(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 2024-07-08 View latest technical analysis
10 day averaged volume of Silicon Motion is 202890
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 83.76 | 83.60 | 85.00 | 83.22 | 3.015 times |
| 05 Fri Jul 2024 | 82.68 | 82.03 | 83.00 | 81.40 | 0.548 times |
| 03 Wed Jul 2024 | 81.54 | 81.01 | 82.22 | 80.77 | 0.362 times |
| 03 Wed Jul 2024 | 81.54 | 81.01 | 82.22 | 80.77 | 0.362 times |
| 02 Tue Jul 2024 | 81.01 | 79.35 | 81.42 | 79.35 | 0.807 times |
| 01 Mon Jul 2024 | 79.87 | 81.00 | 81.01 | 78.88 | 1.08 times |
| 28 Fri Jun 2024 | 80.99 | 80.35 | 81.61 | 80.02 | 1.015 times |
| 27 Thu Jun 2024 | 80.31 | 80.09 | 80.49 | 79.17 | 0.632 times |
| 26 Wed Jun 2024 | 80.09 | 79.88 | 80.82 | 78.69 | 1.945 times |
| 25 Tue Jun 2024 | 80.53 | 78.58 | 80.55 | 78.58 | 0.935 times |
Stock of Silicon Motion (SIMO) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 83.6, but if it comes below 83.6, then a intra day sell could be more profitable.
If you take a sell trade below 83.6, then use 83.6 as stoploss and 81.99 as target. However if you take a buy trade in stock , then use 83.6 as stoploss and 85.5 as target.
Share price targets for Silicon Motion (SIMO)
| Target Type | Value |
| Downside Target | 70.50 |
| Downside Target | 77.01 |
| Downside Target | 78.58 |
| Downside Target | 80.60 |
| Downside Target | 82.22 |
| Downside Target | 83.00 |
| Downside Target | 83.22 |
| 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 | 82.99 |
| Downside Intraday Target | 82.21 |
| Upside Intraday Target | 84.77 |
| Upside Intraday Target | 85.77 |
| Upside Intraday Target | 83.99 |
Weekly technical analysis of Silicon Motion (SIMO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 83.76 | 83.60 | 85.00 | 83.22 | 3.314 times |
| 05 Fri Jul 2024 | 82.68 | 81.01 | 83.00 | 80.77 | 0.405 times |
| 03 Wed Jul 2024 | 81.54 | 81.00 | 82.22 | 78.88 | 0.329 times |
| 28 Fri Jun 2024 | 80.99 | 81.50 | 82.03 | 78.58 | 1.041 times |
| 21 Fri Jun 2024 | 82.49 | 83.66 | 85.87 | 80.80 | 1.317 times |
Price has moved up 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 |
| 08 Mon Jul 2024 | 83.76 | 81.00 | 85.00 | 78.88 | 0.157 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 |
| 30 Tue Apr 2024 | 73.81 | 77.02 | 83.96 | 71.44 | 1.055 times |
Scroll below to view daily charts
Price has moved up 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Silicon Motion in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Silicon Motion in short term and BUY 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 81.54 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 rising upwards.
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 is giving positive 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Silicon Motion in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Silicon Motion in short term and BUY 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 81.54 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 rising upwards.
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 is giving positive 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.