(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 2024-05-24 View latest technical analysis
10 day averaged volume of Shinhan Financial is 84816
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Fri May 2024 | 35.00 | 34.80 | 35.07 | 34.79 | 0.983 times |
| 23 Thu May 2024 | 34.58 | 35.16 | 35.21 | 34.46 | 1.491 times |
| 22 Wed May 2024 | 35.07 | 35.33 | 35.39 | 34.97 | 0.968 times |
| 21 Tue May 2024 | 36.12 | 36.04 | 36.13 | 35.87 | 1.517 times |
| 20 Mon May 2024 | 36.11 | 36.08 | 36.33 | 35.99 | 1.761 times |
| 17 Fri May 2024 | 35.56 | 35.47 | 35.57 | 35.27 | 0.572 times |
| 16 Thu May 2024 | 35.66 | 35.73 | 35.83 | 35.60 | 0.493 times |
| 15 Wed May 2024 | 35.64 | 35.50 | 35.74 | 35.38 | 0.894 times |
| 14 Tue May 2024 | 35.20 | 35.00 | 35.21 | 34.79 | 0.608 times |
| 13 Mon May 2024 | 35.06 | 35.15 | 35.18 | 34.98 | 0.628 times |
My analysis of stock is bullish for shortterm, and stock might move up till 35.6 or till 36.5. Use a stoploss of 34.84 and if this stock hits its stoploss, then it can fall down till 34.1
Share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Target | 27.09 |
| Downside Target | 29.25 |
| Downside Target | 31.02 |
| Downside Target | 32.49 |
| Downside Target | 33.26 |
| Downside Target | 33.93 |
| Downside Target | 34.62 |
| Downside Target | 34.79 |
| Upside Target | 35.22 |
| Upside Target | 35.83 |
| Upside Target | 36.33 |
| Upside Target | 38.65 |
Intraday share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Intraday Target | 34.2 |
| Downside Intraday Target | 33.39 |
| Upside Intraday Target | 36.07 |
| Upside Intraday Target | 37.13 |
| Upside Intraday Target | 35.26 |
Weekly technical analysis of Shinhan Financial (SHG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Fri May 2024 | 35.00 | 36.08 | 36.33 | 34.46 | 2.103 times |
| 17 Fri May 2024 | 35.56 | 35.15 | 35.83 | 34.79 | 0.685 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Shinhan Financial (SHG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 24 Fri May 2024 | 35.00 | 33.74 | 36.33 | 33.26 | 0.413 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Shinhan Financial ( (SHG) ) based on a short 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.
Price action analysis of Shinhan Financial ( (SHG) ) based on a short to mid 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Shinhan Financial in short term but the sell signal is initial and weak.
Shinhan Financial Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Shinhan Financial in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 35.45 and Shinhan Financial (SHG) stock is trading below this level. This means that stock is falling with high volumes. 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Shinhan Financial ( (SHG) ) based on a short 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.
Price action analysis of Shinhan Financial ( (SHG) ) based on a short to mid 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Shinhan Financial in short term but the sell signal is initial and weak.
Shinhan Financial Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Shinhan Financial in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 35.45 and Shinhan Financial (SHG) stock is trading below this level. This means that stock is falling with high volumes. 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 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.