(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 2024-09-09 View latest technical analysis
10 day averaged volume of United Microelectronics is 13731993
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon Sep 2024 | 8.43 | 8.35 | 8.44 | 8.35 | 0.783 times |
| 06 Fri Sep 2024 | 8.28 | 8.53 | 8.55 | 8.22 | 1.337 times |
| 05 Thu Sep 2024 | 8.46 | 8.31 | 8.57 | 8.31 | 1.267 times |
| 04 Wed Sep 2024 | 8.33 | 8.20 | 8.40 | 8.20 | 1.189 times |
| 03 Tue Sep 2024 | 8.24 | 8.60 | 8.64 | 8.21 | 1.53 times |
| 30 Fri Aug 2024 | 8.77 | 8.74 | 8.81 | 8.68 | 0.714 times |
| 30 Fri Aug 2024 | 8.77 | 8.74 | 8.81 | 8.68 | 0.714 times |
| 29 Thu Aug 2024 | 8.66 | 8.62 | 8.80 | 8.62 | 0.901 times |
| 28 Wed Aug 2024 | 8.60 | 8.62 | 8.71 | 8.53 | 0.759 times |
| 27 Tue Aug 2024 | 8.62 | 8.50 | 8.64 | 8.42 | 0.61 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 8.4 as stoploss in an intra day buy trade for a target of 8.63. However, stock will show a bearish move below 8.4.
Share price targets for United Microelectronics (UMC)
| Target Type | Value |
| Downside Target | 7.38 |
| Downside Target | 7.53 |
| Downside Target | 8.20 |
| Upside Target | 8.63 |
| Upside Target | 8.68 |
| 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 | 8.37 |
| Downside Intraday Target | 8.32 |
| Upside Intraday Target | 8.46 |
| Upside Intraday Target | 8.5 |
| Downside Intraday Target | 8.41 |
Weekly technical analysis of United Microelectronics (UMC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon Sep 2024 | 8.43 | 8.35 | 8.44 | 8.35 | 0.147 times |
| 06 Fri Sep 2024 | 8.28 | 8.60 | 8.64 | 8.20 | 7.46 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 |
Price has moved up 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 |
| 09 Mon Sep 2024 | 8.43 | 8.60 | 8.64 | 8.20 | 0.262 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 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 weakening, and bulls are picking up momentum!
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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 8.47 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 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 weakening, and bulls are picking up momentum!
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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 8.47 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.