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(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 2024-07-30 View latest technical analysis

10 day averaged volume of Shinhan Financial is 107375

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	42.90	43.09	43.25	42.84	1.06 times
29 Mon Jul 2024	43.28	43.14	43.37	42.85	1.621 times
26 Fri Jul 2024	41.90	40.64	41.97	40.32	1.234 times
25 Thu Jul 2024	38.81	38.88	39.34	38.80	1.207 times
24 Wed Jul 2024	38.54	39.50	39.65	38.53	0.867 times
23 Tue Jul 2024	39.33	39.33	39.52	39.17	0.572 times
22 Mon Jul 2024	39.30	39.45	39.57	38.97	0.855 times
19 Fri Jul 2024	37.67	38.00	38.13	37.63	0.71 times
18 Thu Jul 2024	37.95	38.73	38.73	37.88	0.742 times
17 Wed Jul 2024	38.36	38.67	38.67	38.27	1.187 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 42.7, for a target of 40.5 or 38.67

Share price targets for Shinhan Financial (SHG)

Target Type	Value
Downside Target	29.25
Downside Target	32.49
Downside Target	34.49
Downside Target	35.47
Downside Target	36.33
Downside Target	38.12
Downside Target	38.53
Downside Target	38.65
Downside Target	38.73
Downside Target	41.97
Downside Target	42.84
Upside Target	43.37

Intraday share price targets for Shinhan Financial (SHG)

Target Type	Value
Downside Intraday Target	42.7
Downside Intraday Target	42.51
Upside Intraday Target	43.23
Upside Intraday Target	43.57
Upside Intraday Target	43.04

Weekly technical analysis of Shinhan Financial (SHG)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	42.90	43.14	43.37	42.84	0.566 times
26 Fri Jul 2024	41.90	39.45	41.97	38.53	1.12 times
19 Fri Jul 2024	37.67	37.48	38.73	37.13	0.771 times
12 Fri Jul 2024	37.65	37.73	38.12	37.03	2.083 times
05 Fri Jul 2024	38.31	36.65	38.49	36.65	0.941 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
30 Tue Jul 2024	42.90	34.84	43.37	34.59	1.196 times
28 Fri Jun 2024	34.81	34.62	35.47	33.03	1.106 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

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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Shinhan Financial stock for short term is BUY. Signal strength is Strong and stock is losing 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 green color and prices are above 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 and the buying is gaining 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 40.19 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.