(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 2024-08-15 View latest technical analysis
10 day averaged volume of Shinhan Financial is 126410
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Thu Aug 2024 | 41.23 | 41.32 | 41.61 | 41.03 | 1.347 times |
| 14 Wed Aug 2024 | 40.89 | 40.79 | 41.28 | 40.49 | 2.329 times |
| 13 Tue Aug 2024 | 41.13 | 40.50 | 41.14 | 40.39 | 0.755 times |
| 12 Mon Aug 2024 | 39.34 | 39.60 | 39.69 | 39.24 | 0.546 times |
| 09 Fri Aug 2024 | 39.82 | 39.79 | 40.03 | 39.54 | 0.83 times |
| 08 Thu Aug 2024 | 39.98 | 39.53 | 40.28 | 39.53 | 0.714 times |
| 07 Wed Aug 2024 | 38.81 | 39.73 | 39.93 | 38.80 | 0.95 times |
| 06 Tue Aug 2024 | 39.15 | 38.21 | 39.40 | 38.21 | 0.968 times |
| 05 Mon Aug 2024 | 39.53 | 38.49 | 39.71 | 38.44 | 0.955 times |
| 02 Fri Aug 2024 | 40.96 | 41.58 | 41.58 | 40.85 | 0.736 times |
My analysis of stock is bullish for shortterm, and stock might move up till 42.1 or till 44.2. Use a stoploss of 40.45 and if this stock hits its stoploss, then it can fall down till 38.76
Share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Target | 29.25 |
| Downside Target | 33.03 |
| Downside Target | 34.49 |
| Downside Target | 35.47 |
| Downside Target | 36.33 |
| Downside Target | 37.13 |
| Downside Target | 38.21 |
| Downside Target | 40.28 |
| Downside Target | 40.85 |
| Upside Target | 41.61 |
| Upside Target | 41.97 |
| Upside Target | 43.67 |
| Upside Target | 43.93 |
Intraday share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Intraday Target | 39.78 |
| Downside Intraday Target | 38.32 |
| Upside Intraday Target | 42.15 |
| Upside Intraday Target | 43.06 |
| Downside Intraday Target | 40.69 |
Weekly technical analysis of Shinhan Financial (SHG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Thu Aug 2024 | 41.23 | 39.60 | 41.61 | 39.24 | 1.127 times |
| 09 Fri Aug 2024 | 39.82 | 38.49 | 40.28 | 38.21 | 0.886 times |
| 02 Fri Aug 2024 | 40.96 | 43.14 | 43.93 | 40.85 | 1.24 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 |
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 Thu Aug 2024 | 41.23 | 43.69 | 43.93 | 38.21 | 0.57 times |
| 31 Wed Jul 2024 | 43.33 | 34.84 | 43.67 | 34.59 | 1.243 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 |
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 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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 40.23 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 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 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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 40.23 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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.