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UMC Stock Tickeron detected bullish Stock Pattern: Head-and-Shoulders Bottom UMC on March 31, 2025, netting in a 1.34% gain over 1 month

A.I.dvisor
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+1.34% Gain from a Successful pattern Head-and-Shoulders Bottom
UMC - United Microelectronic Corp
Tickeron
Ticker: UMC
Company: United Microelectronic
Gain: +1.34%
Confirmed: 03/31/25
Succeeded: 04/22/25
Total length: 32 days
On March 21, 2025, A.I.dvisor detected a Head-and-Shoulders Bottom Pattern (Bullish) for United Microelectronic Corp (UMC, $6.71). On March 31, 2025, A.I.dvisor confirmed the Bullish pattern, setting a target price of $7.17. 22 days later, on April 22, 2025, UMC reached the target price resulting in a for traders who took a long position in the stock.

Momentum Indicator for UMC turns positive, indicating new upward trend

UMC saw its Momentum Indicator move above the 0 level on April 16, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 95 similar instances where the indicator turned positive. In of the 95 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for UMC just turned positive on April 14, 2025. Looking at past instances where UMC's MACD turned positive, the stock continued to rise in of 43 cases over the following month. The odds of a continued upward trend are .

UMC moved above its 50-day moving average on April 09, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where UMC advanced for three days, in of 265 cases, the price rose further within the following month. The odds of a continued upward trend are .

UMC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 201 cases where UMC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where UMC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.467) is normal, around the industry mean (9.398). P/E Ratio (11.785) is within average values for comparable stocks, (66.905). Projected Growth (PEG Ratio) (1.430) is also within normal values, averaging (2.362). UMC's Dividend Yield (0.067) is considerably higher than the industry average of (0.024). P/S Ratio (2.401) is also within normal values, averaging (57.508).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock slightly better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. UMC’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

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UMC
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General Information

a manufcaturer of micro chips, semiconductors, and components for liquid crystal display production

Industry Semiconductors

Profile
Fundamentals
Details
Industry
Semiconductors
Address
No. 3, Li-Hsin 2nd Road
Phone
+886 35782258
Employees
15116
Web
https://www.umc.com