(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 197580
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Mon Apr 2024 | 29.98 | 30.42 | 30.69 | 29.97 | 0.452 times |
| 12 Fri Apr 2024 | 30.00 | 30.28 | 30.39 | 29.96 | 0.908 times |
| 11 Thu Apr 2024 | 31.80 | 31.72 | 31.93 | 31.45 | 1.218 times |
| 10 Wed Apr 2024 | 31.80 | 32.40 | 32.78 | 31.66 | 2.228 times |
| 09 Tue Apr 2024 | 32.80 | 32.55 | 32.90 | 32.25 | 1.406 times |
| 08 Mon Apr 2024 | 33.19 | 33.04 | 33.44 | 32.76 | 0.823 times |
| 05 Fri Apr 2024 | 33.00 | 32.91 | 33.07 | 32.72 | 0.532 times |
| 04 Thu Apr 2024 | 33.00 | 33.29 | 33.76 | 32.90 | 0.773 times |
| 03 Wed Apr 2024 | 32.79 | 32.39 | 32.97 | 32.24 | 0.72 times |
| 02 Tue Apr 2024 | 33.35 | 33.36 | 33.40 | 33.15 | 0.592 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 28.9, for a target of 31.8 or 34.28
Share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Target | 27.09 |
| Downside Target | 27.71 |
| Downside Target | 29.96 |
| Upside Target | 30.69 |
| Upside Target | 32.24 |
| Upside Target | 33.44 |
| Upside Target | 34.49 |
| Upside Target | 34.82 |
| Upside Target | 35.93 |
| Upside Target | 37.99 |
| Upside Target | 38.32 |
| Upside Target | 38.65 |
Intraday share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Intraday Target | 29.74 |
| Downside Intraday Target | 29.49 |
| Upside Intraday Target | 30.46 |
| Upside Intraday Target | 30.93 |
| Upside Intraday Target | 30.21 |
Weekly technical analysis of Shinhan Financial (SHG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Mon Apr 2024 | 29.98 | 30.42 | 30.69 | 29.97 | 0.069 times |
| 12 Fri Apr 2024 | 30.00 | 33.04 | 33.44 | 29.96 | 1.928 times |
| 05 Fri Apr 2024 | 33.00 | 34.08 | 34.49 | 32.24 | 0.761 times |
| 28 Thu Mar 2024 | 35.49 | 37.92 | 37.99 | 34.82 | 1.243 times |
| 22 Fri Mar 2024 | 37.47 | 37.24 | 38.32 | 35.93 | 1.195 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 |
| 15 Mon Apr 2024 | 29.98 | 34.08 | 34.49 | 29.96 | 0.706 times |
| 28 Thu Mar 2024 | 35.49 | 32.69 | 38.65 | 32.49 | 1.155 times |
| 29 Thu Feb 2024 | 32.58 | 31.80 | 33.98 | 31.14 | 0.801 times |
| 31 Wed Jan 2024 | 30.69 | 30.09 | 31.02 | 27.09 | 1.272 times |
Scroll below to view daily charts
Price has moved down 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 positive zone. This is a BUY 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 32.14 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 positive zone. This is a BUY 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 32.14 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.