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(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.

10 day averaged volume of Silicon Motion is 421757

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 77.39 77.82 77.96 76.78 0.413 times
16 Thu May 2024 77.31 76.14 78.07 76.04 0.919 times
15 Wed May 2024 76.00 75.29 76.63 74.36 0.982 times
14 Tue May 2024 74.89 74.60 75.80 74.44 0.609 times
13 Mon May 2024 75.13 76.35 76.61 74.98 0.865 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 77.4 as stoploss in an intra day sell trade for a target of 75.17. However, stock will show a bullish move above 77.4.

Share price targets for Silicon Motion (SIMO)

Target Type Value
Downside Target 58.91
Downside Target 62.99
Downside Target 65.98
Downside Target 70.50
Downside Target 74.36
Downside Target 75.79
Upside Target 78.07
Upside Target 80.60
Upside Target 80.77
Upside Target 81.60
Upside Target 83.96

Intraday share price targets for Silicon Motion (SIMO)

Target Type Value
Downside Intraday Target 75.14
Downside Intraday Target 72.9
Upside Intraday Target 78.85
Upside Intraday Target 80.32
Downside Intraday Target 76.61

Weekly technical analysis of Silicon Motion (SIMO)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 77.39 76.35 78.07 74.36 0.61 times
10 Fri May 2024 76.21 78.05 80.77 75.49 1.047 times
03 Fri May 2024 73.96 73.41 81.60 71.56 2.558 times
26 Fri Apr 2024 73.35 72.20 74.73 71.68 0.559 times
19 Fri Apr 2024 71.84 75.79 75.79 71.44 0.761 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
17 Fri May 2024 77.39 73.81 81.60 71.56 0.86 times
30 Tue Apr 2024 73.81 77.02 83.96 71.44 1.055 times
28 Thu Mar 2024 76.94 71.00 80.60 70.50 0.736 times
29 Thu Feb 2024 70.79 63.41 70.87 62.99 0.722 times

Price has moved up 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)

Indicator Name Indicator Value Indicator Signal
ADX 26, 17, 20 Buy
MACD 1, 1Buy
Stochastics 47None
CCI 11Buy
RSI 52Buy
OBV 1908467Sell
VWAP 77Buy
ADL 0Sell
ROC 5Buy
Force Index 0Sell

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Silicon Motion stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Silicon Motion in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Silicon Motion in short term and BUY 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

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 77.32 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.

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