(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 2024-09-03 View latest technical analysis
10 day averaged volume of United Microelectronics is 10992993
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Tue Sep 2024 | 8.24 | 8.60 | 8.64 | 8.21 | 1.911 times |
| 30 Fri Aug 2024 | 8.77 | 8.74 | 8.81 | 8.68 | 0.891 times |
| 30 Fri Aug 2024 | 8.77 | 8.74 | 8.81 | 8.68 | 0.891 times |
| 29 Thu Aug 2024 | 8.66 | 8.62 | 8.80 | 8.62 | 1.125 times |
| 28 Wed Aug 2024 | 8.60 | 8.62 | 8.71 | 8.53 | 0.948 times |
| 27 Tue Aug 2024 | 8.62 | 8.50 | 8.64 | 8.42 | 0.761 times |
| 26 Mon Aug 2024 | 8.60 | 8.71 | 8.74 | 8.58 | 1.224 times |
| 23 Fri Aug 2024 | 8.80 | 8.71 | 8.87 | 8.71 | 1.041 times |
| 22 Thu Aug 2024 | 8.65 | 8.91 | 8.91 | 8.63 | 1.225 times |
| 21 Wed Aug 2024 | 8.89 | 8.80 | 8.95 | 8.79 | 0.975 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 8.1, for a target of 8.4 or 8.63
Share price targets for United Microelectronics (UMC)
| Target Type | Value |
| Downside Target | 7.38 |
| Downside Target | 7.53 |
| Downside Target | 8.20 |
| Upside Target | 8.40 |
| Upside Target | 8.63 |
| 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 | 8.09 |
| Downside Intraday Target | 7.93 |
| Upside Intraday Target | 8.52 |
| Upside Intraday Target | 8.79 |
| Upside Intraday Target | 8.36 |
Weekly technical analysis of United Microelectronics (UMC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Tue Sep 2024 | 8.24 | 8.60 | 8.64 | 8.21 | 2.144 times |
| 30 Fri Aug 2024 | 8.77 | 8.74 | 8.81 | 8.68 | 0.18 times |
| 30 Fri Aug 2024 | 8.77 | 8.71 | 8.81 | 8.42 | 0.927 times |
| 23 Fri Aug 2024 | 8.80 | 8.70 | 8.95 | 8.63 | 0.858 times |
| 16 Fri Aug 2024 | 8.70 | 8.47 | 8.80 | 8.40 | 0.832 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 |
| 03 Tue Sep 2024 | 8.24 | 8.60 | 8.64 | 8.21 | 0.066 times |
| 30 Fri Aug 2024 | 8.77 | 8.21 | 8.95 | 7.38 | 1.004 times |
| 31 Wed Jul 2024 | 8.37 | 8.84 | 8.85 | 7.38 | 2.007 times |
| 28 Fri Jun 2024 | 8.76 | 8.50 | 9.00 | 8.20 | 0.943 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 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 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 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 mid to longer 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.
ADX buy sell signal for United Microelectronics stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for United Microelectronics in short term but the sell signal is initial and weak.
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. 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 coming down
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 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 8.62 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 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 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 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 mid to longer 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.
ADX buy sell signal for United Microelectronics stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for United Microelectronics in short term but the sell signal is initial and weak.
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. 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 coming down
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 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 8.62 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.