UMC's 15min Chart Triggers MACD Death Cross, RSI Overbought Signal

Based on the 15-minute chart for UMC, the MACD indicator has recently crossed below the signal line, indicating a potential downtrend in the stock price. Additionally, the RSI (Relative Strength Index) has reached an overbought level of 70, which suggests that the stock price has risen too rapidly and may be due for a correction. This suggests that the stock price may continue to decline, as it has surpassed the level of fundamental support.