(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 2024-05-30 View latest technical analysis
10 day averaged volume of United Microelectronics is 8478803
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 8.67 | 8.63 | 8.72 | 8.62 | 0.827 times |
| 29 Wed May 2024 | 8.58 | 8.70 | 8.70 | 8.56 | 0.999 times |
| 28 Tue May 2024 | 8.87 | 8.71 | 8.89 | 8.69 | 1.183 times |
| 24 Fri May 2024 | 8.56 | 8.51 | 8.61 | 8.49 | 0.784 times |
| 23 Thu May 2024 | 8.57 | 8.71 | 8.75 | 8.52 | 1.315 times |
| 22 Wed May 2024 | 8.65 | 8.60 | 8.67 | 8.55 | 1.091 times |
| 21 Tue May 2024 | 8.50 | 8.36 | 8.55 | 8.36 | 0.94 times |
| 20 Mon May 2024 | 8.41 | 8.18 | 8.43 | 8.17 | 1.214 times |
| 17 Fri May 2024 | 8.18 | 8.14 | 8.21 | 8.12 | 0.666 times |
| 16 Thu May 2024 | 8.07 | 8.19 | 8.19 | 8.06 | 0.896 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 8.6, but if it comes below 8.6, then a intra day sell could be more profitable.
If you take a sell trade below 8.6, then use 8.6 as stoploss and 8.28 as target. However if you take a buy trade in stock , then use 8.6 as stoploss and 8.9 as target.
Share price targets for United Microelectronics (UMC)
| Target Type | Value |
| Downside Target | 7.35 |
| Downside Target | 7.90 |
| Downside Target | 8.20 |
| Downside Target | 8.22 |
| Downside Target | 8.32 |
| Downside Target | 8.43 |
| Downside Target | 8.49 |
| Downside Target | 8.56 |
| Upside Target | 8.75 |
| Upside Target | 8.89 |
Intraday share price targets for United Microelectronics (UMC)
| Target Type | Value |
| Downside Intraday Target | 8.52 |
| Downside Intraday Target | 8.38 |
| Upside Intraday Target | 8.85 |
| Upside Intraday Target | 9.04 |
| Upside Intraday Target | 8.71 |
Weekly technical analysis of United Microelectronics (UMC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 8.67 | 8.71 | 8.89 | 8.56 | 0.563 times |
| 24 Fri May 2024 | 8.56 | 8.18 | 8.75 | 8.17 | 1.531 times |
| 17 Fri May 2024 | 8.18 | 8.08 | 8.22 | 8.04 | 1.107 times |
| 10 Fri May 2024 | 8.06 | 8.09 | 8.13 | 7.90 | 0.634 times |
| 03 Fri May 2024 | 8.15 | 7.78 | 8.16 | 7.53 | 0.761 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 |
| 30 Thu May 2024 | 8.67 | 7.70 | 8.89 | 7.53 | 0.818 times |
| 30 Tue Apr 2024 | 7.70 | 8.06 | 8.32 | 7.35 | 1.193 times |
| 28 Thu Mar 2024 | 8.09 | 7.68 | 8.49 | 7.59 | 1.213 times |
| 29 Thu Feb 2024 | 7.68 | 7.76 | 8.20 | 7.48 | 0.761 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for United Microelectronics in short term and the buy signal is strong.
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 green color and prices are above the green cloud Prices appear to be moving up
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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 8.53 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 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 positive
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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for United Microelectronics in short term and the buy signal is strong.
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 green color and prices are above the green cloud Prices appear to be moving up
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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 8.53 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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.