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Stock Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
Silicon Motion Technology Corporation - American Depositary Shares, each representing four ordinary shares (NASDAQ:SIMO)
Sidelines Mode (-50) - SIMO is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SIMO can gain momentum.
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 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 DOWN since May 9th, 2024 at 77.0200
Smart Scan Analysis for SIMO
Based on our trend formula, SIMO is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 77.92 | 78.15 | 75.49 | 76.20 | -0.70 |
| Prev. Close | Volume | Bid | Ask | Time |
| 76.90 | 400937 | 2024-05-10 15:59:33 |
| 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 | 389,023 |
| 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 |