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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 2024-08-27 View latest technical analysis

10 day averaged volume of Shinhan Financial is 136316

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	44.95	44.61	45.13	44.61	0.523 times
26 Mon Aug 2024	45.71	45.92	46.05	45.61	0.498 times
23 Fri Aug 2024	45.52	44.67	45.58	44.58	0.994 times
22 Thu Aug 2024	43.49	43.87	43.94	43.39	0.531 times
21 Wed Aug 2024	43.89	43.81	44.08	43.71	1.397 times
20 Tue Aug 2024	43.76	43.74	43.90	43.61	0.69 times
19 Mon Aug 2024	43.25	42.78	43.29	42.70	0.708 times
16 Fri Aug 2024	41.36	40.97	41.45	40.61	1.073 times
15 Thu Aug 2024	41.23	41.32	41.61	41.03	1.249 times
14 Wed Aug 2024	40.89	40.79	41.28	40.49	2.16 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 44.1, but if it comes below 44.1, then a intra day sell could be more profitable.
If you take a sell trade below 44.1, then use 44.1 as stoploss and 41.96 as target. However if you take a buy trade in stock , then use 44.1 as stoploss and 46.7 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	39.24
Downside Target	40.28
Downside Target	42.70
Downside Target	43.67
Downside Target	43.93
Downside Target	44.61
Upside Target	45.58
Upside Target	46.05

Intraday share price targets for Shinhan Financial (SHG)

Target Type	Value
Downside Intraday Target	44.36
Downside Intraday Target	43.76
Upside Intraday Target	45.8
Upside Intraday Target	46.64
Upside Intraday Target	45.2

Weekly technical analysis of Shinhan Financial (SHG)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	44.95	45.92	46.05	44.61	0.236 times
23 Fri Aug 2024	45.52	42.78	45.58	42.70	0.76 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

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
27 Tue Aug 2024	44.95	43.69	46.05	38.21	0.917 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 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 tired and bears are picking up momentum.

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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 42.85 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.