Stock Trend Analysis Report

Prepared for you on Tuesday, May 7, 2024.

Silicon Motion Technology Corporation - American Depositary Shares, each representing four ordinary shares (NASDAQ:SIMO)

Weak Uptrend (+65) - SIMO is showing signs of weakening momentum to the upside. Monitor SIMO as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SIMO?

MarketClub looks at technical strength and momentum to determine if the timing is right for SIMO.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	SIMO Price	Change
78.98	80.47	78.43	79.30	+0.72
Entry Signal

MarketClub’s Trade Triangles for SIMO

The long-term trend has been UP since Dec 22nd, 2023 at 60.7332

The intermediate-term trend has been DOWN since Apr 15th, 2024 at 74.6000

The short-term trend has been UP since May 3rd, 2024 at 76.2100

Smart Scan Analysis for SIMO

Based on our trend formula, SIMO is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
78.98	80.47	78.43	79.30	+0.72
Prev. Close	Volume	Bid	Ask	Time
78.58	432892			2024-05-07 15:59:37

Year High	61.85	Year High Date	2018-08-15
Year Low	31.73	Year Low Date	2018-11-20
52wk High	95.33	52wk High Date	2023-07-26
52wk Low	49.5	52wk Low Date	2023-09-28
Year End Close	14.22	Average Volume	396,946
Shares Outstanding	30,653	Short Interest	1,074,579
% Institutional	9.4	Market Cap	1,266M
Assets	961,482,000M	Liabilities	267,125,000M
P/E Ratio	43.9629	Beta	2.12
Volatility	61.88

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