(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 2024-07-12 View latest technical analysis
10 day averaged volume of United Microelectronics is 10028030
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 8.32 | 8.21 | 8.39 | 8.19 | 1.222 times |
| 11 Thu Jul 2024 | 8.26 | 8.57 | 8.61 | 8.25 | 1.335 times |
| 10 Wed Jul 2024 | 8.58 | 8.56 | 8.62 | 8.48 | 0.952 times |
| 09 Tue Jul 2024 | 8.59 | 8.67 | 8.67 | 8.52 | 0.835 times |
| 08 Mon Jul 2024 | 8.66 | 8.63 | 8.72 | 8.60 | 0.849 times |
| 05 Fri Jul 2024 | 8.38 | 8.40 | 8.43 | 8.33 | 0.53 times |
| 03 Wed Jul 2024 | 8.34 | 8.25 | 8.35 | 8.19 | 1.321 times |
| 03 Wed Jul 2024 | 8.34 | 8.25 | 8.35 | 8.19 | 1.321 times |
| 02 Tue Jul 2024 | 8.30 | 8.24 | 8.34 | 8.22 | 0.811 times |
| 01 Mon Jul 2024 | 8.77 | 8.84 | 8.85 | 8.70 | 0.914 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 8.4, but if it comes above 8.4, then a intra day buy could be more profitable.
If you take a sell trade below 8.4, then use 8.4 as stoploss and 8.1 as target. However if you take a buy trade in stock , then use 8.4 as stoploss and 8.64 as target.
Share price targets for United Microelectronics (UMC)
| Target Type | Value |
| Downside Target | 7.35 |
| Downside Target | 7.53 |
| Downside Target | 8.19 |
| Upside Target | 8.67 |
| Upside Target | 8.72 |
| Upside Target | 8.81 |
| Upside Target | 8.85 |
| Upside Target | 8.89 |
| Upside Target | 8.95 |
| Upside Target | 9.00 |
Intraday share price targets for United Microelectronics (UMC)
| Target Type | Value |
| Downside Intraday Target | 8.1 |
| Downside Intraday Target | 7.88 |
| Upside Intraday Target | 8.63 |
| Upside Intraday Target | 8.94 |
| Upside Intraday Target | 8.41 |
Weekly technical analysis of United Microelectronics (UMC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 8.32 | 8.63 | 8.72 | 8.19 | 2.805 times |
| 05 Fri Jul 2024 | 8.38 | 8.25 | 8.43 | 8.19 | 0.608 times |
| 03 Wed Jul 2024 | 8.34 | 8.84 | 8.85 | 8.19 | 0.73 times |
| 28 Fri Jun 2024 | 8.76 | 8.83 | 8.95 | 8.67 | 1.39 times |
| 21 Fri Jun 2024 | 8.85 | 8.86 | 9.00 | 8.81 | 2.024 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 |
| 12 Fri Jul 2024 | 8.32 | 8.84 | 8.85 | 8.19 | 0.637 times |
| 28 Fri Jun 2024 | 8.76 | 8.50 | 9.00 | 8.20 | 0.943 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 |
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 neutral. A longer time frame might give a better analysis.
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 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 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 SELL signal for United Microelectronics in short term and the sell signal is strong.
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 SELL signal for United Microelectronics in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 8.44 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 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 neutral. A longer time frame might give a better analysis.
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 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 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 SELL signal for United Microelectronics in short term and the sell signal is strong.
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 SELL signal for United Microelectronics in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 8.44 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.