Stock Trend Analysis Report
Prepared for you on Tuesday, May 18, 2021.
UMC INC (NASDAQ:UMCN)
Sidelines Mode (+55) - UMCN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid UMCN?
MarketClub looks at technical strength and momentum to determine if the timing is right for UMCN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for UMCN
The long-term trend has been UP since Feb 3rd, 2021 at 0.0095
The intermediate-term trend has been DOWN since May 13th, 2021 at 0.0072
The short-term trend has been UP since May 14th, 2021 at 0.0072
Smart Scan Analysis for UMCN
Based on our trend formula, UMCN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.003||Year High Date||2018-06-27|
|Year Low||0.0013||Year Low Date||2018-05-02|
|52wk High||0.017||52wk High Date||2021-02-25|
|52wk Low||0.003||52wk Low Date||2020-10-09|
|Year End Close||0.0021||Average Volume||22,606|