(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 2024-08-19 View latest technical analysis
10 day averaged volume of Shinhan Financial is 133370
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 43.25 | 42.78 | 43.29 | 42.70 | 0.724 times |
| 16 Fri Aug 2024 | 41.36 | 40.97 | 41.45 | 40.61 | 1.096 times |
| 15 Thu Aug 2024 | 41.23 | 41.32 | 41.61 | 41.03 | 1.277 times |
| 14 Wed Aug 2024 | 40.89 | 40.79 | 41.28 | 40.49 | 2.207 times |
| 13 Tue Aug 2024 | 41.13 | 40.50 | 41.14 | 40.39 | 0.715 times |
| 12 Mon Aug 2024 | 39.34 | 39.60 | 39.69 | 39.24 | 0.517 times |
| 09 Fri Aug 2024 | 39.82 | 39.79 | 40.03 | 39.54 | 0.787 times |
| 08 Thu Aug 2024 | 39.98 | 39.53 | 40.28 | 39.53 | 0.677 times |
| 07 Wed Aug 2024 | 38.81 | 39.73 | 39.93 | 38.80 | 0.901 times |
| 06 Tue Aug 2024 | 39.15 | 38.21 | 39.40 | 38.21 | 0.918 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 42.5, but if it comes below 42.5, then a intra day sell could be more profitable.
If you take a sell trade below 42.5, then use 42.5 as stoploss and 40.84 as target. However if you take a buy trade in stock , then use 42.5 as stoploss and 44.4 as target.
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 | 38.21 |
| Downside Target | 40.28 |
| Downside Target | 41.97 |
| Downside Target | 42.70 |
| Upside Target | 43.29 |
| Upside Target | 43.67 |
| Upside Target | 43.93 |
Intraday share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Intraday Target | 42.87 |
| Downside Intraday Target | 42.49 |
| Upside Intraday Target | 43.46 |
| Upside Intraday Target | 43.67 |
| Downside Intraday Target | 43.08 |
Weekly technical analysis of Shinhan Financial (SHG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 43.25 | 42.78 | 43.29 | 42.70 | 0.125 times |
| 16 Fri Aug 2024 | 41.36 | 39.60 | 41.61 | 39.24 | 1.388 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 |
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 |
| 19 Mon Aug 2024 | 43.25 | 43.69 | 43.93 | 38.21 | 0.666 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 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 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 gaining 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 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 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 40.59 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.
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 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 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 gaining 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 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 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 40.59 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.