United Microelectronics Corporation (UMC) Shares are Down -1.07%

United Microelectronics Corporation (UMC) : During the past 4 weeks, traders have been relatively bearish on United Microelectronics Corporation (UMC), hence the stock is down -0.54% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.23% relative to the S&P 500. The 4-week change in the price of the stock is -1.07% and the stock has fallen -1.07% in the past 1 week.

The stock has recorded a 20-day Moving Average of 0.43% and the 50-Day Moving Average is 2.13%.The 200 Day SMA reached 1.03%

United

United Microelectronics Corporation (NYSE:UMC): The stock was completely flat for the day, closing at $1.85 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $1.85, the stock touched an intraday high of $1.88 and a low of $1.85. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $1.85. The total trading volume on Friday was 1,135,048.

United Microelectronics Corporation is a global semiconductor foundry that provides technology and manufacturing for applications spanning various sectors of the integrated circuit (IC) industry. The Company operates through two segments: wafer fabrication and new business. The primary operating activity of the Companys wafer fabrication segment is the manufacture of chips to the design specifications of its customers by using its own processes and techniques. The new business segment primarily includes researching, developing, manufacturing, and providing solar energy and new generation light-emitting diode (LED). The Company provides turnkey solutions, testing services, package solution development and product yield management service. The Company maintains a customer base across various industries, including communication, consumer electronics, computer, memory and others. The Company also provides design support services.

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