The volume for Silicon Motion Technology stock increased for one day, resulting in a record-breaking daily growth of 213% of the 65-Day Volume Moving Average

#Semiconductors, #Volume, #Bullish, #Stocks, #MidCap
SIMO - Silicon Motion Technology Corp
Record Volume
Bullish Trend
75%
Odds of UP Trend
Price: $76.54
Daily change: -$0.1 (-0.13%)
Daily volume: 1.4M
Capitalization: $2.6B
Industry: Semiconductors

This one-day volume growth resulted in a record-breaking increase of 213%, as compared to the 65-Day Volume Moving Average. SIMO's total volume now sits at 1.4M. The -0.10% price change was insignificant, leaving SIMO's price at $76.56. This volume move could indicate a change in trend, and may be a buy signal for investors. A.I.dvisor found 16 similar cases, 12 of which were successful. Based on this data, the odds of success are +75%.