(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 2024-02-28 View latest technical analysis
10 day averaged volume of Shinhan Financial is 82660
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 32.00 | 31.76 | 32.16 | 31.76 | 0.953 times |
| 27 Tue Feb 2024 | 31.55 | 31.50 | 31.64 | 31.35 | 0.663 times |
| 26 Mon Feb 2024 | 31.15 | 31.50 | 31.58 | 31.14 | 1.152 times |
| 23 Fri Feb 2024 | 32.68 | 32.45 | 32.70 | 32.45 | 0.629 times |
| 22 Thu Feb 2024 | 32.19 | 32.36 | 32.42 | 32.09 | 0.951 times |
| 21 Wed Feb 2024 | 32.47 | 32.47 | 32.47 | 32.33 | 0.739 times |
| 20 Tue Feb 2024 | 32.52 | 32.56 | 32.71 | 32.40 | 1.661 times |
| 16 Fri Feb 2024 | 33.25 | 32.98 | 33.44 | 32.98 | 0.79 times |
| 15 Thu Feb 2024 | 32.69 | 32.55 | 32.83 | 32.49 | 1.336 times |
| 14 Wed Feb 2024 | 33.07 | 32.89 | 33.09 | 32.78 | 0.846 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 31.7 as stoploss in an intra day buy trade for a target of 32.47. However, stock will show a bearish move below 31.7.
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 | 30.19 |
| Downside Target | 31.02 |
| Upside Target | 32.16 |
| Upside 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 | 31.37 |
| Downside Intraday Target | 30.75 |
| Upside Intraday Target | 32.39 |
| Upside Intraday Target | 32.79 |
| Downside Intraday Target | 31.77 |
Weekly technical analysis of Shinhan Financial (SHG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 32.00 | 31.50 | 32.16 | 31.14 | 0.695 times |
| 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 |
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 |
| 28 Wed Feb 2024 | 32.00 | 31.80 | 33.98 | 31.14 | 0.772 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 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 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 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 SELL. Signal strength is Weak and stock is losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below 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 SELL signal in short term and selling is picking up 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 32.35 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 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 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 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 SELL. Signal strength is Weak and stock is losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below 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 SELL signal in short term and selling is picking up 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 32.35 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.