(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.
Showing technical analysis as on 2024-05-08 View latest technical analysis
10 day averaged volume of Shinhan Financial is 90470
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 34.80 | 34.49 | 34.80 | 34.36 | 0.73 times |
| 07 Tue May 2024 | 33.93 | 34.30 | 34.30 | 33.93 | 0.937 times |
| 06 Mon May 2024 | 34.86 | 34.80 | 34.87 | 34.57 | 0.609 times |
| 03 Fri May 2024 | 34.50 | 34.52 | 34.62 | 34.38 | 0.825 times |
| 02 Thu May 2024 | 33.62 | 33.62 | 33.81 | 33.26 | 0.861 times |
| 01 Wed May 2024 | 33.72 | 33.74 | 34.15 | 33.60 | 0.482 times |
| 30 Tue Apr 2024 | 33.75 | 34.01 | 34.01 | 33.69 | 0.938 times |
| 29 Mon Apr 2024 | 34.28 | 34.16 | 34.30 | 33.98 | 1.083 times |
| 26 Fri Apr 2024 | 34.16 | 33.85 | 34.38 | 33.81 | 1.539 times |
| 25 Thu Apr 2024 | 31.85 | 31.51 | 31.94 | 31.49 | 1.049 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 34.2, but if it comes below 34.2, then a intra day sell could be more profitable.
If you take a sell trade below 34.2, then use 34.2 as stoploss and 32.36 as target. However if you take a buy trade in stock , then use 34.2 as stoploss and 36.5 as target.
Share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Target | 27.09 |
| Downside Target | 29.25 |
| Downside Target | 29.96 |
| Downside Target | 30.69 |
| Downside Target | 32.49 |
| Downside Target | 33.26 |
| Downside Target | 33.98 |
| Downside Target | 34.38 |
| Downside Target | 34.49 |
| Downside Target | 34.62 |
| Upside Target | 34.87 |
| Upside Target | 38.65 |
Intraday share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Intraday Target | 34.2 |
| Downside Intraday Target | 33.59 |
| Upside Intraday Target | 35.14 |
| Upside Intraday Target | 35.47 |
| Downside Intraday Target | 34.53 |
Weekly technical analysis of Shinhan Financial (SHG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 34.80 | 34.80 | 34.87 | 33.93 | 0.543 times |
| 03 Fri May 2024 | 34.50 | 34.16 | 34.62 | 33.26 | 0.48 times |
| 26 Fri Apr 2024 | 34.16 | 32.03 | 34.38 | 31.47 | 1.527 times |
| 19 Fri Apr 2024 | 30.49 | 30.42 | 30.69 | 29.25 | 0.398 times |
| 12 Fri Apr 2024 | 30.00 | 33.04 | 33.44 | 29.96 | 1.928 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 Wed May 2024 | 34.80 | 33.74 | 34.87 | 33.26 | 0.116 times |
| 30 Tue Apr 2024 | 33.75 | 34.08 | 34.49 | 29.25 | 1.185 times |
| 28 Thu Mar 2024 | 35.49 | 32.69 | 38.65 | 32.49 | 1.155 times |
| 29 Thu Feb 2024 | 32.58 | 31.80 | 33.98 | 31.14 | 0.801 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Shinhan Financial stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Shinhan Financial in short term and the buy signal is strong.
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 moving up
CCI has generated a buy signal for Shinhan Financial in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 33.9 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 rising upwards.
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 is giving positive 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Shinhan Financial stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Shinhan Financial in short term and the buy signal is strong.
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 moving up
CCI has generated a buy signal for Shinhan Financial in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 33.9 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 rising upwards.
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 is giving positive 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.