(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 2024-05-15 View latest technical analysis
10 day averaged volume of United Microelectronics is 6580130
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Wed May 2024 | 8.19 | 8.20 | 8.20 | 8.07 | 1.175 times |
| 14 Tue May 2024 | 8.22 | 8.06 | 8.22 | 8.05 | 0.939 times |
| 13 Mon May 2024 | 8.09 | 8.08 | 8.10 | 8.04 | 0.369 times |
| 10 Fri May 2024 | 8.06 | 8.04 | 8.11 | 8.02 | 0.602 times |
| 09 Thu May 2024 | 7.94 | 7.99 | 7.99 | 7.93 | 0.879 times |
| 08 Wed May 2024 | 8.00 | 7.93 | 8.01 | 7.90 | 0.571 times |
| 07 Tue May 2024 | 7.95 | 8.10 | 8.10 | 7.94 | 0.777 times |
| 06 Mon May 2024 | 8.12 | 8.09 | 8.13 | 8.05 | 1.233 times |
| 03 Fri May 2024 | 8.15 | 8.00 | 8.16 | 8.00 | 1.514 times |
| 02 Thu May 2024 | 7.84 | 7.69 | 7.88 | 7.64 | 1.084 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 8.1, but if it comes below 8.1, then a intra day sell could be more profitable.
If you take a sell trade below 8.1, then use 8.1 as stoploss and 7.84 as target. However if you take a buy trade in stock , then use 8.1 as stoploss and 8.4 as target.
Share price targets for United Microelectronics (UMC)
| Target Type | Value |
| Downside Target | 7.35 |
| Downside Target | 7.80 |
| Downside Target | 8.04 |
| Downside Target | 8.13 |
| Downside 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 | 8.08 |
| Downside Intraday Target | 7.97 |
| Upside Intraday Target | 8.26 |
| Upside Intraday Target | 8.33 |
| Downside Intraday Target | 8.15 |
Weekly technical analysis of United Microelectronics (UMC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Wed May 2024 | 8.19 | 8.08 | 8.22 | 8.04 | 0.611 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 |
| 15 Wed May 2024 | 8.19 | 7.70 | 8.22 | 7.53 | 0.382 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 | 0.761 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 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 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 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.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 8.07 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 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.
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 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 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.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 8.07 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 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.