(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 2024-06-05 View latest technical analysis
10 day averaged volume of United Microelectronics is 8528790
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 8.41 | 8.33 | 8.43 | 8.26 | 0.961 times |
| 04 Tue Jun 2024 | 8.23 | 8.40 | 8.41 | 8.20 | 0.999 times |
| 03 Mon Jun 2024 | 8.50 | 8.50 | 8.55 | 8.36 | 0.642 times |
| 31 Fri May 2024 | 8.50 | 8.61 | 8.61 | 8.31 | 1.263 times |
| 30 Thu May 2024 | 8.67 | 8.63 | 8.72 | 8.62 | 0.822 times |
| 29 Wed May 2024 | 8.58 | 8.70 | 8.70 | 8.56 | 0.993 times |
| 28 Tue May 2024 | 8.87 | 8.71 | 8.89 | 8.69 | 1.176 times |
| 24 Fri May 2024 | 8.56 | 8.51 | 8.61 | 8.49 | 0.78 times |
| 23 Thu May 2024 | 8.57 | 8.71 | 8.75 | 8.52 | 1.307 times |
| 22 Wed May 2024 | 8.65 | 8.60 | 8.67 | 8.55 | 1.084 times |
My analysis of stock is bullish for shortterm, and stock might move up till 8.6 or till 8.9. Use a stoploss of 8.36 and if this stock hits its stoploss, then it can fall down till 8.11
Share price targets for United Microelectronics (UMC)
| Target Type | Value |
| Downside Target | 7.35 |
| Downside Target | 7.90 |
| Downside Target | 8.22 |
| Downside Target | 8.31 |
| Downside Target | 8.32 |
| Upside 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 | 8.22 |
| Downside Intraday Target | 8.04 |
| Upside Intraday Target | 8.57 |
| Upside Intraday Target | 8.74 |
| Downside Intraday Target | 8.39 |
Weekly technical analysis of United Microelectronics (UMC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 8.41 | 8.50 | 8.55 | 8.20 | 0.611 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 |
| 05 Wed Jun 2024 | 8.41 | 8.50 | 8.55 | 8.20 | 0.132 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 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 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 but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining 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 8.56 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 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 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 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 but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining 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 8.56 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.