(UMC) United Microelectronics complete technical analysis [charts+indicators] | Buy/Sell United Microelectronics | (UMC) share price targets
Complete technical analysis of United Microelectronics (UMC) by charts plus indicators, forecast predictions and share price targets for United Microelectronics (UMC)
United Microelectronics trades in USA in Technology sector.
Showing technical analysis as on 2024-01-31 View latest technical analysis
10 day averaged volume of United Microelectronics is 9805200
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Wed Jan 2024 | 7.71 | 7.84 | 8.04 | 7.57 | 0.826 times |
| 30 Tue Jan 2024 | 7.83 | 7.91 | 7.94 | 7.81 | 0.673 times |
| 29 Mon Jan 2024 | 7.89 | 7.85 | 7.90 | 7.79 | 0.663 times |
| 26 Fri Jan 2024 | 7.84 | 8.05 | 8.05 | 7.80 | 1.159 times |
| 25 Thu Jan 2024 | 8.27 | 8.41 | 8.43 | 8.21 | 1.521 times |
| 24 Wed Jan 2024 | 8.21 | 8.18 | 8.35 | 8.16 | 1.359 times |
| 23 Tue Jan 2024 | 8.12 | 8.05 | 8.14 | 8.04 | 0.686 times |
| 22 Mon Jan 2024 | 8.10 | 8.06 | 8.16 | 8.03 | 0.831 times |
| 19 Fri Jan 2024 | 7.96 | 7.78 | 7.99 | 7.73 | 1.248 times |
| 18 Thu Jan 2024 | 7.79 | 7.80 | 7.85 | 7.67 | 0.835 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7.8, but if it comes above 7.8, then a intra day buy could be more profitable.
If you take a sell trade below 7.8, then use 7.8 as stoploss and 7.6 as target. However if you take a buy trade in stock , then use 7.8 as stoploss and 7.98 as target.
Share price targets for United Microelectronics (UMC)
| Target Type | Value |
| Downside Target | 6.81 |
| Downside Target | 7.14 |
| Downside Target | 7.44 |
| Upside Target | 7.99 |
| Upside Target | 8.04 |
| Upside Target | 8.08 |
| Upside Target | 8.24 |
| Upside Target | 8.43 |
| Upside Target | 8.68 |
Intraday share price targets for United Microelectronics (UMC)
| Target Type | Value |
| Downside Intraday Target | 7.51 |
| Downside Intraday Target | 7.3 |
| Upside Intraday Target | 7.98 |
| Upside Intraday Target | 8.24 |
| Upside Intraday Target | 7.77 |
Weekly technical analysis of United Microelectronics (UMC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Wed Jan 2024 | 7.71 | 7.85 | 8.04 | 7.57 | 0.389 times |
| 26 Fri Jan 2024 | 7.84 | 8.06 | 8.43 | 7.80 | 1.425 times |
| 19 Fri Jan 2024 | 7.96 | 7.87 | 7.99 | 7.46 | 12.313 times |
| 12 Fri Jan 2024 | 7.95 | 7.98 | 8.08 | 7.95 | 0.109 times |
| 12 Fri Jan 2024 | 7.95 | 8.12 | 8.24 | 7.88 | 0.966 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of United Microelectronics (UMC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Wed Jan 2024 | 7.71 | 8.32 | 8.43 | 7.46 | 1.414 times |
| 29 Fri Dec 2023 | 8.46 | 7.82 | 8.68 | 7.67 | 0.974 times |
| 30 Thu Nov 2023 | 7.79 | 7.16 | 7.99 | 7.14 | 0.872 times |
| 31 Tue Oct 2023 | 7.12 | 7.06 | 7.69 | 6.81 | 1.19 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of United Microelectronics (UMC)
Price action analysis of United Microelectronics ( (UMC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of United Microelectronics ( (UMC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of United Microelectronics ( (UMC) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of United Microelectronics ( (UMC) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for United Microelectronics stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for United Microelectronics in short term and the sell signal is strong.
United Microelectronics Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for United Microelectronics in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of United Microelectronics is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 8 and United Microelectronics (UMC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the United Microelectronics (UMC) stock. Volume based technical analysis of United Microelectronics (UMC) stock is negative.
United Microelectronics Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of United Microelectronics ( (UMC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of United Microelectronics ( (UMC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of United Microelectronics ( (UMC) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of United Microelectronics ( (UMC) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for United Microelectronics stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for United Microelectronics in short term and the sell signal is strong.
United Microelectronics Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for United Microelectronics in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of United Microelectronics is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 8 and United Microelectronics (UMC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the United Microelectronics (UMC) stock. Volume based technical analysis of United Microelectronics (UMC) stock is negative.
United Microelectronics Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.