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Stock Trend Analysis Report
Prepared for you on Saturday, September 30, 2023.
United Microelectronics Corporation (NEW) (NYSE:UMC)
Countertrend Down (-85) - UMC is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid UMC?
MarketClub looks at technical strength and momentum to determine if the timing is right for UMC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for UMC
The long-term trend has been DOWN since Jul 6th, 2023 at 7.58
The intermediate-term trend has been DOWN since Sep 21st, 2023 at 6.96
The short-term trend has been UP since Sep 28th, 2023 at 7.09
Smart Scan Analysis for UMC
Based on our trend formula, UMC is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.15 | 7.15 | 7.04 | 7.05 | -0.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.06 | 3768609 | 2023-09-29 15:59:53 |
| Year High | 3.14 | Year High Date | 2018-06-13 |
| Year Low | 1.64 | Year Low Date | 2018-11-13 |
| 52wk High | 8.97 | 52wk High Date | 2023-06-15 |
| 52wk Low | 5.36 | 52wk Low Date | 2022-10-11 |
| Year End Close | 1.99 | Average Volume | 5,833,694 |
| Shares Outstanding | 2,585,200 | Short Interest | 22,584,732 |
| % Institutional | 7.9 | Market Cap | 5,104M |
| Assets | 519,393,920M | Liabilities | 204,583,523M |
| P/E Ratio | 31.5625 | Beta | 1.48 |
| Volatility | 49.36 |