(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 2024-03-15 View latest technical analysis
10 day averaged volume of Shinhan Financial is 115610
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 37.38 | 37.14 | 37.49 | 36.74 | 1.444 times |
| 14 Thu Mar 2024 | 37.74 | 38.57 | 38.65 | 37.49 | 1.526 times |
| 13 Wed Mar 2024 | 36.14 | 36.24 | 36.24 | 36.06 | 0.942 times |
| 12 Tue Mar 2024 | 34.90 | 35.03 | 35.03 | 34.75 | 0.747 times |
| 11 Mon Mar 2024 | 35.03 | 35.08 | 35.15 | 34.84 | 0.508 times |
| 08 Fri Mar 2024 | 35.09 | 35.23 | 35.38 | 35.01 | 0.965 times |
| 07 Thu Mar 2024 | 34.81 | 34.39 | 34.81 | 34.25 | 0.852 times |
| 06 Wed Mar 2024 | 34.00 | 33.99 | 34.13 | 33.75 | 1.598 times |
| 05 Tue Mar 2024 | 33.48 | 33.34 | 33.69 | 33.30 | 1.079 times |
| 04 Mon Mar 2024 | 33.59 | 33.30 | 33.59 | 33.26 | 0.704 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 37.7, for a target of 35.6 or 33.76
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 | 31.02 |
| Downside Target | 32.09 |
| Downside Target | 33.26 |
| Downside Target | 33.75 |
| Downside Target | 33.98 |
| Downside Target | 34.75 |
| Downside Target | 35.38 |
| Upside Target | 38.65 |
Intraday share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Intraday Target | 35.2 |
| Downside Intraday Target | 33.03 |
| Upside Intraday Target | 39.1 |
| Upside Intraday Target | 40.83 |
| Downside Intraday Target | 36.93 |
Weekly technical analysis of Shinhan Financial (SHG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 37.38 | 35.08 | 38.65 | 34.75 | 0.994 times |
| 08 Fri Mar 2024 | 35.09 | 33.30 | 35.38 | 33.26 | 1.358 times |
| 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 |
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 |
| 15 Fri Mar 2024 | 37.38 | 32.69 | 38.65 | 32.49 | 0.522 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 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 short 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 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Shinhan Financial in short term and the buy signal is strong.
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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shinhan Financial in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 35.42 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.
Price action analysis of Shinhan Financial ( (SHG) ) based on a short 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 short 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 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Shinhan Financial in short term and the buy signal is strong.
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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shinhan Financial in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 35.42 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.