(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 2024-10-15 View latest technical analysis
10 day averaged volume of Shinhan Financial is 172760
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Tue Oct 2024 | 41.87 | 42.81 | 42.81 | 41.84 | 0.677 times |
| 14 Mon Oct 2024 | 43.20 | 42.71 | 43.23 | 42.54 | 0.861 times |
| 11 Fri Oct 2024 | 42.60 | 42.36 | 42.80 | 41.75 | 3.324 times |
| 10 Thu Oct 2024 | 42.08 | 42.07 | 42.21 | 41.91 | 0.685 times |
| 09 Wed Oct 2024 | 41.59 | 41.30 | 41.82 | 41.30 | 1.173 times |
| 08 Tue Oct 2024 | 41.51 | 41.63 | 41.63 | 41.24 | 1.203 times |
| 07 Mon Oct 2024 | 41.43 | 41.50 | 41.75 | 41.21 | 0.636 times |
| 04 Fri Oct 2024 | 41.35 | 41.35 | 41.62 | 40.93 | 0.626 times |
| 03 Thu Oct 2024 | 41.65 | 41.79 | 41.84 | 41.51 | 0.239 times |
| 02 Wed Oct 2024 | 42.26 | 42.00 | 42.42 | 41.85 | 0.543 times |
My analysis of stock is bearish for shortterm, and stock might move down till 41.4 or till 40.3. Use a stoploss of 42.28 and if the stock hits stoploss, then it can shoot up till 43.19
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 | 43.23 |
| 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 | 41.4 |
| Downside Intraday Target | 40.92 |
| Upside Intraday Target | 42.79 |
| Upside Intraday Target | 43.7 |
| Upside Intraday Target | 42.31 |
Weekly technical analysis of Shinhan Financial (SHG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Tue Oct 2024 | 41.87 | 42.71 | 43.23 | 41.84 | 0.219 times |
| 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 |
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 |
| 15 Tue Oct 2024 | 41.87 | 42.49 | 43.23 | 40.93 | 0.648 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 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 losing momentum.
MACD generated a SELL signal for Shinhan Financial in short term
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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 42.12 and Shinhan Financial (SHG) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
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 losing momentum.
MACD generated a SELL signal for Shinhan Financial in short term
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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 42.12 and Shinhan Financial (SHG) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.