(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 2024-11-05 View latest technical analysis
10 day averaged volume of United Microelectronics is 14336040
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Tue Nov 2024 | 6.96 | 7.02 | 7.03 | 6.90 | 0.901 times |
| 04 Mon Nov 2024 | 7.07 | 7.04 | 7.15 | 7.04 | 1.059 times |
| 01 Fri Nov 2024 | 7.06 | 7.01 | 7.16 | 6.92 | 1.565 times |
| 31 Thu Oct 2024 | 6.84 | 7.01 | 7.02 | 6.78 | 1.385 times |
| 30 Wed Oct 2024 | 6.99 | 7.23 | 7.30 | 6.98 | 1.521 times |
| 29 Tue Oct 2024 | 7.41 | 7.44 | 7.45 | 7.34 | 1.065 times |
| 28 Mon Oct 2024 | 7.42 | 7.66 | 7.66 | 7.40 | 0.947 times |
| 25 Fri Oct 2024 | 7.75 | 7.73 | 7.87 | 7.73 | 0.706 times |
| 24 Thu Oct 2024 | 7.71 | 7.75 | 7.75 | 7.66 | 0.544 times |
| 23 Wed Oct 2024 | 7.70 | 7.71 | 7.75 | 7.61 | 0.58 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7.2, but if it comes above 7.2, then a intra day buy could be more profitable.
If you take a sell trade below 7.2, then use 7.2 as stoploss and 6.7 as target. However if you take a buy trade in stock , then use 7.2 as stoploss and 7.63 as target.
Share price targets for United Microelectronics (UMC)
| Target Type | Value |
| Downside Target | 6.78 |
| Upside Target | 7.15 |
| Upside Target | 7.38 |
| Upside Target | 7.61 |
| Upside Target | 7.95 |
| Upside Target | 8.20 |
| Upside Target | 8.24 |
| Upside Target | 8.32 |
| Upside Target | 8.46 |
| Upside Target | 8.85 |
| Upside Target | 8.86 |
| Upside Target | 8.95 |
Intraday share price targets for United Microelectronics (UMC)
| Target Type | Value |
| Downside Intraday Target | 6.86 |
| Downside Intraday Target | 6.75 |
| Upside Intraday Target | 7.11 |
| Upside Intraday Target | 7.25 |
| Upside Intraday Target | 7 |
Weekly technical analysis of United Microelectronics (UMC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Tue Nov 2024 | 6.96 | 7.04 | 7.15 | 6.90 | 0.302 times |
| 01 Fri Nov 2024 | 7.06 | 7.66 | 7.66 | 6.78 | 1.914 times |
| 25 Fri Oct 2024 | 7.75 | 7.82 | 7.87 | 7.61 | 0.839 times |
| 18 Fri Oct 2024 | 7.73 | 8.10 | 8.24 | 7.72 | 1.551 times |
| 11 Fri Oct 2024 | 8.09 | 8.23 | 8.32 | 7.95 | 0.649 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 Tue Nov 2024 | 6.96 | 7.01 | 7.16 | 6.90 | 0.194 times |
| 31 Thu Oct 2024 | 6.84 | 8.42 | 8.46 | 6.78 | 0.959 times |
| 30 Mon Sep 2024 | 8.42 | 8.60 | 8.86 | 8.20 | 0.85 times |
| 30 Fri Aug 2024 | 8.77 | 8.21 | 8.95 | 7.38 | 1.004 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 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 Strong 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 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 7.2 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 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 Strong 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 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 7.2 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.