(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 2024-02-13 View latest technical analysis
10 day averaged volume of United Microelectronics is 7118270
Date | Daily Closing Price | Open | High | Low | Volume |
13 Tue Feb 2024 | 7.79 | 7.91 | 7.93 | 7.73 | 1.035 times |
12 Mon Feb 2024 | 8.06 | 8.11 | 8.20 | 8.04 | 0.738 times |
09 Fri Feb 2024 | 8.11 | 8.09 | 8.13 | 8.01 | 0.787 times |
08 Thu Feb 2024 | 8.05 | 7.89 | 8.11 | 7.83 | 1.073 times |
07 Wed Feb 2024 | 7.90 | 7.72 | 7.90 | 7.67 | 1.147 times |
06 Tue Feb 2024 | 7.67 | 7.78 | 7.79 | 7.61 | 0.832 times |
05 Mon Feb 2024 | 7.67 | 7.62 | 7.69 | 7.58 | 0.769 times |
02 Fri Feb 2024 | 7.62 | 7.67 | 7.69 | 7.55 | 1.387 times |
01 Thu Feb 2024 | 7.69 | 7.76 | 7.78 | 7.65 | 1.202 times |
31 Wed Jan 2024 | 7.71 | 7.84 | 8.04 | 7.57 | 1.137 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 7.7 as stoploss in an intra day buy trade for a target of 7.9. However, stock will show a bearish move below 7.7.
Share price targets for United Microelectronics (UMC)
Target Type | Value |
Downside Target | 6.81 |
Downside Target | 7.14 |
Downside Target | 7.46 |
Upside Target | 7.99 |
Upside Target | 8.04 |
Upside Target | 8.13 |
Upside Target | 8.20 |
Upside Target | 8.43 |
Upside Target | 8.68 |
Intraday share price targets for United Microelectronics (UMC)
Target Type | Value |
Downside Intraday Target | 7.61 |
Downside Intraday Target | 7.44 |
Upside Intraday Target | 8.08 |
Upside Intraday Target | 8.38 |
Upside Intraday Target | 7.91 |
Weekly technical analysis of United Microelectronics (UMC)
Date | Weekly Closing Price | Open | High | Low | Volume |
13 Tue Feb 2024 | 7.79 | 8.11 | 8.20 | 7.73 | 0.385 times |
09 Fri Feb 2024 | 8.11 | 7.62 | 8.13 | 7.58 | 0.828 times |
02 Fri Feb 2024 | 7.62 | 7.85 | 8.04 | 7.55 | 0.727 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 |
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 |
13 Tue Feb 2024 | 7.79 | 7.76 | 8.20 | 7.55 | 0.365 times |
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 |
Scroll below to view daily charts
Price has moved up 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of United Microelectronics ( (UMC) ) based on a short 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 short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Weak and stock is losing momentum.
MACD generated a BUY signal for United Microelectronics in short term but the buy signal is initial and weak.
United Microelectronics Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 and selling is picking up 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 7.81 and United Microelectronics (UMC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of United Microelectronics ( (UMC) ) based on a short 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 short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Weak and stock is losing momentum.
MACD generated a BUY signal for United Microelectronics in short term but the buy signal is initial and weak.
United Microelectronics Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 and selling is picking up 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 7.81 and United Microelectronics (UMC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.