(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 2024-02-26 View latest technical analysis
10 day averaged volume of United Microelectronics is 6749200
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Mon Feb 2024 | 7.62 | 7.56 | 7.65 | 7.56 | 0.68 times |
| 23 Fri Feb 2024 | 7.56 | 7.65 | 7.68 | 7.53 | 0.967 times |
| 22 Thu Feb 2024 | 7.76 | 7.80 | 7.82 | 7.70 | 1.163 times |
| 21 Wed Feb 2024 | 7.72 | 7.67 | 7.72 | 7.62 | 1.211 times |
| 20 Tue Feb 2024 | 7.77 | 7.71 | 7.81 | 7.71 | 0.955 times |
| 16 Fri Feb 2024 | 7.70 | 7.73 | 7.77 | 7.66 | 0.738 times |
| 15 Thu Feb 2024 | 7.80 | 7.93 | 7.93 | 7.77 | 1.192 times |
| 14 Wed Feb 2024 | 7.93 | 7.90 | 7.95 | 7.81 | 1.075 times |
| 13 Tue Feb 2024 | 7.79 | 7.91 | 7.93 | 7.73 | 1.091 times |
| 12 Mon Feb 2024 | 8.06 | 8.11 | 8.20 | 8.04 | 0.778 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 7.6 as stoploss in an intra day buy trade for a target of 7.79. However, stock will show a bearish move below 7.6.
Share price targets for United Microelectronics (UMC)
| Target Type | Value |
| Downside Target | 6.81 |
| Downside Target | 7.14 |
| Downside Target | 7.46 |
| Upside Target | 7.82 |
| 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 | 7.57 |
| Downside Intraday Target | 7.52 |
| Upside Intraday Target | 7.66 |
| Upside Intraday Target | 7.7 |
| Downside Intraday Target | 7.61 |
Weekly technical analysis of United Microelectronics (UMC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Mon Feb 2024 | 7.62 | 7.56 | 7.65 | 7.56 | 0.158 times |
| 23 Fri Feb 2024 | 7.56 | 7.71 | 7.82 | 7.53 | 0.881 times |
| 16 Fri Feb 2024 | 7.70 | 8.11 | 8.20 | 7.66 | 1.003 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 |
Price has moved up 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 |
| 26 Mon Feb 2024 | 7.62 | 7.76 | 8.20 | 7.53 | 0.672 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 neutral. A longer time frame might give a better analysis.
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 SELL signal for United Microelectronics in short term and the sell signal is strong.
United Microelectronics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for United Microelectronics in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of United Microelectronics is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 7.77 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 neutral. A longer time frame might give a better analysis.
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 SELL signal for United Microelectronics in short term and the sell signal is strong.
United Microelectronics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for United Microelectronics in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of United Microelectronics is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 7.77 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.