(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 2024-03-22 View latest technical analysis
10 day averaged volume of Silicon Motion is 367510
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Fri Mar 2024 | 77.71 | 78.15 | 78.74 | 76.82 | 0.744 times |
| 21 Thu Mar 2024 | 78.15 | 78.24 | 80.60 | 77.68 | 3.037 times |
| 20 Wed Mar 2024 | 76.14 | 74.90 | 76.25 | 74.10 | 1.49 times |
| 19 Tue Mar 2024 | 74.49 | 73.18 | 74.61 | 73.14 | 0.931 times |
| 18 Mon Mar 2024 | 73.85 | 72.88 | 74.03 | 72.28 | 1.255 times |
| 15 Fri Mar 2024 | 72.48 | 72.00 | 73.07 | 71.76 | 0.956 times |
| 14 Thu Mar 2024 | 71.81 | 71.90 | 72.02 | 71.07 | 0.426 times |
| 13 Wed Mar 2024 | 71.85 | 72.59 | 72.59 | 71.50 | 0.6 times |
| 12 Tue Mar 2024 | 72.41 | 72.12 | 72.48 | 71.20 | 0.399 times |
| 11 Mon Mar 2024 | 71.77 | 71.24 | 71.96 | 71.24 | 0.443 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 77.8, for a target of 75 or 72.63
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 | 72.28 |
| Downside Target | 72.80 |
| Downside Target | 73.03 |
| Downside Target | 73.07 |
| Upside Target | 80.60 |
Intraday share price targets for Silicon Motion (SIMO)
| Target Type | Value |
| Downside Intraday Target | 73.13 |
| Downside Intraday Target | 68.54 |
| Upside Intraday Target | 81.45 |
| Upside Intraday Target | 85.18 |
| Downside Intraday Target | 76.86 |
Weekly technical analysis of Silicon Motion (SIMO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Fri Mar 2024 | 77.71 | 72.88 | 80.60 | 72.28 | 2.64 times |
| 15 Fri Mar 2024 | 72.48 | 71.24 | 73.07 | 71.07 | 0.635 times |
| 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 |
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 |
| 22 Fri Mar 2024 | 77.71 | 71.00 | 80.60 | 70.50 | 0.653 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 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 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 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 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 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 and the buying is gaining 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 75.32 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 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 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 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 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 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 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 and the buying is gaining 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 75.32 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.