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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 2025-01-06 View latest technical analysis

10 day averaged volume of Shinhan Financial is 184206

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	33.67	33.78	33.93	33.61	0.63 times
03 Fri Jan 2025	33.28	32.92	33.29	32.92	0.744 times
02 Thu Jan 2025	32.71	32.86	32.87	32.50	1.191 times
31 Tue Dec 2024	32.88	32.82	33.11	32.73	0.779 times
30 Mon Dec 2024	32.87	32.73	32.96	32.57	0.973 times
27 Fri Dec 2024	33.18	33.16	33.43	32.99	1.311 times
26 Thu Dec 2024	33.66	33.75	34.01	33.51	0.995 times
24 Tue Dec 2024	34.26	33.74	34.37	33.74	0.342 times
23 Mon Dec 2024	34.12	33.90	34.20	33.81	0.814 times
20 Fri Dec 2024	33.84	33.28	34.16	33.28	1.576 times

My analysis of stock is bearish for shortterm, and stock might move down till 32.9 or till 31.2. Use a stoploss of 34.37 and if the stock hits stoploss, then it can shoot up till 35.83

Share price targets for Shinhan Financial (SHG)

Target Type	Value
Downside Target	32.50
Upside Target	35.24
Upside Target	36.03
Upside Target	37.41
Upside Target	38.04
Upside Target	39.27
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	33.54
Downside Intraday Target	33.42
Upside Intraday Target	33.86
Upside Intraday Target	34.06
Upside Intraday Target	33.74

Weekly technical analysis of Shinhan Financial (SHG)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	33.67	33.78	33.93	33.61	0.171 times
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

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
06 Mon Jan 2025	33.67	32.86	33.93	32.50	0.15 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 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 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 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 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 below 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 but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 33.39 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.