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Can Silicon Motion (SIMO) Continue to Rise? - Tale of the Tape

Silicon Motion Technology Corp. ( SIMO ) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because SIMO is now in overbought territory with an RSI value of 74.2. Furthermore, Silicon Motion currently has a Zacks Rank #4 (Sell), suggesting that investors may want to consider exiting this stock now before it falls back to Earth.

SILICON MOTION (SIMO): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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