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SIMO rises 8.65% on August 6, leaving the technical picture intact

SwingTradeBot Nightly Stock Scan: Silicon Motion Technology Corporation (SIMO) — Technical Patterns & Alerts · Aug 6, 2026, 20:12 ET
SIMO finished higher by 8.65% on Thursday, August 6th, trading 1.2 times its typical volume. Key support levels exist at 247.04, 226.65 & 214.78, with resistance at 279.29, 291.16 & 311.55.

Current SwingTradeBot Technical Rating of SIMO: B

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Silicon Motion Technology Corporation (SIMO)