(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 2024-03-04 View latest technical analysis
10 day averaged volume of United Microelectronics is 6281500
Date | Daily Closing Price | Open | High | Low | Volume |
04 Mon Mar 2024 | 7.74 | 7.81 | 7.82 | 7.71 | 1.06 times |
01 Fri Mar 2024 | 7.81 | 7.68 | 7.83 | 7.63 | 1.408 times |
29 Thu Feb 2024 | 7.68 | 7.65 | 7.71 | 7.63 | 1.117 times |
28 Wed Feb 2024 | 7.54 | 7.54 | 7.55 | 7.48 | 0.748 times |
27 Tue Feb 2024 | 7.57 | 7.65 | 7.66 | 7.56 | 0.588 times |
26 Mon Feb 2024 | 7.62 | 7.56 | 7.65 | 7.56 | 0.731 times |
23 Fri Feb 2024 | 7.56 | 7.65 | 7.68 | 7.53 | 1.039 times |
22 Thu Feb 2024 | 7.76 | 7.80 | 7.82 | 7.70 | 1.25 times |
21 Wed Feb 2024 | 7.72 | 7.67 | 7.72 | 7.62 | 1.301 times |
20 Tue Feb 2024 | 7.77 | 7.71 | 7.81 | 7.71 | 1.026 times |
My analysis of stock is bearish for shortterm, and stock might move down till 7.6 or till 7.4. Use a stoploss of 7.77 and if the stock hits stoploss, then it can shoot up till 7.93
Share price targets for United Microelectronics (UMC)
Target Type | Value |
Downside Target | 7.14 |
Downside Target | 7.46 |
Upside Target | 7.82 |
Upside Target | 7.83 |
Upside Target | 7.99 |
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 | 7.69 |
Downside Intraday Target | 7.65 |
Upside Intraday Target | 7.8 |
Upside Intraday Target | 7.87 |
Upside Intraday Target | 7.76 |
Weekly technical analysis of United Microelectronics (UMC)
Date | Weekly Closing Price | Open | High | Low | Volume |
04 Mon Mar 2024 | 7.74 | 7.81 | 7.82 | 7.71 | 0.231 times |
01 Fri Mar 2024 | 7.81 | 7.56 | 7.83 | 7.48 | 0.995 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 |
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 |
04 Mon Mar 2024 | 7.74 | 7.68 | 7.83 | 7.63 | 0.116 times |
29 Thu Feb 2024 | 7.68 | 7.76 | 8.20 | 7.48 | 0.761 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 |
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of United Microelectronics ( (UMC) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of United Microelectronics ( (UMC) ) based on a short to mid 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 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 BUY. 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
United Microelectronics Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 buy signal for United Microelectronics in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 7.69 and United Microelectronics (UMC) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of United Microelectronics ( (UMC) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of United Microelectronics ( (UMC) ) based on a short to mid 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 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 BUY. 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
United Microelectronics Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 buy signal for United Microelectronics in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 7.69 and United Microelectronics (UMC) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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.