United Microelectronics (Germany) Technical Analysis

UMCB Stock  EUR 8.50  0.10  1.16%   
As of the 19th of February, United Microelectronics has the Risk Adjusted Performance of 0.1314, semi deviation of 2.82, and Coefficient Of Variation of 639.89. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of United Microelectronics, as well as the relationship between them. Please validate United Microelectronics standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if United Microelectronics is priced more or less accurately, providing market reflects its prevalent price of 8.5 per share.

United Microelectronics Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as United, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to United
  
United Microelectronics' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Please note, there is a significant difference between United Microelectronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Microelectronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, United Microelectronics' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.

United Microelectronics 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to United Microelectronics' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of United Microelectronics.
0.00
11/21/2025
No Change 0.00  0.0 
In 3 months and 1 day
02/19/2026
0.00
If you would invest  0.00  in United Microelectronics on November 21, 2025 and sell it all today you would earn a total of 0.00 from holding United Microelectronics or generate 0.0% return on investment in United Microelectronics over 90 days. United Microelectronics is related to or competes with PT Bank, BK MANDIRI, PT Bank, Samsung Electronics, Samsung Electronics, Samsung Electronics, and Samsung Electronics. United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, Singapore, China, the United St... More

United Microelectronics Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure United Microelectronics' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess United Microelectronics upside and downside potential and time the market with a certain degree of confidence.

United Microelectronics Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for United Microelectronics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as United Microelectronics' standard deviation. In reality, there are many statistical measures that can use United Microelectronics historical prices to predict the future United Microelectronics' volatility.
Hype
Prediction
LowEstimatedHigh
4.878.5312.19
Details
Intrinsic
Valuation
LowRealHigh
4.648.3011.96
Details
Naive
Forecast
LowNextHigh
5.028.6812.34
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as United Microelectronics. Your research has to be compared to or analyzed against United Microelectronics' peers to derive any actionable benefits. When done correctly, United Microelectronics' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in United Microelectronics.

United Microelectronics February 19, 2026 Technical Indicators

United Microelectronics Backtested Returns

United Microelectronics appears to be slightly risky, given 3 months investment horizon. United Microelectronics owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16 % return per unit of risk over the last 3 months. By inspecting United Microelectronics' technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please review United Microelectronics' Semi Deviation of 2.82, coefficient of variation of 639.89, and Risk Adjusted Performance of 0.1314 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, United Microelectronics holds a performance score of 12. The entity has a beta of -0.25, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning United Microelectronics are expected to decrease at a much lower rate. During the bear market, United Microelectronics is likely to outperform the market. Please check United Microelectronics' information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether United Microelectronics' existing price patterns will revert.

Auto-correlation

    
  0.64  

Good predictability

United Microelectronics has good predictability. Overlapping area represents the amount of predictability between United Microelectronics time series from 21st of November 2025 to 5th of January 2026 and 5th of January 2026 to 19th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of United Microelectronics price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current United Microelectronics price fluctuation can be explain by its past prices.
Correlation Coefficient0.64
Spearman Rank Test0.61
Residual Average0.0
Price Variance0.9
United Microelectronics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of United Microelectronics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of United Microelectronics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

United Microelectronics Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of United Microelectronics volatility. High ATR values indicate high volatility, and low values indicate low volatility.

About United Microelectronics Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of United Microelectronics on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of United Microelectronics based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on United Microelectronics price pattern first instead of the macroeconomic environment surrounding United Microelectronics. By analyzing United Microelectronics's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of United Microelectronics's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to United Microelectronics specific price patterns or momentum indicators. Please read more on our technical analysis page.

United Microelectronics February 19, 2026 Technical Indicators

Most technical analysis of United help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for United from various momentum indicators to cycle indicators. When you analyze United charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

United Microelectronics February 19, 2026 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as United stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for United Stock analysis

When running United Microelectronics' price analysis, check to measure United Microelectronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United Microelectronics is operating at the current time. Most of United Microelectronics' value examination focuses on studying past and present price action to predict the probability of United Microelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Microelectronics' price. Additionally, you may evaluate how the addition of United Microelectronics to your portfolios can decrease your overall portfolio volatility.
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