(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 2024-08-22 View latest technical analysis
10 day averaged volume of Silicon Motion is 308734
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 64.80 | 65.73 | 65.87 | 64.50 | 0.893 times |
| 21 Wed Aug 2024 | 65.50 | 65.02 | 65.75 | 64.27 | 0.765 times |
| 20 Tue Aug 2024 | 64.75 | 65.17 | 65.92 | 64.19 | 0.527 times |
| 19 Mon Aug 2024 | 64.64 | 64.26 | 64.94 | 63.95 | 0.21 times |
| 16 Fri Aug 2024 | 63.87 | 63.71 | 64.29 | 62.29 | 1.942 times |
| 15 Thu Aug 2024 | 66.68 | 64.26 | 67.15 | 64.16 | 1.393 times |
| 14 Wed Aug 2024 | 63.12 | 64.33 | 64.52 | 62.65 | 0.874 times |
| 13 Tue Aug 2024 | 63.71 | 62.00 | 63.78 | 61.86 | 1.227 times |
| 12 Mon Aug 2024 | 60.86 | 59.92 | 61.45 | 59.91 | 0.979 times |
| 09 Fri Aug 2024 | 59.92 | 60.61 | 61.12 | 59.40 | 0.684 times |
My analysis of stock is bullish for shortterm, and stock might move up till 67.3 or till 71.6. Use a stoploss of 63.77 and if this stock hits its stoploss, then it can fall down till 60.23
Share price targets for Silicon Motion (SIMO)
| Target Type | Value |
| Downside Target | 56.73 |
| Downside Target | 59.91 |
| Downside Target | 61.12 |
| Downside Target | 63.95 |
| Upside Target | 65.92 |
| Upside Target | 71.44 |
| Upside Target | 72.00 |
| Upside Target | 76.38 |
| Upside Target | 77.01 |
| Upside Target | 81.97 |
| 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 | 63.86 |
| Downside Intraday Target | 62.92 |
| Upside Intraday Target | 65.83 |
| Upside Intraday Target | 66.86 |
| Upside Intraday Target | 64.89 |
Weekly technical analysis of Silicon Motion (SIMO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 64.80 | 64.26 | 65.92 | 63.95 | 0.373 times |
| 16 Fri Aug 2024 | 63.87 | 59.92 | 67.15 | 59.91 | 0.857 times |
| 09 Fri Aug 2024 | 59.92 | 59.09 | 61.12 | 56.80 | 0.807 times |
| 02 Fri Aug 2024 | 62.50 | 70.07 | 72.00 | 56.73 | 1.514 times |
| 26 Fri Jul 2024 | 70.08 | 75.45 | 76.38 | 68.33 | 0.832 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 |
| 22 Thu Aug 2024 | 64.80 | 68.76 | 69.67 | 56.73 | 0.824 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 |
| 31 Fri May 2024 | 78.09 | 73.81 | 81.97 | 71.56 | 1.186 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 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 short to mid 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 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 BUY. Signal strength is Weak and stock is gaining 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Silicon Motion in short term but SELL 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 63.88 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 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 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 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 short to mid 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 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 BUY. Signal strength is Weak and stock is gaining 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Silicon Motion in short term but SELL 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 63.88 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.