(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 2024-03-08 View latest technical analysis
10 day averaged volume of Silicon Motion is 363800
Date | Daily Closing Price | Open | High | Low | Volume |
08 Fri Mar 2024 | 71.74 | 72.42 | 73.03 | 71.74 | 0.467 times |
07 Thu Mar 2024 | 72.75 | 71.84 | 72.98 | 71.68 | 0.561 times |
06 Wed Mar 2024 | 72.12 | 71.30 | 72.32 | 71.30 | 0.887 times |
05 Tue Mar 2024 | 70.86 | 71.07 | 72.30 | 70.50 | 1.566 times |
04 Mon Mar 2024 | 72.29 | 72.90 | 72.90 | 71.99 | 1.015 times |
01 Fri Mar 2024 | 72.20 | 71.00 | 72.80 | 70.83 | 1.783 times |
29 Thu Feb 2024 | 70.79 | 70.42 | 70.87 | 69.77 | 0.981 times |
28 Wed Feb 2024 | 70.02 | 69.00 | 70.65 | 68.76 | 1.104 times |
27 Tue Feb 2024 | 69.39 | 70.00 | 70.15 | 69.23 | 0.935 times |
26 Mon Feb 2024 | 69.82 | 68.91 | 69.85 | 68.69 | 0.86 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 71.5, but if it comes below 71.5, then a intra day sell could be more profitable.
If you take a sell trade below 71.5, then use 71.5 as stoploss and 69.84 as target. However if you take a buy trade in stock , then use 71.5 as stoploss and 73.5 as target.
Share price targets for Silicon Motion (SIMO)
Target Type | Value |
Downside Target | 52.92 |
Downside Target | 57.00 |
Downside Target | 58.91 |
Downside Target | 60.73 |
Downside Target | 62.31 |
Downside Target | 65.98 |
Downside Target | 68.69 |
Downside Target | 70.50 |
Downside Target | 70.87 |
Upside Target | 72.80 |
Upside Target | 73.03 |
Intraday share price targets for Silicon Motion (SIMO)
Target Type | Value |
Downside Intraday Target | 70.48 |
Downside Intraday Target | 69.23 |
Upside Intraday Target | 73.01 |
Upside Intraday Target | 74.29 |
Upside Intraday Target | 71.76 |
Weekly technical analysis of Silicon Motion (SIMO)
Date | Weekly Closing Price | Open | High | Low | Volume |
08 Fri Mar 2024 | 71.74 | 72.90 | 73.03 | 70.50 | 0.794 times |
01 Fri Mar 2024 | 72.20 | 68.91 | 72.80 | 68.69 | 1.693 times |
23 Fri Feb 2024 | 69.09 | 68.50 | 69.50 | 66.08 | 0.544 times |
16 Fri Feb 2024 | 68.46 | 68.55 | 69.48 | 67.32 | 0.579 times |
09 Fri Feb 2024 | 68.46 | 63.95 | 69.04 | 63.25 | 1.144 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 Fri Mar 2024 | 71.74 | 71.00 | 73.03 | 70.50 | 0.246 times |
29 Thu Feb 2024 | 70.79 | 63.41 | 70.87 | 62.99 | 0.707 times |
31 Wed Jan 2024 | 62.98 | 60.99 | 65.98 | 58.91 | 1.423 times |
29 Fri Dec 2023 | 61.27 | 58.68 | 62.31 | 57.00 | 1.148 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Silicon Motion in short term and the buy signal is strong.
Silicon Motion Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Silicon Motion in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 71.17 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 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Silicon Motion in short term and the buy signal is strong.
Silicon Motion Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Silicon Motion in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 71.17 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.