SILICON MOTION TECHNOL-ADR (SIMO) Technical Analysis
NASDAQ:SIMO • US82706C1080
Current stock price
SIMO Technical Rating and Analysis
Taking everything into account, SIMO scores 5 out of 10 in our technical rating. In the last year, SIMO was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month SIMO has a been trading in the 104.99 - 130.00 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that SIMO is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, SIMO also shows a nice and consistent pattern of rising prices.
- SIMO is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry. SIMO outperforms 78% of them.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- SIMO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SIMO is lagging the market slightly.
SIMO Weekly and Daily overview Charts
SIMO Setup Rating and Analysis
SIMO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for SIMO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
SIMO Support and Resistance Analysis
88.31
When analyzing the support we can see 3 important areas.
- Support @110.06 from a horizontal line in the weekly time frame.
- A support zone ranging from 105.45 to 106.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @89.20 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 114.70 to 119.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @127.50 from a horizontal line in the daily time frame.
SIMO Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for SIMO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SIMO is down. |
| ChartMill Relative Strength | 95.46 | POSITIVE | SIMO has a high relative strength, it outperformed 95.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SIMO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SIMO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SIMO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.76 | NEUTRAL | The RSI value for SIMO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.82 | NEGATIVE | The MACD value suggests SIMO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.59 | NEUTRAL | The Stochastics value for SIMO is a neutral value. |
| Average True Range in percent/ATR (20) | 6.17 | HIGH VOLATILITY | The high ATR as a percentage value for SIMO suggests high volalility. |
| Average Directional Index/ADX (14) | 21.15 | NEUTRAL | The ADX value for SIMO suggests a possible start of a new trend. |
SIMO Chart- and CandleStick Pattern Analysis
SIMO Technicals: Chart, Performance Metrics, Trend & Indicators
113.9
-3.08 (-2.63%)
SILICON MOTION TECHNOL-ADR / SIMO TA FAQ
Can you provide the ChartMill technical rating for SILICON MOTION TECHNOL-ADR?
ChartMill assigns a technical rating of 5 / 10 to SIMO.
What is the trend direction for SIMO stock?
The current trend direction for SILICON MOTION TECHNOL-ADR (SIMO) is Bearish.
Can you provide the RSI signal for SILICON MOTION TECHNOL-ADR?
SILICON MOTION TECHNOL-ADR (SIMO) has an RSI value of 43.7614. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SILICON MOTION TECHNOL-ADR?
The MACD indicator for SILICON MOTION TECHNOL-ADR (SIMO) has a value of -0.82265, indicating a bearish trend.
Can you provide the short term momentum for SILICON MOTION TECHNOL-ADR?
The short term momentum for SILICON MOTION TECHNOL-ADR (SIMO) is negative.