NASDAQ:SIMO - Nasdaq - US82706C1080 - ADR - Currency: USD
Taking everything into account, SIMO scores 7 out of 10 in our technical rating. Although SIMO is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although SIMO has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
55.53
We found 1 important support area.
When analyzing the resistance we notice one important area.
64.71
-0.39 (-0.6%)