(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 2024-06-21 View latest technical analysis
10 day averaged volume of Shinhan Financial is 103540
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 33.93 | 34.46 | 34.46 | 33.93 | 1.243 times |
| 20 Thu Jun 2024 | 34.43 | 34.23 | 34.46 | 34.10 | 1.253 times |
| 18 Tue Jun 2024 | 33.58 | 33.38 | 33.67 | 33.27 | 1.001 times |
| 18 Tue Jun 2024 | 33.58 | 33.38 | 33.67 | 33.27 | 1.001 times |
| 17 Mon Jun 2024 | 33.88 | 33.72 | 33.91 | 33.58 | 0.736 times |
| 14 Fri Jun 2024 | 34.00 | 33.91 | 34.02 | 33.71 | 0.754 times |
| 13 Thu Jun 2024 | 34.14 | 34.71 | 34.71 | 33.94 | 1.34 times |
| 12 Wed Jun 2024 | 35.20 | 35.24 | 35.47 | 35.05 | 1.087 times |
| 11 Tue Jun 2024 | 33.54 | 33.67 | 33.67 | 33.32 | 0.774 times |
| 10 Mon Jun 2024 | 33.95 | 33.77 | 33.97 | 33.59 | 1.09 times |
My analysis of stock is bearish for shortterm, and stock might move down till 33.6 or till 33. Use a stoploss of 34.03 and if the stock hits stoploss, then it can shoot up till 34.51
Share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Target | 29.25 |
| Downside Target | 31.14 |
| Downside Target | 32.49 |
| Upside Target | 34.46 |
| Upside Target | 34.49 |
| Upside Target | 34.64 |
| Upside Target | 35.47 |
| Upside Target | 36.33 |
| Upside Target | 38.65 |
Intraday share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Intraday Target | 33.31 |
| Downside Intraday Target | 32.7 |
| Upside Intraday Target | 34.5 |
| Upside Intraday Target | 35.08 |
| Downside Intraday Target | 33.89 |
Weekly technical analysis of Shinhan Financial (SHG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 33.93 | 33.38 | 34.46 | 33.27 | 2.013 times |
| 18 Tue Jun 2024 | 33.58 | 33.72 | 33.91 | 33.27 | 0.344 times |
| 14 Fri Jun 2024 | 34.00 | 33.77 | 35.47 | 33.32 | 1.286 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 |
Price has moved up 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 |
| 21 Fri Jun 2024 | 33.93 | 34.62 | 35.47 | 33.03 | 0.803 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 BUY. Signal strength is Weak and stock is losing 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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 34.06 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 BUY. Signal strength is Weak and stock is losing 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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 34.06 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.