(SHG) Shinhan Financial complete technical analysis [charts+indicators] | Buy/Sell Shinhan Financial | (SHG) share price targets
Complete technical analysis of Shinhan Financial (SHG) by charts plus indicators, forecast predictions and share price targets for Shinhan Financial (SHG)
Shinhan Financial trades in USA in Finance sector.
10 day averaged volume of Shinhan Financial is 165290
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 40.55 | 40.94 | 40.94 | 40.31 | 0.636 times |
| 07 Thu Nov 2024 | 41.29 | 40.92 | 41.37 | 40.88 | 0.803 times |
| 06 Wed Nov 2024 | 39.98 | 40.01 | 40.17 | 39.68 | 2.397 times |
| 05 Tue Nov 2024 | 39.66 | 39.44 | 39.66 | 39.44 | 0.33 times |
| 04 Mon Nov 2024 | 39.24 | 39.50 | 39.67 | 39.24 | 0.602 times |
| 01 Fri Nov 2024 | 39.10 | 39.12 | 39.78 | 39.10 | 0.715 times |
| 31 Thu Oct 2024 | 37.82 | 37.69 | 38.00 | 37.41 | 1.639 times |
| 30 Wed Oct 2024 | 39.33 | 39.76 | 39.76 | 39.33 | 0.945 times |
| 29 Tue Oct 2024 | 40.86 | 40.78 | 41.01 | 40.76 | 1.074 times |
| 28 Mon Oct 2024 | 40.47 | 40.44 | 40.65 | 40.37 | 0.627 times |
My analysis of stock is bearish for shortterm, and stock might move down till 39.5 or till 38. Use a stoploss of 40.63 and if the stock hits stoploss, then it can shoot up till 41.81
Share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Target | 34.59 |
| Downside Target | 37.41 |
| Downside Target | 38.21 |
| Downside Target | 39.10 |
| Downside Target | 40.39 |
| Upside Target | 42.33 |
| Upside Target | 42.80 |
| Upside Target | 43.23 |
| Upside Target | 43.67 |
| Upside Target | 44.89 |
| Upside Target | 46.05 |
Intraday share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Intraday Target | 39.4 |
| Downside Intraday Target | 38.26 |
| Upside Intraday Target | 41.53 |
| Upside Intraday Target | 42.52 |
| Downside Intraday Target | 40.39 |
Weekly technical analysis of Shinhan Financial (SHG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 40.55 | 39.50 | 41.37 | 39.24 | 0.954 times |
| 01 Fri Nov 2024 | 39.10 | 40.44 | 41.01 | 37.41 | 1.81 times |
| 25 Fri Oct 2024 | 41.32 | 41.00 | 42.33 | 40.39 | 0.718 times |
| 18 Fri Oct 2024 | 41.51 | 42.71 | 43.23 | 41.36 | 0.524 times |
| 11 Fri Oct 2024 | 42.60 | 41.50 | 42.80 | 41.21 | 2.544 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Shinhan Financial (SHG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 40.55 | 39.12 | 41.37 | 39.10 | 0.268 times |
| 31 Thu Oct 2024 | 37.82 | 42.49 | 43.23 | 37.41 | 1.187 times |
| 30 Mon Sep 2024 | 42.37 | 42.45 | 44.89 | 39.27 | 1.013 times |
| 30 Fri Aug 2024 | 42.45 | 43.69 | 46.05 | 38.21 | 1.117 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Shinhan Financial (SHG)
Price action analysis of Shinhan Financial ( (SHG) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Shinhan Financial ( (SHG) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Shinhan Financial ( (SHG) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Shinhan Financial ( (SHG) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Shinhan Financial stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Shinhan Financial in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shinhan Financial Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Shinhan Financial in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Shinhan Financial is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 39.71 and Shinhan Financial (SHG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Shinhan Financial (SHG) stock. Volume based technical analysis of Shinhan Financial (SHG) stock is negative.
Shinhan Financial Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Shinhan Financial ( (SHG) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Shinhan Financial ( (SHG) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Shinhan Financial ( (SHG) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Shinhan Financial ( (SHG) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Shinhan Financial stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Shinhan Financial in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shinhan Financial Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Shinhan Financial in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Shinhan Financial is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 39.71 and Shinhan Financial (SHG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Shinhan Financial (SHG) stock. Volume based technical analysis of Shinhan Financial (SHG) stock is negative.
Shinhan Financial Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.