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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 2024-09-16 View latest technical analysis

10 day averaged volume of Shinhan Financial is 107700

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	42.84	42.74	42.89	42.31	0.802 times
13 Fri Sep 2024	42.21	42.25	42.45	42.06	0.809 times
12 Thu Sep 2024	40.52	40.16	40.64	40.03	1.106 times
11 Wed Sep 2024	40.24	39.89	40.32	39.27	1.542 times
10 Tue Sep 2024	41.86	42.44	42.44	41.47	0.778 times
09 Mon Sep 2024	42.29	42.15	42.40	41.88	0.69 times
06 Fri Sep 2024	42.00	42.78	42.87	41.68	1.558 times
05 Thu Sep 2024	42.43	42.33	42.52	42.14	0.923 times
04 Wed Sep 2024	41.97	41.60	42.20	41.58	0.645 times
03 Tue Sep 2024	42.03	42.45	42.52	41.93	0.747 times

My analysis of stock is bearish for shortterm, and stock might move down till 41.5 or till 39.8. Use a stoploss of 42.85 and if the stock hits stoploss, then it can shoot up till 44.24

Share price targets for Shinhan Financial (SHG)

Target Type	Value
Downside Target	33.03
Downside Target	34.59
Downside Target	35.47
Downside Target	36.33
Downside Target	38.21
Downside Target	39.27
Downside Target	41.58
Upside Target	42.87
Upside Target	42.89
Upside Target	43.67
Upside Target	46.05

Intraday share price targets for Shinhan Financial (SHG)

Target Type	Value
Downside Intraday Target	42.47
Downside Intraday Target	42.1
Upside Intraday Target	43.05
Upside Intraday Target	43.26
Downside Intraday Target	42.68

Weekly technical analysis of Shinhan Financial (SHG)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	42.84	42.74	42.89	42.31	0.163 times
13 Fri Sep 2024	42.21	42.15	42.45	39.27	1.272 times
06 Fri Sep 2024	42.00	42.45	42.87	41.58	3.221 times
30 Fri Aug 2024	42.45	42.29	42.49	42.07	0.253 times
30 Fri Aug 2024	42.45	45.92	46.05	42.07	0.868 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
16 Mon Sep 2024	42.84	42.45	42.89	39.27	0.368 times
30 Fri Aug 2024	42.45	43.69	46.05	38.21	1.117 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

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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 SELL. Signal strength is Weak and stock is losing 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 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 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 41.69 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 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.