UNITED MICROELECTRON-SP ADR (UMC) Technical Analysis
NYSE:UMC • US9108734057
Current stock price
UMC Technical Rating and Analysis
Taking everything into account, UMC scores 6 out of 10 in our technical rating. In the last year, UMC was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month UMC has a been trading in the 8.87 - 10.53 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, UMC did better than 85% of all other stocks. We also observe that the gains produced by UMC over the past year are nicely spread over this period.
- UMC has an average volume of 10414000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- UMC is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry, UMC did better than 43% of them.
- UMC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so UMC is lagging the market slightly.
UMC Weekly and Daily overview Charts
UMC Setup Rating and Analysis
UMC has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
UMC Support and Resistance Analysis
7.37
4 important support areas can be observed.
- A support zone ranging from 8.86 to 8.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.11 from a trend line in the weekly time frame.
- Support @7.73 from a trend line in the daily time frame.
- Support @7.44 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.20 to 9.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
UMC Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for UMC is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for UMC is down. |
| ChartMill Relative Strength | 85.06 | POSITIVE | UMC has a high relative strength, it outperformed 85.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of UMC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of UMC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of UMC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.55 | NEUTRAL | The RSI value for UMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests UMC has a negative trend. |
| Stochastics (14,3) | 18.22 | OVERSOLD | The low Stochastics value suggests UMC may be oversold. |
| Average True Range in percent/ATR (20) | 3.5 | MEDIUM VOLATILITY | The ATR as a percentage value for UMC suggests some volalility. |
| Average Directional Index/ADX (14) | 21.66 | NEUTRAL | The ADX value for UMC suggests a possible start of a new trend. |
UMC Chart- and CandleStick Pattern Analysis
UMC Technicals: Chart, Performance Metrics, Trend & Indicators
8.87
-0.15 (-1.66%)
UNITED MICROELECTRON-SP ADR / UMC TA FAQ
Can you provide the ChartMill technical rating for UNITED MICROELECTRON-SP ADR?
ChartMill assigns a technical rating of 6 / 10 to UMC.
What is the current trend direction of UNITED MICROELECTRON-SP ADR (UMC) stock?
The current trend direction for UNITED MICROELECTRON-SP ADR (UMC) is Bullish.
Can you provide the RSI signal for UNITED MICROELECTRON-SP ADR?
UNITED MICROELECTRON-SP ADR (UMC) has an RSI value of 36.5458. This indicates that the stock is currently neutral.
What is the MACD signal for UNITED MICROELECTRON-SP ADR (UMC) stock?
The MACD indicator for UNITED MICROELECTRON-SP ADR (UMC) has a value of -0.051126, indicating a bearish trend.
What is the buy/sell signal for UNITED MICROELECTRON-SP ADR (UMC) stock?
The buy/sell signal for UNITED MICROELECTRON-SP ADR (UMC) is hold as the short term and long term trends are mixed.