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Stock Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

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

Weak Downtrend (-65) - SIMO is showing signs of a strengthening downtrend. Monitor SIMO as it may be building momentum to the downside.

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
72.040 74.075 71.680 72.800 -0.930
Entry Signal

MarketClub’s Trade Triangles for SIMO

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

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

short term down The short-term trend has been DOWN since Apr 25th, 2024 at 71.6900

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
72.040 74.075 71.680 72.800 -0.930
Prev. Close Volume Bid Ask Time
72.930 372226 2024-04-25 16:00:00
Year High61.85Year High Date2018-08-15
Year Low31.73Year Low Date2018-11-20
52wk High95.3352wk High Date2023-07-26
52wk Low49.552wk Low Date2023-09-28
Year End Close14.22Average Volume325,122
Shares Outstanding30,653Short Interest1,074,579
% Institutional9.4Market Cap1,266M
Assets961,482,000MLiabilities267,125,000M
P/E Ratio43.9629Beta2.12
Volatility61.88
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