UNITED MICROELECTRON-SP ADR (UMC) Stock Technical Analysis
NYSE:UMC - New York Stock Exchange, Inc. - US9108734057 - ADR - Currency: USD
Taking everything into account, UMC scores 7 out of 10 in our technical rating. UMC has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
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 109 other stocks in this industry. UMC outperforms 89% of them.
UMC has an average volume of 15666100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, UMC turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
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.
In the last month UMC has a been trading in the 5.71 - 7.87 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 excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 6.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.67, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for UMC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.05
8.84
2 important support areas can be observed.
- A support zone ranging from 6.57 to 6.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.11 to 6.22. 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 6.88 to 6.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 7.16 to 7.24. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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
CRS67.64
Mansfield-0.27
10 Day High6.97
10 Day Low5.71
20 Day High7.87
20 Day Low5.71
52 Week High9
52 Week Low5.61
Performance
1 Week4.13%
2 Weeks5.75%
1 Month1.19%
3 Month8.44%
6 Month-11.9%
12 Month-7.97%
2 Year-15.19%
3 Year-14.45%
5 Year172.4%
10 Year181.41%
15 Year91.83%
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)0.03
RSI(14)53.84
LBB6.04
UBB7.3
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 6.99 | 6.56 | 0.43 (6.15%) | 16.26% |
| An entry @6.99. This is a Buy Stop order right above the resistance zone. | An exit @6.56. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.43 points, which is 6.15%. | When investing 16.26% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of UMC. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
6.81
-0.04 (-0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.58%
1 Week4.13%
2 Weeks5.75%
1 Month1.19%
3 Month8.44%
6 Month-11.9%
12 Month-7.97%
2 Year-15.19%
3 Year-14.45%
5 Year172.4%
10 Year181.41%
15 Year91.83%
Volatility
ATR(14)0.42
ATR(20)%4.89%
ATR Inc-58.32%
Range Today0.14
ADR(20)0.3
ADR(20)%4.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.64
Mansfield-0.27
10 Day High6.97
10 Day Low5.71
20 Day High7.87
20 Day Low5.71
52 Week High9
52 Week Low5.61
CS1 End6.67
CR1 Start6.88
Volume & EV
DER(3)6.95%
DER(5)3.74%
Volume13.57M
Volume Incr-23.44%
Vol(5)13.03M
Vol(50)15.67M