(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 2024-09-05 View latest technical analysis
10 day averaged volume of Silicon Motion is 271165
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 58.50 | 58.38 | 59.10 | 58.09 | 0.73 times |
| 04 Wed Sep 2024 | 58.92 | 59.23 | 60.13 | 58.81 | 0.544 times |
| 03 Tue Sep 2024 | 59.35 | 62.65 | 62.65 | 58.76 | 1.323 times |
| 30 Fri Aug 2024 | 63.57 | 63.78 | 63.98 | 62.80 | 0.65 times |
| 30 Fri Aug 2024 | 63.57 | 63.78 | 63.98 | 62.80 | 0.65 times |
| 29 Thu Aug 2024 | 62.94 | 62.50 | 64.87 | 62.50 | 0.84 times |
| 28 Wed Aug 2024 | 62.10 | 61.56 | 62.50 | 60.46 | 1.564 times |
| 27 Tue Aug 2024 | 62.10 | 62.01 | 62.94 | 61.53 | 0.497 times |
| 26 Mon Aug 2024 | 62.36 | 64.07 | 64.07 | 62.11 | 0.437 times |
| 23 Fri Aug 2024 | 64.07 | 65.06 | 65.58 | 63.64 | 2.479 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 57.9, for a target of 60.6 or 62.77
Share price targets for Silicon Motion (SIMO)
| Target Type | Value |
| Downside Target | 56.73 |
| Downside Target | 58.09 |
| Upside Target | 59.91 |
| Upside Target | 62.65 |
| Upside Target | 66.61 |
| Upside Target | 67.15 |
| Upside Target | 69.67 |
| Upside Target | 71.56 |
| Upside Target | 77.01 |
| Upside Target | 81.97 |
| Upside Target | 85.00 |
| Upside Target | 85.87 |
Intraday share price targets for Silicon Motion (SIMO)
| Target Type | Value |
| Downside Intraday Target | 56.84 |
| Downside Intraday Target | 55.19 |
| Upside Intraday Target | 61.4 |
| Upside Intraday Target | 64.31 |
| Upside Intraday Target | 59.75 |
Weekly technical analysis of Silicon Motion (SIMO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 58.50 | 62.65 | 62.65 | 58.09 | 3.997 times |
| 30 Fri Aug 2024 | 63.57 | 63.78 | 63.98 | 62.80 | 0.163 times |
| 30 Fri Aug 2024 | 63.57 | 64.07 | 64.87 | 60.46 | 0.766 times |
| 23 Fri Aug 2024 | 64.07 | 64.26 | 65.92 | 63.64 | 0.713 times |
| 16 Fri Aug 2024 | 63.87 | 59.92 | 67.15 | 59.91 | 0.857 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Silicon Motion (SIMO)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 58.50 | 62.65 | 62.65 | 58.09 | 0.083 times |
| 30 Fri Aug 2024 | 63.57 | 68.76 | 69.67 | 56.73 | 1.067 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 |
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 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 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 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 gaining momentum.
MACD generated a SELL signal for Silicon Motion in short term and the sell signal is strong.
Silicon Motion Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Silicon Motion in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 62.06 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 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 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 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 gaining momentum.
MACD generated a SELL signal for Silicon Motion in short term and the sell signal is strong.
Silicon Motion Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Silicon Motion in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 62.06 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.