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Understanding United Micro Electronics ADR Inc. (UMC) Price Performance Through Chart Patterns

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Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -3.31%. However, over the past six months, we’ve seen a weaker performance of 17.53%. The price of UMC leaped by -0.85% over the last 30 days. And in the last five days, it has surged by 0.62%.

In terms of market performance, United Micro Electronics ADR had a fairly uneven. The highest value for the stock in the past year was $8.97 on 06/15/23, and the lowest value was recorded at $6.71 on 08/16/23.

52-week price history of UMC Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. United Micro Electronics ADR’s current trading price is -8.81% away from its 52-week high, while its distance from the 52-week low is 21.91%. The stock’s price range during this period has varied between$6.71 and $8.97. The United Micro Electronics ADR’s shares, which operate in the Technology, saw a trading volume of around 5.58 million for the day, a figure considerably lower than their average daily volume of 7.6 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

United Micro Electronics ADR (UMC) has experienced a quarterly rise of 0.99% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 20.50B.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 7.96, with a change in price of +0.52. Similarly, United Micro Electronics ADR recorded 7,001,723 in trading volume during the last 100 days, posting a change of +6.79%.

UMC’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for UMC stands at 0.22. Similarly, the long-term debt-to-equity ratio is also 0.14.

UMC Stock Stochastic Average

United Micro Electronics ADR’s raw stochastic average for the past 50 days is presently 69.46%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 46.55%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 29.31% and 34.45%, respectively.