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Stock Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
United Microelectronics Corporation (NEW) (NYSE:UMC)
Long-Term Downtrend (-90) - UMC is in a strong downtrend that is likely to continue. While UMC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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 Aug 5th, 2024 at 7.384
The intermediate-term trend has been DOWN since Oct 7th, 2024 at 8.220
The short-term trend has been DOWN since Nov 20th, 2024 at 6.780
Smart Scan Analysis for UMC
Based on our trend formula, UMC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.830 | 6.845 | 6.710 | 6.775 | -0.025 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.800 | 4997792 | 2024-11-21 13:27:21 |
| Year High | 3.14 | Year High Date | 2018-06-13 |
| Year Low | 1.64 | Year Low Date | 2018-11-13 |
| 52wk High | 9 | 52wk High Date | 2024-06-20 |
| 52wk Low | 6.74 | 52wk Low Date | 2024-11-20 |
| Year End Close | 1.99 | Average Volume | 13,723,910 |
| Shares Outstanding | 2,585,200 | Short Interest | 22,584,732 |
| % Institutional | 7.9 | Market Cap | 5,104M |
| Assets | 574,292,437M | Liabilities | 206,088,735M |
| P/E Ratio | 52.3077 | Beta | 1.48 |
| Volatility | 49.36 |