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Silicon Motion Technology Corporation

SIMO Technical Analysis Summary (NASDAQ)

Analyze SIMO on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

SIMONASDAQ
TechnologySemiconductors
$284.48
$19.23(7.25%)
U.S. Market opens in 6h 54m

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The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SIMO Technical Analysis Summary (NASDAQ)

Silicon Motion Technology Corporation (NASDAQ: SIMO) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 58.29)
Trend Strength:Weak (ADX: 11.34)
Volatility:High (ATR: 18.89)
Support/Resistance:$227.81 – $283.31 (Bollinger Bands)

Technical conditions suggest Silicon Motion Technology Corporation on the NASDAQ is awaiting a decisive move. This mix signals that Silicon Motion Technology Corporation is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 58.29

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 85.77

Bearish
Overbought levels may trigger pullback.

Williams %R: -10.44

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 10.11

Strongly Bullish
Strong upside momentum.

Takeaway:Silicon Motion Technology Corporation shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 2.73

Bullish
Bullish, trend momentum is strengthening.

ADX: 11.34

Weak
Weak trend, market trading sideways.

ATR (14): 18.89

Rising
Rising volatility, market activity increasing.

CCI (14): 154.46

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Silicon Motion Technology Corporation shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$283.31
Middle Band (SMA 20)
$255.56
Lower Band
$227.81
Current Position
Above Upper Band

Takeaway:Silicon Motion Technology Corporation trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$296.06
Middle Line (EMA 20)
$258.28
Lower Channel
$220.51
Squeeze Status
Squeeze On

Takeaway:Silicon Motion Technology Corporation trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-261.38K
Money Flow Index54.09Neutral, balanced money flows with no clear signal.
Relative Vigor Index61.03Bullish, price momentum strongly favors buyers.

Overall Takeaway:SIMO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Silicon Motion Technology Corporation (NASDAQ: SIMO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Technical indicators for Silicon Motion Technology Corporation are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: SIMO) Technical Analysis FAQ