(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 2024-10-30 View latest technical analysis
10 day averaged volume of Silicon Motion is 215220
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Wed Oct 2024 | 56.01 | 56.82 | 57.25 | 55.98 | 1.075 times |
| 29 Tue Oct 2024 | 57.83 | 56.42 | 58.00 | 56.30 | 1.12 times |
| 28 Mon Oct 2024 | 56.70 | 55.90 | 57.65 | 55.66 | 1.083 times |
| 25 Fri Oct 2024 | 56.06 | 56.94 | 57.41 | 56.00 | 0.87 times |
| 24 Thu Oct 2024 | 56.24 | 56.14 | 56.44 | 55.79 | 0.408 times |
| 23 Wed Oct 2024 | 55.76 | 56.59 | 57.13 | 55.56 | 0.625 times |
| 22 Tue Oct 2024 | 57.00 | 57.06 | 57.22 | 56.37 | 0.634 times |
| 21 Mon Oct 2024 | 57.15 | 55.90 | 57.38 | 55.71 | 0.974 times |
| 18 Fri Oct 2024 | 55.94 | 56.68 | 57.02 | 55.56 | 1.017 times |
| 17 Thu Oct 2024 | 56.21 | 57.00 | 57.67 | 56.00 | 1.454 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 56.1, but if it comes above 56.1, then a intra day buy could be more profitable.
If you take a sell trade below 56.1, then use 56.1 as stoploss and 53.8 as target. However if you take a buy trade in stock , then use 56.1 as stoploss and 58.01 as target.
Share price targets for Silicon Motion (SIMO)
| Target Type | Value |
| Downside Target | 54.64 |
| Upside Target | 60.63 |
| Upside Target | 62.30 |
| 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 | 55.11 |
| Downside Intraday Target | 54.22 |
| Upside Intraday Target | 57.45 |
| Upside Intraday Target | 58.9 |
| Upside Intraday Target | 56.56 |
Weekly technical analysis of Silicon Motion (SIMO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Wed Oct 2024 | 56.01 | 55.90 | 58.00 | 55.66 | 0.933 times |
| 25 Fri Oct 2024 | 56.06 | 55.90 | 57.41 | 55.56 | 0.63 times |
| 18 Fri Oct 2024 | 55.94 | 60.13 | 60.63 | 55.56 | 1.205 times |
| 11 Fri Oct 2024 | 59.93 | 61.14 | 62.30 | 59.00 | 0.934 times |
| 04 Fri Oct 2024 | 61.14 | 60.44 | 62.30 | 58.31 | 0.831 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 |
| 30 Wed Oct 2024 | 56.01 | 60.57 | 62.30 | 55.56 | 0.791 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
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 BUY signal in short term but buying is losing 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 56.52 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 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
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 BUY signal in short term but buying is losing 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 56.52 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.