(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 6062368
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 8.07 | 8.19 | 8.19 | 8.06 | 1.254 times |
| 15 Wed May 2024 | 8.19 | 8.20 | 8.20 | 8.07 | 1.275 times |
| 14 Tue May 2024 | 8.22 | 8.06 | 8.22 | 8.05 | 1.02 times |
| 13 Mon May 2024 | 8.09 | 8.08 | 8.10 | 8.04 | 0.4 times |
| 10 Fri May 2024 | 8.06 | 8.04 | 8.11 | 8.02 | 0.653 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 8.1 as stoploss in an intra day sell trade for a target of 7.87. However, stock will show a bullish move above 8.1.
Share price targets for United Microelectronics (UMC)
| Target Type | Value |
| Downside Target | 7.35 |
| Downside Target | 7.80 |
| Downside Target | 8.04 |
| Upside Target | 8.13 |
| Upside Target | 8.16 |
| Upside Target | 8.20 |
| Upside Target | 8.22 |
| Upside Target | 8.32 |
| Upside Target | 8.43 |
| Upside Target | 8.49 |
Intraday share price targets for United Microelectronics (UMC)
| Target Type | Value |
| Downside Intraday Target | 8 |
| Downside Intraday Target | 7.93 |
| Upside Intraday Target | 8.18 |
| Upside Intraday Target | 8.29 |
| Upside Intraday Target | 8.11 |
Weekly technical analysis of United Microelectronics (UMC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 8.07 | 8.08 | 8.22 | 8.04 | 0.896 times |
| 10 Fri May 2024 | 8.06 | 8.09 | 8.13 | 7.90 | 0.634 times |
| 03 Fri May 2024 | 8.15 | 7.78 | 8.16 | 7.53 | 0.761 times |
| 26 Fri Apr 2024 | 7.79 | 7.44 | 7.80 | 7.35 | 1.02 times |
| 19 Fri Apr 2024 | 7.40 | 8.03 | 8.03 | 7.38 | 1.458 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 |
| 16 Thu May 2024 | 8.07 | 7.70 | 8.22 | 7.53 | 0.421 times |
| 30 Tue Apr 2024 | 7.70 | 8.06 | 8.32 | 7.35 | 1.193 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 | 0.774 times |
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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 29, 29, 0 | Sell |
| MACD | 0, 0 | Buy |
| Stochastics | 83 | Buy |
| CCI | 43 | Sell |
| RSI | 54 | Buy |
| OBV | 6604725 | Sell |
| VWAP | 8 | Sell |
| ADL | 0 | Sell |
| ROC | 3 | Buy |
| Force Index | 0 | Sell |
Price action analysis of United Microelectronics ( (UMC) ) based on a short 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.
Price action analysis of United Microelectronics ( (UMC) ) based on a short 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.
Price action analysis of United Microelectronics ( (UMC) ) based on a short to mid 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.
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 BUY signal for United Microelectronics in short term and the buy signal is strong.
United Microelectronics Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for United Microelectronics in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 8.09 and United Microelectronics (UMC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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.
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