(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 2024-09-24 View latest technical analysis
10 day averaged volume of Silicon Motion is 309590
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue Sep 2024 | 56.95 | 55.68 | 57.11 | 55.55 | 0.693 times |
| 23 Mon Sep 2024 | 54.94 | 55.10 | 55.99 | 54.64 | 0.606 times |
| 20 Fri Sep 2024 | 54.97 | 55.21 | 56.04 | 54.76 | 0.818 times |
| 19 Thu Sep 2024 | 55.86 | 56.50 | 56.69 | 55.43 | 2.509 times |
| 18 Wed Sep 2024 | 55.19 | 56.50 | 56.76 | 55.13 | 0.856 times |
| 17 Tue Sep 2024 | 56.50 | 56.60 | 57.64 | 56.10 | 0.929 times |
| 16 Mon Sep 2024 | 55.91 | 58.37 | 59.06 | 55.05 | 1.791 times |
| 13 Fri Sep 2024 | 59.64 | 58.59 | 60.16 | 58.35 | 0.786 times |
| 12 Thu Sep 2024 | 58.10 | 58.07 | 58.60 | 57.37 | 0.735 times |
| 11 Wed Sep 2024 | 58.33 | 57.27 | 58.35 | 56.34 | 0.568 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 55.7 as stoploss in an intra day buy trade for a target of 58.38. However, stock will show a bearish move below 55.7.
Share price targets for Silicon Motion (SIMO)
| Target Type | Value |
| Downside Target | 54.64 |
| Downside Target | 56.34 |
| Upside Target | 59.06 |
| Upside Target | 62.65 |
| Upside Target | 63.98 |
| Upside Target | 66.61 |
| 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 | 55.36 |
| Downside Intraday Target | 53.76 |
| Upside Intraday Target | 57.83 |
| Upside Intraday Target | 58.7 |
| Downside Intraday Target | 56.23 |
Weekly technical analysis of Silicon Motion (SIMO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue Sep 2024 | 56.95 | 55.10 | 57.11 | 54.64 | 0.188 times |
| 20 Fri Sep 2024 | 54.97 | 58.37 | 59.06 | 54.76 | 2.393 times |
| 13 Fri Sep 2024 | 59.64 | 57.08 | 60.16 | 56.34 | 0.826 times |
| 06 Fri Sep 2024 | 56.92 | 62.65 | 62.65 | 56.40 | 6.137 times |
| 30 Fri Aug 2024 | 63.57 | 63.78 | 63.98 | 62.80 | 0.163 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 |
| 24 Tue Sep 2024 | 56.95 | 62.65 | 62.65 | 54.64 | 0.531 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 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 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 BUY signal for Silicon Motion in short term but the buy signal is initial and weak.
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 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 56.4 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 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 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 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 BUY signal for Silicon Motion in short term but the buy signal is initial and weak.
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 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 56.4 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 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.