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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 2025-01-03 View latest technical analysis

10 day averaged volume of Shinhan Financial is 194059

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri Jan 2025	33.28	32.92	33.29	32.92	0.706 times
02 Thu Jan 2025	32.71	32.86	32.87	32.50	1.13 times
31 Tue Dec 2024	32.88	32.82	33.11	32.73	0.739 times
30 Mon Dec 2024	32.87	32.73	32.96	32.57	0.924 times
27 Fri Dec 2024	33.18	33.16	33.43	32.99	1.244 times
26 Thu Dec 2024	33.66	33.75	34.01	33.51	0.945 times
24 Tue Dec 2024	34.26	33.74	34.37	33.74	0.324 times
23 Mon Dec 2024	34.12	33.90	34.20	33.81	0.772 times
20 Fri Dec 2024	33.84	33.28	34.16	33.28	1.496 times
19 Thu Dec 2024	33.73	34.07	34.34	33.68	1.212 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 32.9 as stoploss in an intra day buy trade for a target of 34.65. However, stock will show a bearish move below 32.9.

Share price targets for Shinhan Financial (SHG)

Target Type	Value
Downside Target	32.50
Upside Target	34.37
Upside Target	36.03
Upside Target	37.41
Upside Target	38.04
Upside Target	38.73
Upside Target	39.27
Upside Target	39.39
Upside Target	41.37
Upside Target	43.23
Upside Target	44.89

Intraday share price targets for Shinhan Financial (SHG)

Target Type	Value
Downside Intraday Target	32.76
Downside Intraday Target	32.23
Upside Intraday Target	33.55
Upside Intraday Target	33.81
Downside Intraday Target	33.02

Weekly technical analysis of Shinhan Financial (SHG)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri Jan 2025	33.28	32.73	33.29	32.50	1.065 times
27 Fri Dec 2024	33.18	33.90	34.37	32.99	0.533 times
20 Fri Dec 2024	33.84	35.04	35.24	33.28	1.215 times
13 Fri Dec 2024	34.93	35.75	36.03	34.66	5.424 times
26 Tue Nov 2024	39.31	38.83	39.39	38.73	0.681 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
03 Fri Jan 2025	33.28	32.86	33.29	32.50	0.113 times
31 Tue Dec 2024	32.88	35.75	36.03	32.57	1.265 times
26 Tue Nov 2024	39.31	39.12	41.37	38.04	0.735 times
31 Thu Oct 2024	37.82	42.49	43.23	37.41	1.187 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 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Shinhan Financial in short term but the buy 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 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 but selling is losing 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 33.41 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.