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Stock Trend Analysis Report

Prepared for you on Friday, January 27, 2023.

United Microelectronics Corporation (NEW) (NYSE:UMC)

Strong Uptrend (+100) - UMC is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, UMC continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

NYSE_UMC
Open High Low UMC Price Change
7.920 7.945 7.770 7.880 +0.050
Entry Signal

MarketClub’s Trade Triangles for UMC

long term up The long-term trend has been UP since Nov 11th, 2022 at 7.320

intermediate term up The intermediate-term trend has been UP since Jan 9th, 2023 at 7.025

short term up The short-term trend has been UP since Jan 4th, 2023 at 6.750

Smart Scan Analysis for UMC

Based on our trend formula, UMC is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for UMC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.920 7.945 7.770 7.880 +0.050
Prev. Close Volume Bid Ask Time
7.880 5166148 2023-01-26 15:59:55
Year High3.14Year High Date2018-06-13
Year Low1.64Year Low Date2018-11-13
52wk High10.2652wk High Date2022-02-09
52wk Low5.3652wk Low Date2022-10-11
Year End Close1.99Average Volume7,499,629
Shares Outstanding2,585,200Short Interest22,584,732
% Institutional7.9Market Cap5,104M
Assets519,393,920MLiabilities204,583,523M
P/E Ratio37.5238Beta1.48
Volatility49.36
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