(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 268240
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Fri May 2024 | 73.96 | 78.82 | 81.60 | 72.79 | 4.474 times |
| 02 Thu May 2024 | 73.40 | 72.49 | 73.65 | 71.87 | 1.573 times |
| 01 Wed May 2024 | 71.70 | 73.81 | 74.03 | 71.56 | 1.346 times |
| 30 Tue Apr 2024 | 73.81 | 75.20 | 76.21 | 73.81 | 0.722 times |
| 29 Mon Apr 2024 | 75.11 | 73.41 | 75.60 | 72.84 | 1.215 times |
| 26 Fri Apr 2024 | 73.35 | 72.13 | 74.40 | 72.13 | 0.591 times |
| 25 Thu Apr 2024 | 72.93 | 72.04 | 74.08 | 71.68 | 1.426 times |
| 24 Wed Apr 2024 | 73.73 | 73.01 | 74.73 | 72.97 | 0.588 times |
| 23 Tue Apr 2024 | 72.57 | 72.96 | 73.65 | 72.25 | 0.518 times |
| 22 Mon Apr 2024 | 72.47 | 72.20 | 73.26 | 71.69 | 0.525 times |
Stock of Silicon Motion (SIMO) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, and stock might move down till 71.8 or till 68.3. Use a stoploss of 74.78 and if the stock hits stoploss, then it can shoot up till 77.73
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 |
| Upside Target | 74.60 |
| Upside Target | 77.02 |
| Upside Target | 80.60 |
| Upside Target | 81.60 |
| Upside Target | 81.84 |
| Upside Target | 83.96 |
Intraday share price targets for Silicon Motion (SIMO)
| Target Type | Value |
| Downside Intraday Target | 69.81 |
| Downside Intraday Target | 65.67 |
| Upside Intraday Target | 79.85 |
| Upside Intraday Target | 85.75 |
| Upside Intraday Target | 75.71 |
Weekly technical analysis of Silicon Motion (SIMO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 12 Fri Apr 2024 | 75.28 | 80.51 | 83.96 | 74.60 | 1.379 times |
| 05 Fri Apr 2024 | 80.40 | 77.02 | 81.84 | 77.02 | 2.153 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Silicon Motion (SIMO)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 03 Fri May 2024 | 73.96 | 73.81 | 81.60 | 71.56 | 0.275 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 | 0.707 times |
Scroll below to view daily charts
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)
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 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Silicon Motion in short term and the sell signal is strong.
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 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 moving up
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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 73.49 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.
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 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Silicon Motion in short term and the sell signal is strong.
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 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 moving up
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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 73.49 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.