(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 2024-05-15 View latest technical analysis
10 day averaged volume of Shinhan Financial is 69650
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Wed May 2024 | 35.64 | 35.50 | 35.74 | 35.38 | 1.089 times |
| 14 Tue May 2024 | 35.20 | 35.00 | 35.21 | 34.79 | 0.741 times |
| 13 Mon May 2024 | 35.06 | 35.15 | 35.18 | 34.98 | 0.765 times |
| 10 Fri May 2024 | 34.99 | 35.22 | 35.22 | 34.87 | 1.298 times |
| 09 Thu May 2024 | 34.38 | 34.29 | 34.58 | 34.15 | 1.424 times |
| 08 Wed May 2024 | 34.80 | 34.49 | 34.80 | 34.36 | 0.948 times |
| 07 Tue May 2024 | 33.93 | 34.30 | 34.30 | 33.93 | 1.218 times |
| 06 Mon May 2024 | 34.86 | 34.80 | 34.87 | 34.57 | 0.791 times |
| 03 Fri May 2024 | 34.50 | 34.52 | 34.62 | 34.38 | 1.071 times |
| 02 Thu May 2024 | 33.62 | 33.62 | 33.81 | 33.26 | 1.118 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 35.1, but if it comes below 35.1, then a intra day sell could be more profitable.
If you take a sell trade below 35.1, then use 35.1 as stoploss and 33.59 as target. However if you take a buy trade in stock , then use 35.1 as stoploss and 37 as target.
Share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Target | 27.09 |
| Downside Target | 29.25 |
| Downside Target | 30.69 |
| Downside Target | 32.49 |
| Downside Target | 33.26 |
| Downside Target | 33.93 |
| Downside Target | 34.49 |
| Downside Target | 34.62 |
| Downside Target | 34.79 |
| Downside Target | 35.22 |
| Upside Target | 35.74 |
| Upside Target | 38.65 |
Intraday share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Intraday Target | 35.04 |
| Downside Intraday Target | 34.44 |
| Upside Intraday Target | 35.99 |
| Upside Intraday Target | 36.34 |
| Downside Intraday Target | 35.39 |
Weekly technical analysis of Shinhan Financial (SHG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Wed May 2024 | 35.64 | 35.15 | 35.74 | 34.79 | 0.457 times |
| 10 Fri May 2024 | 34.99 | 34.80 | 35.22 | 33.93 | 1.044 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 |
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 |
| 15 Wed May 2024 | 35.64 | 33.74 | 35.74 | 33.26 | 0.223 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 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 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 but buying 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 34.65 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 positive
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 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 but buying 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 34.65 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.