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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.
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MarketClub’s Trade Triangles for UMC
The long-term trend has been UP since Nov 11th, 2022 at 7.320
The intermediate-term trend has been UP since Jan 9th, 2023 at 7.025
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).
| 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 High | 3.14 | Year High Date | 2018-06-13 |
| Year Low | 1.64 | Year Low Date | 2018-11-13 |
| 52wk High | 10.26 | 52wk High Date | 2022-02-09 |
| 52wk Low | 5.36 | 52wk Low Date | 2022-10-11 |
| Year End Close | 1.99 | Average Volume | 7,499,629 |
| 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 | 37.5238 | Beta | 1.48 |
| Volatility | 49.36 |