(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 2024-08-27 View latest technical analysis
10 day averaged volume of Silicon Motion is 320824
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 62.10 | 62.01 | 62.94 | 61.53 | 0.42 times |
| 26 Mon Aug 2024 | 62.36 | 64.07 | 64.07 | 62.11 | 0.37 times |
| 23 Fri Aug 2024 | 64.07 | 65.06 | 65.58 | 63.64 | 2.095 times |
| 22 Thu Aug 2024 | 64.80 | 65.73 | 65.87 | 64.50 | 0.859 times |
| 21 Wed Aug 2024 | 65.50 | 65.02 | 65.75 | 64.27 | 0.736 times |
| 20 Tue Aug 2024 | 64.75 | 65.17 | 65.92 | 64.19 | 0.507 times |
| 19 Mon Aug 2024 | 64.64 | 64.26 | 64.94 | 63.95 | 0.202 times |
| 16 Fri Aug 2024 | 63.87 | 63.71 | 64.29 | 62.29 | 1.869 times |
| 15 Thu Aug 2024 | 66.68 | 64.26 | 67.15 | 64.16 | 1.34 times |
| 14 Wed Aug 2024 | 63.12 | 64.33 | 64.52 | 62.65 | 0.841 times |
My analysis of stock is bearish for shortterm, and stock might move down till 60 or till 56.6. Use a stoploss of 62.92 and if the stock hits stoploss, then it can shoot up till 65.81
Share price targets for Silicon Motion (SIMO)
| Target Type | Value |
| Downside Target | 56.73 |
| Downside Target | 59.91 |
| Downside Target | 61.12 |
| Upside Target | 63.64 |
| Upside Target | 65.92 |
| Upside Target | 69.67 |
| Upside Target | 71.44 |
| Upside Target | 72.00 |
| 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 | 61.06 |
| Downside Intraday Target | 60.03 |
| Upside Intraday Target | 63.6 |
| Upside Intraday Target | 65.11 |
| Upside Intraday Target | 62.57 |
Weekly technical analysis of Silicon Motion (SIMO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 62.10 | 64.07 | 64.07 | 61.53 | 0.179 times |
| 23 Fri Aug 2024 | 64.07 | 64.26 | 65.92 | 63.64 | 0.713 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 |
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 |
| 27 Tue Aug 2024 | 62.10 | 68.76 | 69.67 | 56.73 | 0.941 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Silicon Motion ( (SIMO) ) based on a short to mid 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 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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 64.4 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Silicon Motion ( (SIMO) ) based on a short to mid 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 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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 64.4 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.