(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 2024-05-28 View latest technical analysis
10 day averaged volume of Shinhan Financial is 84116
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 34.32 | 34.49 | 34.49 | 34.22 | 1.289 times |
| 24 Fri May 2024 | 35.00 | 34.80 | 35.07 | 34.79 | 0.991 times |
| 23 Thu May 2024 | 34.58 | 35.16 | 35.21 | 34.46 | 1.504 times |
| 22 Wed May 2024 | 35.07 | 35.33 | 35.39 | 34.97 | 0.976 times |
| 21 Tue May 2024 | 36.12 | 36.04 | 36.13 | 35.87 | 1.53 times |
| 20 Mon May 2024 | 36.11 | 36.08 | 36.33 | 35.99 | 1.776 times |
| 17 Fri May 2024 | 35.56 | 35.47 | 35.57 | 35.27 | 0.577 times |
| 16 Thu May 2024 | 35.66 | 35.73 | 35.83 | 35.60 | 0.497 times |
| 15 Wed May 2024 | 35.64 | 35.50 | 35.74 | 35.38 | 0.901 times |
| 14 Tue May 2024 | 35.20 | 35.00 | 35.21 | 34.79 | 0.613 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 34.1 as stoploss in an intra day buy trade for a target of 34.84. However, stock will show a bearish move below 34.1.
Share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Target | 27.09 |
| Downside Target | 29.25 |
| Downside Target | 31.02 |
| Downside Target | 32.49 |
| Downside Target | 33.26 |
| Downside Target | 33.93 |
| Upside Target | 34.62 |
| Upside Target | 34.79 |
| Upside Target | 35.22 |
| Upside Target | 35.83 |
| Upside Target | 36.33 |
| Upside Target | 38.65 |
Intraday share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Intraday Target | 34.2 |
| Downside Intraday Target | 34.07 |
| Upside Intraday Target | 34.47 |
| Upside Intraday Target | 34.61 |
| Upside Intraday Target | 34.34 |
Weekly technical analysis of Shinhan Financial (SHG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 34.32 | 34.49 | 34.49 | 34.22 | 0.19 times |
| 24 Fri May 2024 | 35.00 | 36.08 | 36.33 | 34.46 | 2.103 times |
| 17 Fri May 2024 | 35.56 | 35.15 | 35.83 | 34.79 | 0.685 times |
| 10 Fri May 2024 | 34.99 | 34.80 | 35.22 | 33.93 | 1.044 times |
| 03 Fri May 2024 | 34.50 | 34.16 | 34.62 | 33.26 | 0.48 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 Tue May 2024 | 34.32 | 33.74 | 36.33 | 33.26 | 0.445 times |
| 30 Tue Apr 2024 | 33.75 | 34.08 | 34.49 | 29.25 | 1.185 times |
| 28 Thu Mar 2024 | 35.49 | 32.69 | 38.65 | 32.49 | 1.155 times |
| 29 Thu Feb 2024 | 32.58 | 31.80 | 33.98 | 31.14 | 0.801 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Shinhan Financial stock for short term is SELL. 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 in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shinhan Financial in short term and SELL 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
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 35.34 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Shinhan Financial stock for short term is SELL. 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 in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shinhan Financial in short term and SELL 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
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 35.34 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.