(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 2024-03-18 View latest technical analysis
10 day averaged volume of Shinhan Financial is 119840
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Mon Mar 2024 | 36.76 | 37.24 | 37.24 | 36.74 | 1.27 times |
| 15 Fri Mar 2024 | 37.38 | 37.14 | 37.49 | 36.74 | 1.393 times |
| 14 Thu Mar 2024 | 37.74 | 38.57 | 38.65 | 37.49 | 1.472 times |
| 13 Wed Mar 2024 | 36.14 | 36.24 | 36.24 | 36.06 | 0.909 times |
| 12 Tue Mar 2024 | 34.90 | 35.03 | 35.03 | 34.75 | 0.721 times |
| 11 Mon Mar 2024 | 35.03 | 35.08 | 35.15 | 34.84 | 0.49 times |
| 08 Fri Mar 2024 | 35.09 | 35.23 | 35.38 | 35.01 | 0.931 times |
| 07 Thu Mar 2024 | 34.81 | 34.39 | 34.81 | 34.25 | 0.822 times |
| 06 Wed Mar 2024 | 34.00 | 33.99 | 34.13 | 33.75 | 1.542 times |
| 05 Tue Mar 2024 | 33.48 | 33.34 | 33.69 | 33.30 | 1.041 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 35.8, but if it comes below 35.8, then a intra day sell could be more profitable.
If you take a sell trade below 35.8, then use 35.8 as stoploss and 33.93 as target. However if you take a buy trade in stock , then use 35.8 as stoploss and 38.1 as target.
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 | 33.98 |
| Downside Target | 34.75 |
| Downside Target | 35.38 |
| Downside Target | 36.74 |
| Upside Target | 37.24 |
| Upside Target | 38.65 |
Intraday share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Intraday Target | 36.59 |
| Downside Intraday Target | 36.41 |
| Upside Intraday Target | 37.09 |
| Upside Intraday Target | 37.41 |
| Upside Intraday Target | 36.91 |
Weekly technical analysis of Shinhan Financial (SHG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Mon Mar 2024 | 36.76 | 37.24 | 37.24 | 36.74 | 0.255 times |
| 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 |
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 |
| 18 Mon Mar 2024 | 36.76 | 32.69 | 38.65 | 32.49 | 0.583 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 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 short 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 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 gaining 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 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 35.7 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 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 short 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 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 gaining 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 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 35.7 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.