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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

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.

NYSE_UMC
Open High Low UMC Price Change
8.010 8.105 8.010 8.080 +0.100
Entry Signal

MarketClub’s Trade Triangles for UMC

long term up The long-term trend has been UP since Nov 3rd, 2023 at 7.690

intermediate term up The intermediate-term trend has been UP since Mar 7th, 2024 at 8.196

short term up The short-term trend has been UP since Mar 28th, 2024 at 8.090

Smart Scan Analysis for UMC

Based on our trend formula, UMC is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for UMC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.010 8.105 8.010 8.080 +0.100
Prev. Close Volume Bid Ask Time
8.090 3778505 2024-03-28 15:59:57
Year High3.14Year High Date2018-06-13
Year Low1.64Year Low Date2018-11-13
52wk High8.9752wk High Date2023-06-15
52wk Low6.7152wk Low Date2023-08-16
Year End Close1.99Average Volume8,072,240
Shares Outstanding2,585,200Short Interest22,584,732
% Institutional7.9Market Cap5,104M
Assets519,393,920MLiabilities204,583,523M
P/E Ratio34.8214Beta1.48
Volatility49.36
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