(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 2024-06-11 View latest technical analysis
10 day averaged volume of Shinhan Financial is 91770
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Tue Jun 2024 | 33.54 | 33.67 | 33.67 | 33.32 | 0.873 times |
| 10 Mon Jun 2024 | 33.95 | 33.77 | 33.97 | 33.59 | 1.23 times |
| 07 Fri Jun 2024 | 34.04 | 33.95 | 34.32 | 33.95 | 1.09 times |
| 06 Thu Jun 2024 | 33.60 | 33.68 | 33.72 | 33.58 | 0.663 times |
| 05 Wed Jun 2024 | 33.63 | 33.53 | 33.63 | 33.25 | 0.73 times |
| 04 Tue Jun 2024 | 33.21 | 33.31 | 33.31 | 33.03 | 1.067 times |
| 03 Mon Jun 2024 | 34.35 | 34.62 | 34.64 | 34.16 | 0.878 times |
| 31 Fri May 2024 | 34.40 | 34.18 | 34.41 | 34.03 | 1.03 times |
| 30 Thu May 2024 | 33.97 | 33.77 | 34.11 | 33.76 | 1.262 times |
| 29 Wed May 2024 | 33.77 | 33.91 | 33.91 | 33.74 | 0.87 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 33.7, but if it comes above 33.7, then a intra day buy could be more profitable.
If you take a sell trade below 33.7, then use 33.7 as stoploss and 32.7 as target. However if you take a buy trade in stock , then use 33.7 as stoploss and 34.59 as target.
Share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Target | 29.25 |
| Downside Target | 31.14 |
| Downside Target | 32.49 |
| Upside Target | 34.49 |
| Upside Target | 34.64 |
| Upside Target | 34.79 |
| 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 | 33.25 |
| Downside Intraday Target | 32.96 |
| Upside Intraday Target | 33.9 |
| Upside Intraday Target | 34.26 |
| Upside Intraday Target | 33.61 |
Weekly technical analysis of Shinhan Financial (SHG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Tue Jun 2024 | 33.54 | 33.77 | 33.97 | 33.32 | 0.475 times |
| 07 Fri Jun 2024 | 34.04 | 34.62 | 34.64 | 33.03 | 1.02 times |
| 31 Fri May 2024 | 34.40 | 34.49 | 34.49 | 33.74 | 0.699 times |
| 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 |
Price has moved down 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 |
| 11 Tue Jun 2024 | 33.54 | 34.62 | 34.64 | 33.03 | 0.327 times |
| 31 Fri May 2024 | 34.40 | 33.74 | 36.33 | 33.26 | 0.528 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 |
Scroll below to view daily charts
Price has moved down 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Shinhan Financial ( (SHG) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Shinhan Financial ( (SHG) ) based on a short to mid 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 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 and the sell signal is strong.
Shinhan Financial Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shinhan Financial in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Shinhan Financial is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 33.86 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Shinhan Financial ( (SHG) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Shinhan Financial ( (SHG) ) based on a short to mid 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 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 and the sell signal is strong.
Shinhan Financial Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shinhan Financial in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Shinhan Financial is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 33.86 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 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.