(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 2024-02-23 View latest technical analysis
10 day averaged volume of Shinhan Financial is 90170
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 32.68 | 32.45 | 32.70 | 32.45 | 0.577 times |
| 22 Thu Feb 2024 | 32.19 | 32.36 | 32.42 | 32.09 | 0.872 times |
| 21 Wed Feb 2024 | 32.47 | 32.47 | 32.47 | 32.33 | 0.678 times |
| 20 Tue Feb 2024 | 32.52 | 32.56 | 32.71 | 32.40 | 1.523 times |
| 16 Fri Feb 2024 | 33.25 | 32.98 | 33.44 | 32.98 | 0.724 times |
| 15 Thu Feb 2024 | 32.69 | 32.55 | 32.83 | 32.49 | 1.224 times |
| 14 Wed Feb 2024 | 33.07 | 32.89 | 33.09 | 32.78 | 0.775 times |
| 13 Tue Feb 2024 | 32.73 | 33.09 | 33.11 | 32.61 | 1.131 times |
| 12 Mon Feb 2024 | 33.46 | 33.24 | 33.75 | 33.21 | 1.048 times |
| 09 Fri Feb 2024 | 33.15 | 32.95 | 33.16 | 32.83 | 0.709 times |
My analysis of stock is bullish for shortterm, and stock might move up till 33.3 or till 34.6. Use a stoploss of 32.28 and if this stock hits its stoploss, then it can fall down till 31.23
Share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Target | 25.09 |
| Downside Target | 26.85 |
| Downside Target | 27.71 |
| Downside Target | 28.57 |
| Downside Target | 30.16 |
| Downside Target | 31.02 |
| Downside Target | 32.09 |
| Downside Target | 32.49 |
| Upside Target | 32.71 |
| Upside Target | 33.65 |
| Upside Target | 33.75 |
| Upside Target | 33.98 |
Intraday share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Intraday Target | 32.28 |
| Downside Intraday Target | 31.87 |
| Upside Intraday Target | 32.9 |
| Upside Intraday Target | 33.11 |
| Downside Intraday Target | 32.49 |
Weekly technical analysis of Shinhan Financial (SHG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 32.68 | 32.56 | 32.71 | 32.09 | 0.744 times |
| 16 Fri Feb 2024 | 33.25 | 33.24 | 33.75 | 32.49 | 0.601 times |
| 09 Fri Feb 2024 | 33.15 | 32.22 | 33.65 | 31.62 | 0.617 times |
| 02 Fri Feb 2024 | 33.85 | 30.49 | 33.98 | 30.19 | 1.699 times |
| 26 Fri Jan 2024 | 29.99 | 27.83 | 30.16 | 27.78 | 1.097 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 |
| 23 Fri Feb 2024 | 32.68 | 31.80 | 33.98 | 31.62 | 0.7 times |
| 31 Wed Jan 2024 | 30.69 | 30.09 | 31.02 | 27.09 | 1.272 times |
| 29 Fri Dec 2023 | 30.78 | 27.81 | 31.12 | 27.71 | 0.972 times |
| 30 Thu Nov 2023 | 28.40 | 25.79 | 28.57 | 25.52 | 0.945 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 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 neutral. A longer time frame might give a better analysis.
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL signal for Shinhan Financial in short term but the sell signal is initial and weak.
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 green color and prices are above the green 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 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 32.8 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 positive
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 neutral. A longer time frame might give a better analysis.
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL signal for Shinhan Financial in short term but the sell signal is initial and weak.
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 green color and prices are above the green 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 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 32.8 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.