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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.

NASDAQ_SIMO
Open High Low SIMO Price Change
66.39 68.33 66.39 68.25 +2.03
Entry Signal

MarketClub’s Trade Triangles for SIMO

long term down The long-term trend has been DOWN since Mar 15th, 2023 at 60.931

intermediate term up The intermediate-term trend has been UP since May 30th, 2023 at 62.920

short term up 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).

+70
Smart Scan Analysis for SIMO
Strong Downtrend Sideways 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 High61.85Year High Date2018-08-15
Year Low31.73Year Low Date2018-11-20
52wk High93.8852wk High Date2022-06-09
52wk Low51.5352wk Low Date2023-05-23
Year End Close14.22Average Volume581,625
Shares Outstanding30,653Short Interest1,074,579
% Institutional9.4Market Cap1,266M
Assets961,482,000MLiabilities267,125,000M
P/E Ratio41.0031Beta2.12
Volatility61.88
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