(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 2024-06-03 View latest technical analysis
10 day averaged volume of United Microelectronics is 8723865
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 8.50 | 8.50 | 8.55 | 8.36 | 0.627 times |
| 31 Fri May 2024 | 8.50 | 8.61 | 8.61 | 8.31 | 1.234 times |
| 30 Thu May 2024 | 8.67 | 8.63 | 8.72 | 8.62 | 0.804 times |
| 29 Wed May 2024 | 8.58 | 8.70 | 8.70 | 8.56 | 0.971 times |
| 28 Tue May 2024 | 8.87 | 8.71 | 8.89 | 8.69 | 1.15 times |
| 24 Fri May 2024 | 8.56 | 8.51 | 8.61 | 8.49 | 0.762 times |
| 23 Thu May 2024 | 8.57 | 8.71 | 8.75 | 8.52 | 1.278 times |
| 22 Wed May 2024 | 8.65 | 8.60 | 8.67 | 8.55 | 1.06 times |
| 21 Tue May 2024 | 8.50 | 8.36 | 8.55 | 8.36 | 0.914 times |
| 20 Mon May 2024 | 8.41 | 8.18 | 8.43 | 8.17 | 1.18 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 8.6 as stoploss in an intra day sell trade for a target of 8.33. However, stock will show a bullish move above 8.6.
Share price targets for United Microelectronics (UMC)
| Target Type | Value |
| Downside Target | 7.35 |
| Downside Target | 7.90 |
| Downside Target | 8.32 |
| Downside Target | 8.36 |
| Downside Target | 8.49 |
| Upside Target | 8.55 |
| Upside Target | 8.75 |
| Upside Target | 8.89 |
Intraday share price targets for United Microelectronics (UMC)
| Target Type | Value |
| Downside Intraday Target | 8.39 |
| Downside Intraday Target | 8.28 |
| Upside Intraday Target | 8.58 |
| Upside Intraday Target | 8.66 |
| Downside Intraday Target | 8.47 |
Weekly technical analysis of United Microelectronics (UMC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 8.50 | 8.50 | 8.55 | 8.36 | 0.151 times |
| 31 Fri May 2024 | 8.50 | 8.71 | 8.89 | 8.31 | 0.801 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 |
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 |
| 03 Mon Jun 2024 | 8.50 | 8.50 | 8.55 | 8.36 | 0.032 times |
| 31 Fri May 2024 | 8.50 | 7.70 | 8.89 | 7.53 | 0.874 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 |
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 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 gaining momentum.
MACD generated a BUY signal for United Microelectronics in short term and the buy 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying is losing 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 8.58 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 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 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 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 gaining momentum.
MACD generated a BUY signal for United Microelectronics in short term and the buy 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying is losing 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 8.58 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.