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Stock Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
United Microelectronics Corporation (NEW) (NYSE:UMC)
Countertrend Up (+85) - UMC is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 DOWN since Mar 24th, 2023 at 8.585
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 |
|---|---|---|---|---|
| 8.69 | 8.70 | 8.57 | 8.61 | -0.19 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.60 | 5323777 | 2023-03-24 15:59:42 |
| Year High | 3.14 | Year High Date | 2018-06-13 |
| Year Low | 1.64 | Year Low Date | 2018-11-13 |
| 52wk High | 9.615 | 52wk High Date | 2022-03-30 |
| 52wk Low | 5.36 | 52wk Low Date | 2022-10-11 |
| Year End Close | 1.99 | Average Volume | 6,878,742 |
| 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 | 41.9048 | Beta | 1.48 |
| Volatility | 49.36 |