(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.
10 day averaged volume of United Microelectronics is 9797500
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 7.70 | 7.68 | 7.80 | 7.43 | 1.408 times |
| 23 Tue Apr 2024 | 7.60 | 7.47 | 7.61 | 7.46 | 0.857 times |
| 22 Mon Apr 2024 | 7.48 | 7.44 | 7.53 | 7.35 | 1.087 times |
| 19 Fri Apr 2024 | 7.40 | 7.51 | 7.61 | 7.38 | 1.574 times |
| 18 Thu Apr 2024 | 7.53 | 7.59 | 7.61 | 7.48 | 1.233 times |
| 17 Wed Apr 2024 | 7.59 | 7.70 | 7.72 | 7.56 | 1.174 times |
| 16 Tue Apr 2024 | 7.66 | 7.70 | 7.71 | 7.63 | 0.8 times |
| 15 Mon Apr 2024 | 7.82 | 8.03 | 8.03 | 7.75 | 0.762 times |
| 12 Fri Apr 2024 | 7.97 | 8.10 | 8.11 | 7.97 | 0.999 times |
| 11 Thu Apr 2024 | 8.18 | 8.18 | 8.19 | 8.06 | 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 7.6 as stoploss in an intra day buy trade for a target of 7.9. However, stock will show a bearish move below 7.6.
Share price targets for United Microelectronics (UMC)
| Target Type | Value |
| Downside Target | 7.35 |
| Upside Target | 8.03 |
| Upside Target | 8.11 |
| Upside Target | 8.20 |
| Upside Target | 8.25 |
| Upside Target | 8.32 |
| Upside Target | 8.43 |
| Upside Target | 8.49 |
| Upside Target | 8.68 |
Intraday share price targets for United Microelectronics (UMC)
| Target Type | Value |
| Downside Intraday Target | 7.43 |
| Downside Intraday Target | 7.17 |
| Upside Intraday Target | 7.88 |
| Upside Intraday Target | 8.07 |
| Downside Intraday Target | 7.62 |
Weekly technical analysis of United Microelectronics (UMC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 7.70 | 7.44 | 7.80 | 7.35 | 0.605 times |
| 19 Fri Apr 2024 | 7.40 | 8.03 | 8.03 | 7.38 | 1.458 times |
| 12 Fri Apr 2024 | 7.97 | 8.13 | 8.32 | 7.97 | 1.095 times |
| 05 Fri Apr 2024 | 8.06 | 8.06 | 8.25 | 7.94 | 1.398 times |
| 28 Thu Mar 2024 | 8.09 | 8.07 | 8.11 | 7.91 | 0.74 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 |
| 24 Wed Apr 2024 | 7.70 | 8.06 | 8.32 | 7.35 | 0.981 times |
| 28 Thu Mar 2024 | 8.09 | 7.68 | 8.49 | 7.59 | 1.213 times |
| 29 Thu Feb 2024 | 7.68 | 7.76 | 8.20 | 7.48 | 0.761 times |
| 31 Wed Jan 2024 | 7.71 | 8.32 | 8.43 | 7.46 | 1.414 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 and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 and selling is picking up 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 7.65 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for United Microelectronics in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 and selling is picking up 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 7.65 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 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.