UNITED MICROELECTRON-SP ADR (UMC) Stock Technical Analysis
USA - NYSE:UMC - US9108734057 - ADR
7.18 USD
-0.3 (-4.01%)
7.18 USD
0 (0%)
Taking everything into account, UMC scores 5 out of 10 in our technical rating. UMC has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, UMC is a bad performer in the overall market: 77% of all stocks are doing better.
UMC is part of the Semiconductors & Semiconductor Equipment industry. There are 112 other stocks in this industry, of which 66% are performing better than UMC.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
UMC has an average volume of 6619390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
UMC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so UMC is lagging the market.
In the last month UMC has a been trading in the 6.77 - 7.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
UMC has an average technical rating and it also does not offer a high quality setup 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
6.50
8.27
We found 2 important support areas.
- A support zone ranging from 6.72 to 6.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.57 to 6.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 7.29 to 7.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @7.97 from a trend line in the weekly time frame.
- Resistance @8.19 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for UMC is neutral. |
| ChartMill Relative Strength | 23.91 | NEGATIVE | UMC has a low relative strength, it was outperformed by 76.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of UMC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of UMC is above 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) | 48.36 | NEUTRAL | The RSI value for UMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests UMC has a negative trend. |
| Stochastics (14,3) | 48.58 | NEUTRAL | The Stochastics value for UMC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for UMC suggests some volalility. |
| Average Directional Index/ADX (14) | 22.72 | NEUTRAL | The ADX value for UMC suggests a possible start of a new trend. |
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)
7.18
-0.3 (-4.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-4.01%
1 Week-0.97%
2 Weeks-4.77%
1 Month6.21%
3 Month-4.27%
6 Month4.51%
12 Month-11.25%
2 Year0.84%
3 Year21.08%
5 Year35.47%
10 Year288.11%
15 Year132.36%
Volatility
ATR(14)0.18
ATR(20)%2.33%
ATR Inc39.84%
Range Today0.32
ADR(20)0.14
ADR(20)%1.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.91
Mansfield-0.54
10 Day High7.66
10 Day Low7.18
20 Day High7.66
20 Day Low6.77
52 Week High8.33
52 Week Low5.61
CS1 End6.75
CR1 Start7.29
Volume & EV
DER(3)0.72%
DER(5)-0.39%
Volume13.24M
Volume Incr24.77%
Vol(5)8.05M
Vol(50)6.62M