(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 2024-10-15 View latest technical analysis
10 day averaged volume of Silicon Motion is 190200
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Tue Oct 2024 | 57.27 | 59.19 | 59.27 | 57.25 | 0.962 times |
| 14 Mon Oct 2024 | 59.20 | 60.13 | 60.63 | 59.20 | 0.492 times |
| 11 Fri Oct 2024 | 59.93 | 59.75 | 60.76 | 59.50 | 0.587 times |
| 10 Thu Oct 2024 | 60.25 | 59.10 | 60.44 | 59.00 | 1.518 times |
| 09 Wed Oct 2024 | 59.79 | 60.19 | 60.56 | 59.41 | 0.912 times |
| 08 Tue Oct 2024 | 60.19 | 61.27 | 62.30 | 60.13 | 1.338 times |
| 07 Mon Oct 2024 | 60.20 | 61.14 | 61.58 | 59.80 | 0.877 times |
| 04 Fri Oct 2024 | 61.14 | 62.09 | 62.30 | 60.59 | 1.203 times |
| 03 Thu Oct 2024 | 60.99 | 59.72 | 61.03 | 59.72 | 0.848 times |
| 02 Wed Oct 2024 | 60.08 | 59.79 | 61.00 | 59.48 | 0.996 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 56.6 as stoploss in an intra day buy trade for a target of 58.82. However, stock will show a bearish move below 56.6.
Share price targets for Silicon Motion (SIMO)
| Target Type | Value |
| Downside Target | 54.64 |
| Downside Target | 56.73 |
| Upside Target | 60.63 |
| Upside Target | 62.30 |
| Upside Target | 62.34 |
| Upside Target | 62.65 |
| Upside Target | 66.61 |
| Upside Target | 69.67 |
| Upside Target | 77.01 |
| Upside Target | 85.00 |
| Upside Target | 85.87 |
Intraday share price targets for Silicon Motion (SIMO)
| Target Type | Value |
| Downside Intraday Target | 56.14 |
| Downside Intraday Target | 55 |
| Upside Intraday Target | 59.52 |
| Upside Intraday Target | 61.76 |
| Upside Intraday Target | 58.38 |
Weekly technical analysis of Silicon Motion (SIMO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Tue Oct 2024 | 57.27 | 60.13 | 60.63 | 57.25 | 0.278 times |
| 11 Fri Oct 2024 | 59.93 | 61.14 | 62.30 | 59.00 | 0.934 times |
| 04 Fri Oct 2024 | 61.14 | 60.44 | 62.30 | 58.31 | 0.831 times |
| 27 Fri Sep 2024 | 60.59 | 55.10 | 62.34 | 54.64 | 0.6 times |
| 20 Fri Sep 2024 | 54.97 | 58.37 | 59.06 | 54.76 | 2.393 times |
Price has moved down 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 |
| 15 Tue Oct 2024 | 57.27 | 60.57 | 62.30 | 57.25 | 0.369 times |
| 30 Mon Sep 2024 | 60.74 | 62.65 | 62.65 | 54.64 | 0.665 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 |
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY signal for Silicon Motion in short term but the buy signal is initial and weak.
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 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 59.98 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY signal for Silicon Motion in short term but the buy signal is initial and weak.
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 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 59.98 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.