(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 2024-10-08 View latest technical analysis
10 day averaged volume of Silicon Motion is 232780
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Tue Oct 2024 | 60.19 | 61.27 | 62.30 | 60.13 | 1.093 times |
| 07 Mon Oct 2024 | 60.20 | 61.14 | 61.58 | 59.80 | 0.717 times |
| 04 Fri Oct 2024 | 61.14 | 62.09 | 62.30 | 60.59 | 0.983 times |
| 03 Thu Oct 2024 | 60.99 | 59.72 | 61.03 | 59.72 | 0.693 times |
| 02 Wed Oct 2024 | 60.08 | 59.79 | 61.00 | 59.48 | 0.814 times |
| 01 Tue Oct 2024 | 59.57 | 60.57 | 60.70 | 58.31 | 1.004 times |
| 30 Mon Sep 2024 | 60.74 | 60.44 | 61.36 | 60.00 | 1.084 times |
| 27 Fri Sep 2024 | 60.59 | 61.47 | 61.60 | 59.89 | 1.194 times |
| 26 Thu Sep 2024 | 61.47 | 61.13 | 62.34 | 60.15 | 1.782 times |
| 25 Wed Sep 2024 | 57.09 | 56.50 | 57.38 | 56.22 | 0.808 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 60.7 as stoploss in an intra day sell trade for a target of 58.42. However, stock will show a bullish move above 60.7.
Share price targets for Silicon Motion (SIMO)
| Target Type | Value |
| Downside Target | 54.64 |
| Downside Target | 56.34 |
| Downside Target | 58.31 |
| Upside Target | 62.30 |
| Upside Target | 62.34 |
| Upside Target | 62.65 |
| Upside Target | 66.61 |
| Upside Target | 69.67 |
| Upside Target | 77.01 |
| Upside Target | 85.00 |
| Upside Target | 85.87 |
Intraday share price targets for Silicon Motion (SIMO)
| Target Type | Value |
| Downside Intraday Target | 59.23 |
| Downside Intraday Target | 58.26 |
| Upside Intraday Target | 61.73 |
| Upside Intraday Target | 63.26 |
| Upside Intraday Target | 60.76 |
Weekly technical analysis of Silicon Motion (SIMO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Tue Oct 2024 | 60.19 | 61.14 | 62.30 | 59.80 | 0.395 times |
| 04 Fri Oct 2024 | 61.14 | 60.44 | 62.30 | 58.31 | 0.831 times |
| 27 Fri Sep 2024 | 60.59 | 55.10 | 62.34 | 54.64 | 0.6 times |
| 20 Fri Sep 2024 | 54.97 | 58.37 | 59.06 | 54.76 | 2.393 times |
| 13 Fri Sep 2024 | 59.64 | 57.08 | 60.16 | 56.34 | 0.826 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 |
| 08 Tue Oct 2024 | 60.19 | 60.57 | 62.30 | 58.31 | 0.219 times |
| 30 Mon Sep 2024 | 60.74 | 62.65 | 62.65 | 54.64 | 0.665 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 |
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 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 neutral. A longer time frame might give a better analysis.
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 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 buy signal for Silicon Motion in short term and BUY 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 60.35 and Silicon Motion (SIMO) stock is trading below this level. This means that stock is falling with high volumes. 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 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 neutral. A longer time frame might give a better analysis.
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 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 buy signal for Silicon Motion in short term and BUY 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 60.35 and Silicon Motion (SIMO) stock is trading below this level. This means that stock is falling with high volumes. 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.