(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 2024-02-08 View latest technical analysis
10 day averaged volume of United Microelectronics is 8547640
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Feb 2024 | 8.05 | 7.89 | 8.11 | 7.83 | 0.893 times |
| 07 Wed Feb 2024 | 7.90 | 7.72 | 7.90 | 7.67 | 0.955 times |
| 06 Tue Feb 2024 | 7.67 | 7.78 | 7.79 | 7.61 | 0.693 times |
| 05 Mon Feb 2024 | 7.67 | 7.62 | 7.69 | 7.58 | 0.641 times |
| 02 Fri Feb 2024 | 7.62 | 7.67 | 7.69 | 7.55 | 1.155 times |
| 01 Thu Feb 2024 | 7.69 | 7.76 | 7.78 | 7.65 | 1.001 times |
| 31 Wed Jan 2024 | 7.71 | 7.84 | 8.04 | 7.57 | 0.947 times |
| 30 Tue Jan 2024 | 7.83 | 7.91 | 7.94 | 7.81 | 0.772 times |
| 29 Mon Jan 2024 | 7.89 | 7.85 | 7.90 | 7.79 | 0.761 times |
| 26 Fri Jan 2024 | 7.84 | 8.05 | 8.05 | 7.80 | 1.33 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 7.88. However, stock will show a bullish move above 8.1.
Share price targets for United Microelectronics (UMC)
| Target Type | Value |
| Downside Target | 6.81 |
| Downside Target | 7.14 |
| Downside Target | 7.46 |
| Downside Target | 7.99 |
| Downside Target | 8.04 |
| Upside Target | 8.08 |
| Upside Target | 8.11 |
| Upside Target | 8.43 |
| Upside Target | 8.68 |
Intraday share price targets for United Microelectronics (UMC)
| Target Type | Value |
| Downside Intraday Target | 7.72 |
| Downside Intraday Target | 7.38 |
| Upside Intraday Target | 8.25 |
| Upside Intraday Target | 8.44 |
| Downside Intraday Target | 7.91 |
Weekly technical analysis of United Microelectronics (UMC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Feb 2024 | 8.05 | 7.62 | 8.11 | 7.58 | 0.686 times |
| 02 Fri Feb 2024 | 7.62 | 7.85 | 8.04 | 7.55 | 0.727 times |
| 26 Fri Jan 2024 | 7.84 | 8.06 | 8.43 | 7.80 | 1.425 times |
| 19 Fri Jan 2024 | 7.96 | 7.87 | 7.99 | 7.46 | 12.313 times |
| 12 Fri Jan 2024 | 7.95 | 7.98 | 8.08 | 7.95 | 0.109 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 |
| 08 Thu Feb 2024 | 8.05 | 7.76 | 8.11 | 7.55 | 0.261 times |
| 31 Wed Jan 2024 | 7.71 | 8.32 | 8.43 | 7.46 | 1.414 times |
| 29 Fri Dec 2023 | 8.46 | 7.82 | 8.68 | 7.67 | 0.974 times |
| 30 Thu Nov 2023 | 7.79 | 7.16 | 7.99 | 7.14 | 0.872 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 BUY. Signal strength is Strong and stock is gaining 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for United Microelectronics in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 7.79 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 BUY. Signal strength is Strong and stock is gaining 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for United Microelectronics in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 7.79 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.