(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 2024-09-16 View latest technical analysis
10 day averaged volume of Silicon Motion is 215061
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 55.91 | 58.37 | 59.06 | 55.05 | 2.579 times |
| 13 Fri Sep 2024 | 59.64 | 58.59 | 60.16 | 58.35 | 1.131 times |
| 12 Thu Sep 2024 | 58.10 | 58.07 | 58.60 | 57.37 | 1.058 times |
| 11 Wed Sep 2024 | 58.33 | 57.27 | 58.35 | 56.34 | 0.817 times |
| 10 Tue Sep 2024 | 57.39 | 57.83 | 58.00 | 56.88 | 0.578 times |
| 09 Mon Sep 2024 | 57.95 | 57.08 | 58.66 | 57.03 | 0.567 times |
| 06 Fri Sep 2024 | 56.92 | 58.01 | 58.40 | 56.40 | 1.754 times |
| 05 Thu Sep 2024 | 58.50 | 58.38 | 59.10 | 58.09 | 0.921 times |
| 04 Wed Sep 2024 | 58.92 | 59.23 | 60.13 | 58.81 | 0.685 times |
| 03 Tue Sep 2024 | 59.35 | 62.65 | 62.65 | 58.76 | 1.668 times |
Stock of Silicon Motion (SIMO) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 57.9, but if it comes above 57.9, then a intra day buy could be more profitable.
If you take a sell trade below 57.9, then use 57.9 as stoploss and 54.3 as target. However if you take a buy trade in stock , then use 57.9 as stoploss and 60.84 as target.
Share price targets for Silicon Motion (SIMO)
| Target Type | Value |
| Downside Target | 55.05 |
| Upside Target | 56.34 |
| Upside Target | 59.06 |
| Upside Target | 62.65 |
| Upside Target | 64.87 |
| Upside Target | 66.61 |
| Upside Target | 69.67 |
| Upside Target | 71.56 |
| Upside Target | 77.01 |
| Upside Target | 81.97 |
| Upside Target | 85.00 |
| Upside Target | 85.87 |
Intraday share price targets for Silicon Motion (SIMO)
| Target Type | Value |
| Downside Intraday Target | 54.29 |
| Downside Intraday Target | 52.66 |
| Upside Intraday Target | 58.3 |
| Upside Intraday Target | 60.68 |
| Upside Intraday Target | 56.67 |
Weekly technical analysis of Silicon Motion (SIMO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 55.91 | 58.37 | 59.06 | 55.05 | 0.621 times |
| 13 Fri Sep 2024 | 59.64 | 57.08 | 60.16 | 56.34 | 0.826 times |
| 06 Fri Sep 2024 | 56.92 | 62.65 | 62.65 | 56.40 | 6.137 times |
| 30 Fri Aug 2024 | 63.57 | 63.78 | 63.98 | 62.80 | 0.163 times |
| 30 Fri Aug 2024 | 63.57 | 64.07 | 64.87 | 60.46 | 0.766 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 |
| 16 Mon Sep 2024 | 55.91 | 62.65 | 62.65 | 55.05 | 0.298 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 |
| 28 Fri Jun 2024 | 80.99 | 79.01 | 85.87 | 77.01 | 0.935 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 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 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 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 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 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 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
Stock of Silicon Motion is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 57.82 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 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 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 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 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 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 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
Stock of Silicon Motion is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 57.82 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.