SIMO Stock Silicon Motion Technology (SIMO, $84.33) RSI Indicator left the overbought zone on June 10, 2024

A.I.dvisor
at Tickeron.com
06/11/24
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SIMO - Silicon Motion Technology Corp
RSI signal
Bearish Trend
Odds of DOWN Trend
RSI signal
Price: $84.33
Daily change: +$1.79 (+2.17%)
Daily volume: 254.2K
Industry: Semiconductors
This is a signal that SIMO's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 46 similar cases where SIMO's RSI Indicator left the overbought zone, and in of them led to a successful outcome. Odds of Success:
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General Information

a developer of semiconductor solutions for multimedia consumer electronics market

Industry Semiconductors

Profile
Fundamentals
Details
Industry
Semiconductors
Address
Nos 19-25 Jervois Street
Phone
+852 23074768
Employees
1643
Web
https://www.siliconmotion.com