Title
by Americanbulls.com LLC
Title
Last Update
04/27/2023
SIMO
Silicon Motion Technology ADR Reptg 4
Last Signal: STAY IN CASH
Last Pattern: BULLISH HOMING PIGEON
Last Close:
61.9100
Change:
-0.7600
Percent change
-1.21%
+ to Portfolio
+ to Watchlist
6 mo. Rating 1
$100 ▶ 99
12 mo. Rating 1
$100 ▶ 144
24 mo. Rating 1
$100 ▶ 238
Signal Update
Our system’s recommendation today is to STAY IN CASH. The previous SELL signal was issued on 04/17/2023, 10 days ago, when the stock price was 64.7200. Since then SIMO has fallen by -4.34%.
Market Outlook
The bears are in full control. The current price is quite distant from the confirmation level, so the probability of a bullish confirmation is very low. Besides, the signal is suggesting to STAY IN CASH. It is best to follow the signal and calmly wait on the sidelines. The Delayed Intraday Module is OFF.
Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern is a small black body contained by a prior relatively long black body. It resembles the Harami pattern, except that both bodies are black. more...
The <b>Delayed Intraday Module :  <color=green>ON</color></b> chart showing Series 1 series, Series 2 series, Series 3 series, Series 4 series, Series 5 series.
CONFIRMED TEMPORARILY
The last bullish pattern is temporarily confirmed, because all the conditions of a bullish confirmation are fulfilled. There is, however, a considerable retreat from the session highs. We are facing apparently an extended profit taking that is posing a significant threat for the confirmation. More attention on intraday prices is definitely required!
Signal History
Date 
Price 
Signal 
 
$100⇨ 
04/17/202364.7200SELL 99.44
04/10/202364.6850BUY 99.59
03/28/202364.3950SHORT 100.44
03/16/202362.3825BUY 97.69
02/24/202368.5300SELL 97.89
02/21/202369.6600BUY 99.70
02/06/202366.3100SELL 99.90
02/01/202364.6600BUY 97.61
01/30/202364.9200SELL 97.81
01/13/202365.3000BUY 98.58
01/04/202363.9600SELL 98.78
12/29/202263.9200BUY 98.92
12/23/202262.4800SHORT 101.66
11/23/202261.1300BUY 99.86
11/21/202260.8000SELL 100.06
11/11/202260.1200BUY 99.14
11/08/202258.4950SELL 99.34
11/02/202256.0200BUY 95.33
10/31/202253.8150SHORT 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
04/17/202364.7200SELL 144.33
04/10/202364.6850BUY 144.54
03/28/202364.3950SHORT 145.78
03/16/202362.3825BUY 141.79
02/24/202368.5300SELL 142.07
02/21/202369.6600BUY 144.70
02/06/202366.3100SELL 144.99
02/01/202364.6600BUY 141.67
01/30/202364.9200SELL 141.95
01/13/202365.3000BUY 143.07
01/04/202363.9600SELL 143.36
12/29/202263.9200BUY 143.56
12/23/202262.4800SHORT 147.54
11/23/202261.1300BUY 144.93
11/21/202260.8000SELL 145.22
11/11/202260.1200BUY 143.88
11/08/202258.4950SELL 144.17
11/02/202256.0200BUY 138.35
10/31/202253.8150SHORT 144.84
10/26/202254.1750BUY 146.39
10/17/202259.0500SHORT 135.77
10/13/202259.2350BUY 136.74
10/06/202267.5400SHORT 122.26
09/28/202267.8600BUY 123.33
08/16/202281.3200SHORT 106.24
08/08/202281.7750BUY 107.26
07/22/202286.5900SELL 107.47
07/08/202282.4500BUY 102.54
07/01/202281.9500SHORT 103.58
06/27/202282.9400BUY 105.25
06/09/202292.1400SELL 105.46
05/03/202279.9500BUY 91.69
04/29/202276.0300SELL 91.87
04/28/202282.4300BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
04/17/202364.7200SELL 238.38
04/10/202364.6850BUY 238.73
03/28/202364.3950SHORT 240.77
03/16/202362.3825BUY 234.18
02/24/202368.5300SELL 234.65
02/21/202369.6600BUY 239.00
02/06/202366.3100SELL 239.48
02/01/202364.6600BUY 233.99
01/30/202364.9200SELL 234.46
01/13/202365.3000BUY 236.30
01/04/202363.9600SELL 236.77
12/29/202263.9200BUY 237.10
12/23/202262.4800SHORT 243.67
11/23/202261.1300BUY 239.36
11/21/202260.8000SELL 239.84
11/11/202260.1200BUY 237.63
11/08/202258.4950SELL 238.11
11/02/202256.0200BUY 228.49
10/31/202253.8150SHORT 239.21
10/26/202254.1750BUY 241.78
10/17/202259.0500SHORT 224.24
10/13/202259.2350BUY 225.85
10/06/202267.5400SHORT 201.93
09/28/202267.8600BUY 203.70
08/16/202281.3200SHORT 175.47
08/08/202281.7750BUY 177.16
07/22/202286.5900SELL 177.52
07/08/202282.4500BUY 169.37
07/01/202281.9500SHORT 171.09
06/27/202282.9400BUY 173.85
06/09/202292.1400SELL 174.20
05/03/202279.9500BUY 151.46
04/29/202276.0300SELL 151.76
04/28/202282.4300BUY 164.86
04/20/202276.1600SELL 165.19
04/13/202275.7500BUY 164.63
04/11/202270.6200SELL 164.96
04/05/202268.9500BUY 161.38
03/23/202269.5700SHORT 160.60
03/16/202268.2600BUY 158.21
02/11/202279.5800SHORT 139.06
02/09/202283.1700BUY 145.92
01/27/202283.2200SHORT 146.42
01/24/202287.1200BUY 153.90
01/04/202294.4900SELL 154.21
12/17/202187.5900BUY 143.24
12/13/202187.9900SELL 143.53
12/02/202170.1000BUY 114.58
11/26/202169.8500SELL 114.81
11/19/202169.4850BUY 114.44
11/03/202171.0500SELL 114.67
10/27/202170.1000BUY 113.36
10/22/202168.5750SELL 113.59
10/14/202167.9300BUY 112.75
10/08/202167.9300SHORT 113.20
10/06/202169.0100BUY 115.46
09/21/202173.2000SHORT 109.65
09/16/202175.7500BUY 113.93
09/08/202174.8000SHORT 115.86
08/23/202171.7700BUY 111.61
08/10/202176.9150SELL 111.83
07/29/202162.3100BUY 90.78
07/14/202163.3600SHORT 89.66
07/09/202162.9000BUY 89.37
07/06/202161.8800SHORT 91.23
06/23/202163.5100BUY 94.01
06/16/202164.5400SELL 94.20
06/14/202165.4000BUY 95.65
06/02/202165.4600SELL 95.84
05/27/202164.6400BUY 94.83
05/18/202164.7300SHORT 95.08
05/14/202164.9900BUY 95.84
05/11/202165.3100SHORT 95.76
05/07/202168.0550BUY 100.19
05/04/202168.6000SHORT 99.80
† Trade commissions are taken as 0.20%.







Pattern & Confirmation Chart for the Last 6 Months
The chart showing Series 1 series, Series 2 series, Series 3 series, Series 4 series, Series 5 series, Series 6 series, Series 7 series, Series 8 series, Series 9 series.
SIMO - Pattern & Confirmation History since 10/28/2022
Date 
Pattern 
Buy Level 
Stop Loss 
Sell Level 
Confirmation 
Signal 
Level 
Date 
04/26/2023BULLISH HOMING PIGEON62.900062.3100    
04/24/2023BULLISH MEETING LINE63.430062.4900    
04/20/2023BULLISH ENGULFING64.300063.6000    
04/12/2023BEARISH ENGULFING 65.765064.860064.720004/17/2023SELL
04/11/2023BEARISH HARAMI CROSS 65.500064.3850   
04/05/2023BULLISH DOJI STAR64.365063.0600 64.685004/10/2023BUY
03/30/2023BULLISH STOP LOSS 65.8800    
03/27/2023BEARISH HARAMI 65.880064.570064.395003/28/2023SHORT
03/17/2023BEARISH MEETING LINE 65.670064.4100   
03/14/2023BULLISH HOMING PIGEON62.082561.0000 62.382503/16/2023BUY
02/22/2023BEARISH ENGULFING 69.760068.980068.530002/24/2023SELL
02/17/2023BULLISH STOP LOSS 68.6000 69.660002/21/2023BUY
02/03/2023BEARISH HARAMI 68.600066.740066.310002/06/2023SELL
01/31/2023BULLISH DOJI STAR64.340063.7100 64.660002/01/2023BUY
01/18/2023BEARISH ENGULFING 66.630065.260064.920001/30/2023SELL
01/17/2023BEARISH DARK CLOUD COVER * 65.255064.1600   
01/11/2023BULLISH STOP LOSS 65.2550 65.300001/13/2023BUY
01/03/2023BEARISH DARK CLOUD COVER 65.255064.160063.960001/04/2023SELL
12/27/2022BULLISH MORNING STAR63.600062.1000 63.920012/29/2022BUY
12/22/2022BEARISH ONE BLACK CROW 64.070063.100062.480012/23/2022SHORT
12/05/2022BEARISH HARAMI CROSS 64.320062.6700   
12/01/2022BEARISH HARAMI CROSS 63.640062.3250   
11/22/2022BULLISH HAMMER60.820059.4150 61.130011/23/2022BUY
11/14/2022BEARISH HARAMI 62.860060.955060.800011/21/2022SELL
11/10/2022BULLISH ONE WHITE SOLDIER59.420057.0000 60.120011/11/2022BUY
11/03/2022BEARISH DELIBERATION BLOCK 61.490058.795058.495011/08/2022SELL
11/01/2022BULLISH STOP LOSS 55.7300 56.020011/02/2022BUY


SIMO - Pattern Performance
Pattern 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
 
Profitable
Signal
 
Per Trade 
Profit 
Loss 
Total Net Descending
BULLISH PATTERNS
  111100%100%11%0%11%
  111100%100%7%0%7%
  116354%50%12%5%7%
  1710658%60%8%3%5%
  37191051%52%6%1%5%
  222100%100%4%0%4%
  149764%77%5%1%4%
  32266%100%5%2%3%
  179752%77%4%2%2%
  1814977%64%3%2%1%
  111100%100%1%0%1%
  127458%57%4%3%1%
  71014%0%0%0%0%
  1000%0%0%0%0%
  552100%40%1%2%-1%
  221100%50%2%3%-1%
  74357%75%1%3%-2%
BEARISH PATTERNS
  111100%100%14%0%14%
  116254%33%9%2%7%
  2112857%66%9%2%7%
  111100%100%5%0%5%
  53160%33%6%1%5%
  127358%42%6%2%4%
  74257%50%6%2%4%
  156240%33%6%2%4%
  149364%33%5%2%3%
  111100%100%3%0%3%
  85262%40%3%1%2%
  1411678%54%4%2%2%
  2620976%45%4%2%2%
  111100%100%1%0%1%
  110100%0%0%0%0%
  74257%50%1%1%0%
  21050%0%0%1%-1%
  21050%0%0%2%-2%

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