(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 2024-08-09 View latest technical analysis
10 day averaged volume of United Microelectronics is 19150662
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 8.44 | 8.44 | 8.50 | 8.33 | 0.762 times |
| 08 Thu Aug 2024 | 8.48 | 8.13 | 8.51 | 8.10 | 0.982 times |
| 07 Wed Aug 2024 | 7.95 | 8.24 | 8.29 | 7.94 | 0.622 times |
| 06 Tue Aug 2024 | 8.00 | 7.85 | 8.14 | 7.84 | 0.857 times |
| 05 Mon Aug 2024 | 7.85 | 7.48 | 7.97 | 7.38 | 1.071 times |
| 02 Fri Aug 2024 | 7.88 | 7.93 | 8.00 | 7.76 | 1.028 times |
| 01 Thu Aug 2024 | 8.08 | 8.21 | 8.31 | 8.01 | 1.396 times |
| 31 Wed Jul 2024 | 8.37 | 7.90 | 8.41 | 7.79 | 1.32 times |
| 30 Tue Jul 2024 | 7.43 | 7.61 | 7.63 | 7.39 | 0.941 times |
| 29 Mon Jul 2024 | 7.55 | 7.70 | 7.70 | 7.53 | 0.894 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 8.2, but if it comes below 8.2, then a intra day sell could be more profitable.
If you take a sell trade below 8.2, then use 8.2 as stoploss and 7.92 as target. However if you take a buy trade in stock , then use 8.2 as stoploss and 8.6 as target.
Share price targets for United Microelectronics (UMC)
| Target Type | Value |
| Downside Target | 7.35 |
| Downside Target | 7.80 |
| Downside Target | 8.19 |
| Downside Target | 8.35 |
| Downside Target | 8.41 |
| Upside Target | 8.51 |
| Upside Target | 8.72 |
| Upside Target | 8.85 |
| Upside Target | 8.89 |
| Upside Target | 9.00 |
Intraday share price targets for United Microelectronics (UMC)
| Target Type | Value |
| Downside Intraday Target | 7.71 |
| Downside Intraday Target | 6.98 |
| Upside Intraday Target | 8.84 |
| Upside Intraday Target | 9.24 |
| Downside Intraday Target | 8.11 |
Weekly technical analysis of United Microelectronics (UMC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 8.44 | 7.48 | 8.51 | 7.38 | 0.77 times |
| 02 Fri Aug 2024 | 7.88 | 7.70 | 8.41 | 7.39 | 1.301 times |
| 26 Fri Jul 2024 | 7.70 | 7.82 | 7.91 | 7.38 | 1.093 times |
| 19 Fri Jul 2024 | 7.82 | 8.34 | 8.35 | 7.80 | 1.442 times |
| 12 Fri Jul 2024 | 8.32 | 8.63 | 8.72 | 8.19 | 2.805 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 |
| 09 Fri Aug 2024 | 8.44 | 8.21 | 8.51 | 7.38 | 0.403 times |
| 31 Wed Jul 2024 | 8.37 | 8.84 | 8.85 | 7.38 | 2.007 times |
| 28 Fri Jun 2024 | 8.76 | 8.50 | 9.00 | 8.20 | 0.943 times |
| 31 Fri May 2024 | 8.50 | 7.70 | 8.89 | 7.53 | 0.874 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for United Microelectronics in short term but the buy signal is initial and weak.
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 red color and prices are in or above the red cloud Prices appear to be coming down
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 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 8.02 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for United Microelectronics in short term but the buy signal is initial and weak.
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 red color and prices are in or above the red cloud Prices appear to be coming down
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 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 8.02 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.