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Is UMC showing downside potential? Fell Below 20 Day Moving Average shows up after crashing 5.25%

United Microelectronics Corporation (UMC) — Nightly Technical Analysis · Aug 18, 2026, 17:42 ET
UMC closed down 5.25% on Tuesday, August 18th, with volume running 1.1× above average. reversal patterns detected: Doji - Bullish?, indicating a possible trend change. Key support levels exist at 18.18, 17.85 & 17.56, with resistance at 18.8, 19.09 & 19.42.

Current SwingTradeBot Technical Rating of UMC: C

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United Microelectronics Corporation (UMC)