(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 2024-11-04 View latest technical analysis
10 day averaged volume of Shinhan Financial is 128290
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Nov 2024 | 39.24 | 39.50 | 39.67 | 39.24 | 0.776 times |
| 01 Fri Nov 2024 | 39.10 | 39.12 | 39.78 | 39.10 | 0.921 times |
| 31 Thu Oct 2024 | 37.82 | 37.69 | 38.00 | 37.41 | 2.112 times |
| 30 Wed Oct 2024 | 39.33 | 39.76 | 39.76 | 39.33 | 1.218 times |
| 29 Tue Oct 2024 | 40.86 | 40.78 | 41.01 | 40.76 | 1.384 times |
| 28 Mon Oct 2024 | 40.47 | 40.44 | 40.65 | 40.37 | 0.808 times |
| 25 Fri Oct 2024 | 41.32 | 41.85 | 42.33 | 41.32 | 1.119 times |
| 24 Thu Oct 2024 | 40.82 | 41.00 | 41.00 | 40.56 | 0.475 times |
| 23 Wed Oct 2024 | 40.89 | 40.68 | 40.91 | 40.55 | 0.525 times |
| 22 Tue Oct 2024 | 40.85 | 40.64 | 40.92 | 40.64 | 0.634 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 39.7, but if it comes above 39.7, then a intra day buy could be more profitable.
If you take a sell trade below 39.7, then use 39.7 as stoploss and 38.2 as target. However if you take a buy trade in stock , then use 39.7 as stoploss and 40.94 as target.
Share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Target | 34.59 |
| Downside Target | 37.41 |
| Downside Target | 38.21 |
| Downside Target | 39.10 |
| Upside Target | 41.36 |
| Upside Target | 42.33 |
| Upside Target | 42.80 |
| 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 | 39.1 |
| Downside Intraday Target | 38.95 |
| Upside Intraday Target | 39.53 |
| Upside Intraday Target | 39.81 |
| Upside Intraday Target | 39.38 |
Weekly technical analysis of Shinhan Financial (SHG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Nov 2024 | 39.24 | 39.50 | 39.67 | 39.24 | 0.12 times |
| 01 Fri Nov 2024 | 39.10 | 40.44 | 41.01 | 37.41 | 1.81 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 |
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 |
| 04 Mon Nov 2024 | 39.24 | 39.12 | 39.78 | 39.10 | 0.064 times |
| 31 Thu Oct 2024 | 37.82 | 42.49 | 43.23 | 37.41 | 1.187 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 |
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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Shinhan Financial stock for short term is SELL. Signal strength is Weak and stock is gaining 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 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 39.76 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Shinhan Financial stock for short term is SELL. Signal strength is Weak and stock is gaining 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 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 39.76 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.