UNITED MICROELECTRON-SP ADR (UMC) Stock Technical Analysis
NYSE:UMC - New York Stock Exchange, Inc. - US9108734057 - ADR - Currency: USD
Overall UMC gets a technical rating of 8 out of 10. UMC has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
UMC is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry. UMC outperforms 88% of them.
In the last month UMC has a been trading in the 5.71 - 7.36 range, which is quite wide. It is currently trading near the high of this range.
UMC has an average volume of 15503300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that UMC is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
UMC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although UMC has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.20
8.84
3 important support areas can be observed.
- A support zone ranging from 6.71 to 6.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.45 from a trend line in the weekly time frame.
- Support @6.26 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @8.75 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.77
Mansfield-0.16
10 Day High7.36
10 Day Low6.64
20 Day High7.36
20 Day Low5.71
52 Week High9
52 Week Low5.61
Performance
1 Week6.83%
2 Weeks7.93%
1 Month14.13%
3 Month27.16%
6 Month4.11%
12 Month-9.82%
2 Year-11.02%
3 Year-16.57%
5 Year190.51%
10 Year226.67%
15 Year122.05%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)65.04
LBB6.64
UBB7.22
7.35
+0.34 (+4.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg4.85%
1 Week6.83%
2 Weeks7.93%
1 Month14.13%
3 Month27.16%
6 Month4.11%
12 Month-9.82%
2 Year-11.02%
3 Year-16.57%
5 Year190.51%
10 Year226.67%
15 Year122.05%
Volatility
ATR(14)0.19
ATR(20)%3.87%
ATR Inc11.07%
Range Today0.12
ADR(20)0.25
ADR(20)%3.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.77
Mansfield-0.16
10 Day High7.36
10 Day Low6.64
20 Day High7.36
20 Day Low5.71
52 Week High9
52 Week Low5.61
CS1 End6.8
CR1 Start8.75
Volume & EV
DER(3)8.02%
DER(5)5.4%
Volume13.06M
Volume Incr-45.47%
Vol(5)9.69M
Vol(50)15.50M