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Stock Trend Analysis Report
Prepared for you on Wednesday, June 7, 2023.
Silicon Motion Technology Corporation - American Depositary Shares, each representing four ordinary shares (NASDAQ:SIMO)
Bull Market Weakness (+75) - SIMO is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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.
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MarketClub’s Trade Triangles for SIMO
The long-term trend has been DOWN since Mar 15th, 2023 at 60.931
The intermediate-term trend has been UP since May 30th, 2023 at 62.920
The short-term trend has been UP since May 24th, 2023 at 55.340
Smart Scan Analysis for SIMO
Based on our trend formula, SIMO is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 66.39 | 68.33 | 66.39 | 68.25 | +2.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 68.23 | 889949 | 2023-06-06 15:59:58 |
| Year High | 61.85 | Year High Date | 2018-08-15 |
| Year Low | 31.73 | Year Low Date | 2018-11-20 |
| 52wk High | 93.88 | 52wk High Date | 2022-06-09 |
| 52wk Low | 51.53 | 52wk Low Date | 2023-05-23 |
| Year End Close | 14.22 | Average Volume | 581,625 |
| 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 | 41.0031 | Beta | 2.12 |
| Volatility | 61.88 |