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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.

10 day averaged volume of Shinhan Financial is 226940

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue Jan 2025	35.37	35.13	35.45	35.05	0.797 times
27 Mon Jan 2025	35.22	35.01	35.26	34.65	1.121 times
24 Fri Jan 2025	35.16	35.77	35.77	35.11	0.671 times
23 Thu Jan 2025	35.34	35.29	35.52	35.05	0.614 times
22 Wed Jan 2025	35.22	35.44	35.51	35.13	1.084 times
21 Tue Jan 2025	35.49	34.95	35.55	34.74	0.937 times
17 Fri Jan 2025	34.54	34.55	34.66	34.25	1.233 times
17 Fri Jan 2025	34.54	34.55	34.66	34.25	1.233 times
16 Thu Jan 2025	34.90	34.82	34.97	34.57	1.381 times
15 Wed Jan 2025	35.32	35.36	35.48	35.10	0.524 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 35.2, but if it comes below 35.2, then a intra day sell could be more profitable.
If you take a sell trade below 35.2, then use 35.2 as stoploss and 34.36 as target. However if you take a buy trade in stock , then use 35.2 as stoploss and 36.3 as target.

Share price targets for Shinhan Financial (SHG)

Target Type	Value
Downside Target	32.50
Downside Target	33.42
Upside Target	35.45
Upside Target	35.77
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	34.86
Downside Intraday Target	34.36
Upside Intraday Target	35.66
Upside Intraday Target	35.96
Downside Intraday Target	35.16

Weekly technical analysis of Shinhan Financial (SHG)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue Jan 2025	35.37	35.01	35.45	34.65	0.58 times
24 Fri Jan 2025	35.16	34.95	35.77	34.74	2.681 times
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

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
28 Tue Jan 2025	35.37	32.86	35.77	32.50	1.19 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 moving up

CCI has generated a buy signal for Shinhan Financial in short term and BUY signal is strong.

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 35.05 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 positive

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