Market update
What happened
United Microelectronics (UMC) finished the latest week at 21.63 USD, with the weekly price path over 52 weeks showing a sustained advance rather than an intraday move.
The setup is supported by a 25.8% four-week gain, Market Dynamics confirmation at 1.93, and Relative Strength of 106.4. The complicating valuation note is that the close sits well above the 7.82 USD fair-value marker.