(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 2024-10-11 View latest technical analysis
10 day averaged volume of Shinhan Financial is 132370
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Fri Oct 2024 | 42.60 | 42.36 | 42.80 | 41.75 | 4.338 times |
| 10 Thu Oct 2024 | 42.08 | 42.07 | 42.21 | 41.91 | 0.894 times |
| 09 Wed Oct 2024 | 41.59 | 41.30 | 41.82 | 41.30 | 1.531 times |
| 08 Tue Oct 2024 | 41.51 | 41.63 | 41.63 | 41.24 | 1.57 times |
| 07 Mon Oct 2024 | 41.43 | 41.50 | 41.75 | 41.21 | 0.829 times |
| 04 Fri Oct 2024 | 41.35 | 41.35 | 41.62 | 40.93 | 0.817 times |
| 03 Thu Oct 2024 | 41.65 | 41.79 | 41.84 | 41.51 | 0.312 times |
| 02 Wed Oct 2024 | 42.26 | 42.00 | 42.42 | 41.85 | 0.709 times |
| 01 Tue Oct 2024 | 41.71 | 42.49 | 42.49 | 41.61 | 0.928 times |
| 30 Mon Sep 2024 | 42.37 | 42.97 | 42.97 | 42.08 | 0.837 times |
Stock of Shinhan Financial (SHG) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, and stock might move up till 43.2 or till 44.3. Use a stoploss of 42.3 and if this stock hits its stoploss, then it can fall down till 41.4
Share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Target | 33.03 |
| Downside Target | 34.59 |
| Downside Target | 35.47 |
| Downside Target | 38.21 |
| Downside Target | 39.27 |
| Downside Target | 40.34 |
| Upside Target | 42.80 |
| Upside Target | 42.97 |
| Upside Target | 43.45 |
| Upside Target | 43.67 |
| Upside Target | 44.89 |
| Upside Target | 46.05 |
Intraday share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Intraday Target | 41.61 |
| Downside Intraday Target | 40.61 |
| Upside Intraday Target | 43.2 |
| Upside Intraday Target | 43.79 |
| Downside Intraday Target | 42.2 |
Weekly technical analysis of Shinhan Financial (SHG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Fri Oct 2024 | 42.60 | 41.50 | 42.80 | 41.21 | 2.544 times |
| 04 Fri Oct 2024 | 41.35 | 42.97 | 42.97 | 40.93 | 0.386 times |
| 27 Fri Sep 2024 | 43.57 | 41.86 | 44.89 | 40.34 | 2.23 times |
| 20 Fri Sep 2024 | 41.89 | 42.74 | 43.45 | 41.73 | 1.045 times |
| 13 Fri Sep 2024 | 42.21 | 42.15 | 42.45 | 39.27 | 1.272 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Shinhan Financial (SHG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 11 Fri Oct 2024 | 42.60 | 42.49 | 42.80 | 40.93 | 0.554 times |
| 30 Mon Sep 2024 | 42.37 | 42.45 | 44.89 | 39.27 | 1.013 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 |
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 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 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 neutral. A longer time frame might give a better analysis.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term and selling is picking up 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 42.03 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 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 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 neutral. A longer time frame might give a better analysis.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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 SELL signal in short term and selling is picking up 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 42.03 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.