(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 2024-10-29 View latest technical analysis
10 day averaged volume of Shinhan Financial is 104710
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Tue Oct 2024 | 40.86 | 40.78 | 41.01 | 40.76 | 1.695 times |
| 28 Mon Oct 2024 | 40.47 | 40.44 | 40.65 | 40.37 | 0.989 times |
| 25 Fri Oct 2024 | 41.32 | 41.85 | 42.33 | 41.32 | 1.371 times |
| 24 Thu Oct 2024 | 40.82 | 41.00 | 41.00 | 40.56 | 0.582 times |
| 23 Wed Oct 2024 | 40.89 | 40.68 | 40.91 | 40.55 | 0.644 times |
| 22 Tue Oct 2024 | 40.85 | 40.64 | 40.92 | 40.64 | 0.777 times |
| 21 Mon Oct 2024 | 40.42 | 41.00 | 41.00 | 40.39 | 0.986 times |
| 18 Fri Oct 2024 | 41.51 | 41.60 | 41.69 | 41.38 | 0.839 times |
| 17 Thu Oct 2024 | 41.56 | 41.76 | 41.77 | 41.36 | 1.641 times |
| 16 Wed Oct 2024 | 41.83 | 41.76 | 41.92 | 41.56 | 1.054 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 40.8 as stoploss in an intra day buy trade for a target of 41.5. However, stock will show a bearish move below 40.8.
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 | 40.37 |
| Upside Target | 42.33 |
| Upside Target | 42.97 |
| Upside Target | 43.23 |
| 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 | 40.48 |
| Downside Intraday Target | 40.11 |
| Upside Intraday Target | 41.12 |
| Upside Intraday Target | 41.39 |
| Downside Intraday Target | 40.75 |
Weekly technical analysis of Shinhan Financial (SHG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Tue Oct 2024 | 40.86 | 40.44 | 41.01 | 40.37 | 0.616 times |
| 25 Fri Oct 2024 | 41.32 | 41.00 | 42.33 | 40.39 | 0.718 times |
| 18 Fri Oct 2024 | 41.51 | 42.71 | 43.23 | 41.36 | 0.524 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 |
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 |
| 29 Tue Oct 2024 | 40.86 | 42.49 | 43.23 | 40.37 | 1.037 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Shinhan Financial ( (SHG) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 and the sell signal is strong.
Shinhan Financial Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shinhan Financial in short term but BUY signal is weak.
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 41.1 and Shinhan Financial (SHG) stock is trading below this level. This means that stock is falling with high volumes. 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 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Shinhan Financial ( (SHG) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 and the sell signal is strong.
Shinhan Financial Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shinhan Financial in short term but BUY signal is weak.
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 41.1 and Shinhan Financial (SHG) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.