be more profitable.
If you take a sell trade below 61, then use 61 as stoploss and 52.5 as target. However if you take a buy trade in stock , then use 61 as stoploss and 67.96 as target.
Share price targets for Silicon Motion (SIMO)
| Target Type | Value |
| Downside Target | 56.73 |
| Downside Target | 59.91 |
| Upside Target | 61.12 |
| Upside Target | 66.61 |
| Upside Target | 68.33 |
| Upside Target | 71.44 |
| Upside Target | 76.38 |
| Upside Target | 77.01 |
| Upside Target | 81.39 |
| Upside Target | 81.97 |
| Upside Target | 83.96 |
| Upside Target | 85.00 |
| Upside Target | 85.87 |
Intraday share price targets for Silicon Motion (SIMO)
| Target Type | Value |
| Downside Intraday Target | 60.03 |
| Downside Intraday Target | 59.2 |
| Upside Intraday Target | 61.57 |
| Upside Intraday Target | 62.28 |
| Downside Intraday Target | 60.74 |
Weekly technical analysis of Silicon Motion (SIMO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 60.86 | 59.92 | 61.45 | 59.91 | 0.131 times |
| 09 Fri Aug 2024 | 59.92 | 59.09 | 61.12 | 56.80 | 0.807 times |
| 02 Fri Aug 2024 | 62.50 | 70.07 | 72.00 | 56.73 | 1.514 times |
| 26 Fri Jul 2024 | 70.08 | 75.45 | 76.38 | 68.33 | 0.832 times |
| 19 Fri Jul 2024 | 75.14 | 81.11 | 81.39 | 72.21 | 1.238 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 |
| 12 Mon Aug 2024 | 60.86 | 68.76 | 69.67 | 56.73 | 0.521 times |
| 31 Wed Jul 2024 | 69.44 | 81.00 | 85.00 | 66.61 | 0.996 times |
| 28 Fri Jun 2024 | 80.99 | 79.01 | 85.87 | 77.01 | 0.935 times |
| 31 Fri May 2024 | 78.09 | 73.81 | 81.97 | 71.56 | 1.186 times |
Scroll below to view daily charts
Price has moved down 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 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 to mid 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 mid to longer 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.
ADX buy sell signal for Silicon Motion stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Silicon Motion in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Silicon Motion in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Silicon Motion is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 62.1 and Silicon Motion (SIMO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 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 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 to mid 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 mid to longer 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.
ADX buy sell signal for Silicon Motion stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Silicon Motion in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Silicon Motion in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Silicon Motion is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 62.1 and Silicon Motion (SIMO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.