(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 2024-03-01 View latest technical analysis
10 day averaged volume of Shinhan Financial is 82280
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 32.61 | 32.69 | 32.75 | 32.49 | 1.514 times |
| 29 Thu Feb 2024 | 32.58 | 32.74 | 32.79 | 32.32 | 1.085 times |
| 28 Wed Feb 2024 | 32.00 | 31.76 | 32.16 | 31.76 | 0.958 times |
| 27 Tue Feb 2024 | 31.55 | 31.50 | 31.64 | 31.35 | 0.666 times |
| 26 Mon Feb 2024 | 31.15 | 31.50 | 31.58 | 31.14 | 1.157 times |
| 23 Fri Feb 2024 | 32.68 | 32.45 | 32.70 | 32.45 | 0.632 times |
| 22 Thu Feb 2024 | 32.19 | 32.36 | 32.42 | 32.09 | 0.955 times |
| 21 Wed Feb 2024 | 32.47 | 32.47 | 32.47 | 32.33 | 0.743 times |
| 20 Tue Feb 2024 | 32.52 | 32.56 | 32.71 | 32.40 | 1.669 times |
| 16 Fri Feb 2024 | 33.25 | 32.98 | 33.44 | 32.98 | 0.794 times |
My analysis of stock is bullish for shortterm, and stock might move up till 33.2 or till 34. Use a stoploss of 32.58 and if this stock hits its stoploss, then it can fall down till 31.96
Share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Target | 25.52 |
| Downside Target | 27.09 |
| Downside Target | 27.71 |
| Downside Target | 28.57 |
| Downside Target | 30.19 |
| Downside Target | 31.02 |
| Upside Target | 32.71 |
| Upside Target | 32.75 |
| Upside Target | 32.79 |
| 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 | 31.57 |
| Downside Intraday Target | 30.53 |
| Upside Intraday Target | 33.22 |
| Upside Intraday Target | 33.83 |
| Downside Intraday Target | 32.18 |
Weekly technical analysis of Shinhan Financial (SHG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 32.61 | 31.50 | 32.79 | 31.14 | 1.346 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 |
| 01 Fri Mar 2024 | 32.61 | 32.69 | 32.75 | 32.49 | 0.049 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 |
| 29 Fri Dec 2023 | 30.78 | 27.81 | 31.12 | 27.71 | 0.972 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 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 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 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 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 losing momentum.
MACD generated a SELL signal for Shinhan Financial in short term but the sell 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 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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 32.3 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 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 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 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 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 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 losing momentum.
MACD generated a SELL signal for Shinhan Financial in short term but the sell 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 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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 32.3 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 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.