· Weekly signal · UMC
United Microelectronics (UMC) stretches 12-week semiconductor rally to 171.5%
The weekly setup shows broad momentum, with shorter-term gains still building and confirmation from trend and relative-strength readings.
United Microelectronics (UMC) closed the latest week at $24.08, rising 11.3% as the NYSE-listed semiconductor foundry extended its weekly price path over 52 weeks.
The advance is supported by an active trend state, Market Dynamics confirmation at 1.82 and Relative Strength of 121.9. Turnover was less forceful, with 72.9 million shares traded versus a 13-week average of 70.6 million.