Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-01-17 View latest technical analysis

10 day averaged volume of Shinhan Financial is 191380

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri Jan 2025	34.54	34.55	34.66	34.25	1.462 times
17 Fri Jan 2025	34.54	34.55	34.66	34.25	1.462 times
16 Thu Jan 2025	34.90	34.82	34.97	34.57	1.638 times
15 Wed Jan 2025	35.32	35.36	35.48	35.10	0.621 times
14 Tue Jan 2025	34.41	34.40	34.56	34.02	1.425 times
13 Mon Jan 2025	34.51	33.69	34.51	33.69	0.852 times
10 Fri Jan 2025	33.62	33.56	33.92	33.44	1.097 times
08 Wed Jan 2025	33.68	33.66	33.81	33.42	0.739 times
08 Wed Jan 2025	33.68	33.66	33.81	33.42	0.739 times
07 Tue Jan 2025	33.65	33.88	33.97	33.55	0.82 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 34.6 as stoploss in an intra day sell trade for a target of 33.87. However, stock will show a bullish move above 34.6.

Share price targets for Shinhan Financial (SHG)

Target Type	Value
Downside Target	32.50
Downside Target	33.29
Upside Target	35.48
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	34.31
Downside Intraday Target	34.07
Upside Intraday Target	34.72
Upside Intraday Target	34.89
Downside Intraday Target	34.48

Weekly technical analysis of Shinhan Financial (SHG)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri Jan 2025	34.54	34.55	34.66	34.25	0.244 times
17 Fri Jan 2025	34.54	33.69	35.48	33.69	3.267 times
10 Fri Jan 2025	33.62	33.66	33.92	33.42	0.848 times
08 Wed Jan 2025	33.68	33.78	33.97	33.42	0.61 times
03 Fri Jan 2025	33.28	32.73	33.29	32.50	1.065 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
17 Fri Jan 2025	34.54	32.86	35.48	32.50	0.812 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 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 short 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 short to mid 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 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 BUY. Signal strength is Weak and stock is gaining 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Shinhan Financial in short term

RSI is generating a BUY signal in short term but buying 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 34.34 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 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.