(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.
10 day averaged volume of Silicon Motion is 301980
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Thu Apr 2024 | 72.93 | 72.04 | 74.08 | 71.68 | 1.266 times |
| 24 Wed Apr 2024 | 73.73 | 73.01 | 74.73 | 72.97 | 0.523 times |
| 23 Tue Apr 2024 | 72.57 | 72.96 | 73.65 | 72.25 | 0.46 times |
| 22 Mon Apr 2024 | 72.47 | 72.20 | 73.26 | 71.69 | 0.466 times |
| 19 Fri Apr 2024 | 71.84 | 73.01 | 73.89 | 71.44 | 1.329 times |
| 18 Thu Apr 2024 | 73.30 | 73.87 | 74.08 | 72.53 | 0.861 times |
| 17 Wed Apr 2024 | 74.23 | 73.50 | 75.25 | 73.01 | 1.151 times |
| 16 Tue Apr 2024 | 73.36 | 73.45 | 74.04 | 72.96 | 1.152 times |
| 15 Mon Apr 2024 | 73.84 | 75.79 | 75.79 | 73.41 | 1.3 times |
| 12 Fri Apr 2024 | 75.28 | 77.40 | 77.40 | 74.60 | 1.194 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 73.1, but if it comes above 73.1, then a intra day buy could be more profitable.
If you take a sell trade below 73.1, then use 73.1 as stoploss and 68.9 as target. However if you take a buy trade in stock , then use 73.1 as stoploss and 76.59 as target.
Share price targets for Silicon Motion (SIMO)
| Target Type | Value |
| Downside Target | 57.00 |
| Downside Target | 58.91 |
| Downside Target | 62.31 |
| Downside Target | 65.98 |
| Downside Target | 70.50 |
| Upside Target | 74.60 |
| Upside Target | 75.79 |
| Upside Target | 77.02 |
| Upside Target | 77.77 |
| Upside Target | 80.60 |
| Upside Target | 81.84 |
| Upside Target | 83.96 |
Intraday share price targets for Silicon Motion (SIMO)
| Target Type | Value |
| Downside Intraday Target | 71.5 |
| Downside Intraday Target | 70.06 |
| Upside Intraday Target | 74.55 |
| Upside Intraday Target | 76.16 |
| Upside Intraday Target | 73.11 |
Weekly technical analysis of Silicon Motion (SIMO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Thu Apr 2024 | 72.93 | 72.20 | 74.73 | 71.68 | 0.469 times |
| 19 Fri Apr 2024 | 71.84 | 75.79 | 75.79 | 71.44 | 0.761 times |
| 12 Fri Apr 2024 | 75.28 | 80.51 | 83.96 | 74.60 | 1.379 times |
| 05 Fri Apr 2024 | 80.40 | 77.02 | 81.84 | 77.02 | 2.153 times |
| 28 Thu Mar 2024 | 76.94 | 77.10 | 77.77 | 74.66 | 0.282 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 |
| 25 Thu Apr 2024 | 72.93 | 77.02 | 83.96 | 71.44 | 0.955 times |
| 28 Thu Mar 2024 | 76.94 | 71.00 | 80.60 | 70.50 | 0.736 times |
| 29 Thu Feb 2024 | 70.79 | 63.41 | 70.87 | 62.99 | 0.707 times |
| 31 Wed Jan 2024 | 62.98 | 60.99 | 65.98 | 58.91 | 1.423 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 SELL. Signal strength is Weak 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 weakening, and bulls are picking up momentum!
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 73.43 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 SELL. Signal strength is Weak 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 weakening, and bulls are picking up momentum!
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 73.43 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.