United Microelectronics Corporation has beaten or met earnings estimates in 3 of the last 4 quarters with an average surprise of 28%, carries strong margins of 21% and a Piotroski score of 8 out of 9, but trades at essentially zero upside to resistance and negative asymmetry, leaving no room for a favorable entry at current prices.
Thesis pillars
- Strong Margins Piotroski Quality→Stable
- Earnings Beats With Large Surprises↓Deteriorating
- Price At Resistance Zero Upside→Stable
- +1 more pillar — see the Why tab for full reasoning
United Microelectronics Corpora (UMC) Stock Analysis
Range Bound setup
Technology · Semiconductors
Wait for pullback to $18.03. Insider activity concern — blocks BUY_NOW at $19.20. Engine's entry $18.03 (Default 5pct Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risk: Analyst target reached - limited upside remaining.
United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally. It manufactures and sells integrated circuits. The company offers circuit design; mask tooling; wafer... Read more
Wait for pullback to $18.03. Insider activity concern — blocks BUY_NOW at $19.20. Engine's entry $18.03 (Default 5pct Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risk: Analyst target reached - limited upside remaining. Chart setup: RSI 50 mid-range, Bollinger mid-band. Maintain position. Not compelling to add more. | News modifier +1 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Score 6.2/10, moderate confidence.
Passes 6/8 gates (positive momentum, no SEC red flags, news events none recent, earnings proximity 74d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-08-15Recent Developments — United Microelectronics Corpora
Latest news
- NEWS United Microelectronics (NYSE:UMC) Issues Earnings Results - MarketBeat — MarketBeat positive
- NEWS United Microelectronics Q2 Review: Well Off Its Highs, But The Sentiment Is Tough (UMC) - Seeking Alpha — Seeking Alpha negative
- NEWS What's Going on With United Microelectronics Stock Wednesday? - United Microelectronics (NYSE:UMC) - Benzinga — Benzinga neutral
- NEWS What's Going on With United Microelectronics Stock Wednesday? - United Microelectronics (NYSE:UMC) - benzinga.com — benzinga.com neutral
- NEWS Taiwan's UMC raises 2026 capex, expands Singapore and Taiwan fabs for AI demand - Reuters — Reuters positive
Generated 2026-08-15T13:12:19Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
10 dimensions · all in-band
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Wait for pullback to $18.03. Insider activity concern — blocks BUY_NOW at $19.20. Engine's entry $18.03 (Default 5pct Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risk: Analyst target reached - limited upside remaining. Chart setup: RSI 50 mid-range, Bollinger mid-band. Maintain position. Not compelling to add more. | News modifier +1 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Target $21.16 (+10.2%), stop $15.60 (−23.1%), A.R:R -1.3:1. Score 6.2/10, moderate confidence.
Take-profit target: $21.16 (-17.9% upside). Target $21.16 (+10.2%), stop $15.60 (−23.1%), A.R:R -1.3:1. Stop-loss: $15.60.
Analyst target reached - limited upside remaining.
United Microelectronics Corpora trades at a P/E of 19.0 (forward 21.8). TrendMatrix value score: 6.6/10. Verdict: Buy (Wait for Entry).
33 analysts cover UMC with a consensus score of 3.6/5. Average price target: $18.
What does United Microelectronics Corpora do?United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan,...
United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, China, Hong Kong, Japan, Korea, the United States, Europe, and internationally. It manufactures and sells integrated circuits. The company offers circuit design; mask tooling; wafer fabrication; and assembly and testing services for communication devices, consumer electronics, computer, and other applications. It also provides venture capital and marketing support; consulting and planning; energy technical; solar engineering integrated design; research and development services; and insurance services. United Microelectronics Corporation was incorporated in 1980 and is headquartered in Hsinchu City, Taiwan.