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Stock Trend Analysis Report

Prepared for you on Monday, August 8, 2022.

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

Crossroads (-60) - SIMO is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

NASDAQ_SIMO
Open High Low SIMO Price Change
80.34 82.37 79.70 82.26 +1.83
Entry Signal

MarketClub’s Trade Triangles for SIMO

long term up The long-term trend has been UP since May 5th, 2022 at 88.42

intermediate term down The intermediate-term trend has been DOWN since Aug 4th, 2022 at 80.28

short term down The short-term trend has been DOWN since Aug 1st, 2022 at 84.75

Smart Scan Analysis for SIMO

Based on our trend formula, SIMO is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SIMO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
80.34 82.37 79.70 82.26 +1.83
Prev. Close Volume Bid Ask Time
80.43 312502 2022-08-08 14:52:17
Year High61.85Year High Date2018-08-15
Year Low31.73Year Low Date2018-11-20
52wk High98.6552wk High Date2022-05-05
52wk Low64.4152wk Low Date2022-03-14
Year End Close14.22Average Volume421,585
Shares Outstanding30,653Short Interest1,074,579
% Institutional9.4Market Cap1,266M
Assets897,482,000MLiabilities278,756,000M
P/E Ratio50.8086Beta2.12
Volatility61.88
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