(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 2024-06-21 View latest technical analysis
10 day averaged volume of United Microelectronics is 7986510
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 8.85 | 8.90 | 8.96 | 8.81 | 1.079 times |
| 20 Thu Jun 2024 | 8.91 | 8.95 | 9.00 | 8.86 | 1.837 times |
| 18 Tue Jun 2024 | 8.90 | 8.86 | 8.97 | 8.84 | 0.854 times |
| 18 Tue Jun 2024 | 8.90 | 8.86 | 8.97 | 8.84 | 0.854 times |
| 17 Mon Jun 2024 | 8.87 | 8.81 | 8.92 | 8.74 | 1.008 times |
| 14 Fri Jun 2024 | 8.73 | 8.75 | 8.78 | 8.67 | 0.782 times |
| 13 Thu Jun 2024 | 8.89 | 8.76 | 8.92 | 8.74 | 1.168 times |
| 12 Wed Jun 2024 | 8.74 | 8.67 | 8.78 | 8.64 | 1.229 times |
| 11 Tue Jun 2024 | 8.60 | 8.55 | 8.61 | 8.48 | 0.494 times |
| 10 Mon Jun 2024 | 8.62 | 8.36 | 8.64 | 8.35 | 0.827 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 8.9 as stoploss in an intra day sell trade for a target of 8.66. However, stock will show a bullish move above 8.9.
Share price targets for United Microelectronics (UMC)
| Target Type | Value |
| Downside Target | 7.35 |
| Downside Target | 8.20 |
| Downside Target | 8.55 |
| Downside Target | 8.74 |
| Downside Target | 8.81 |
| Upside Target | 8.89 |
| Upside Target | 8.92 |
| Upside Target | 8.97 |
| Upside Target | 9.00 |
Intraday share price targets for United Microelectronics (UMC)
| Target Type | Value |
| Downside Intraday Target | 8.77 |
| Downside Intraday Target | 8.7 |
| Upside Intraday Target | 8.96 |
| Upside Intraday Target | 9.08 |
| Upside Intraday Target | 8.89 |
Weekly technical analysis of United Microelectronics (UMC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 8.85 | 8.86 | 9.00 | 8.81 | 2.024 times |
| 18 Tue Jun 2024 | 8.90 | 8.81 | 8.97 | 8.74 | 0.414 times |
| 14 Fri Jun 2024 | 8.73 | 8.36 | 8.92 | 8.35 | 0.996 times |
| 07 Fri Jun 2024 | 8.39 | 8.50 | 8.55 | 8.20 | 0.994 times |
| 31 Fri May 2024 | 8.50 | 8.71 | 8.89 | 8.31 | 0.801 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of United Microelectronics (UMC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 8.85 | 8.50 | 9.00 | 8.20 | 0.695 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 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 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 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 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 losing 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 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 but SELL 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
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 8.82 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 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 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 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 losing 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 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 but SELL 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
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 8.82 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.