(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 2024-06-05 View latest technical analysis
10 day averaged volume of Shinhan Financial is 99770
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 33.63 | 33.53 | 33.63 | 33.25 | 0.672 times |
| 04 Tue Jun 2024 | 33.21 | 33.31 | 33.31 | 33.03 | 0.981 times |
| 03 Mon Jun 2024 | 34.35 | 34.62 | 34.64 | 34.16 | 0.808 times |
| 31 Fri May 2024 | 34.40 | 34.18 | 34.41 | 34.03 | 0.947 times |
| 30 Thu May 2024 | 33.97 | 33.77 | 34.11 | 33.76 | 1.161 times |
| 29 Wed May 2024 | 33.77 | 33.91 | 33.91 | 33.74 | 0.8 times |
| 28 Tue May 2024 | 34.32 | 34.49 | 34.49 | 34.22 | 1.086 times |
| 24 Fri May 2024 | 35.00 | 34.80 | 35.07 | 34.79 | 0.836 times |
| 23 Thu May 2024 | 34.58 | 35.16 | 35.21 | 34.46 | 1.268 times |
| 22 Wed May 2024 | 35.07 | 35.33 | 35.39 | 34.97 | 0.823 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 34, but if it comes above 34, then a intra day buy could be more profitable.
If you take a sell trade below 34, then use 34 as stoploss and 33.1 as target. However if you take a buy trade in stock , then use 34 as stoploss and 34.79 as target.
Share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Target | 29.25 |
| Downside Target | 31.14 |
| Downside Target | 32.49 |
| Upside Target | 34.64 |
| 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 | 32.89 |
| Downside Intraday Target | 32.16 |
| Upside Intraday Target | 34.5 |
| Upside Intraday Target | 35.38 |
| Upside Intraday Target | 33.77 |
Weekly technical analysis of Shinhan Financial (SHG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 33.63 | 34.62 | 34.64 | 33.03 | 0.616 times |
| 31 Fri May 2024 | 34.40 | 34.49 | 34.49 | 33.74 | 0.699 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 |
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 |
| 05 Wed Jun 2024 | 33.63 | 34.62 | 34.64 | 33.03 | 0.134 times |
| 31 Fri May 2024 | 34.40 | 33.74 | 36.33 | 33.26 | 0.528 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 |
Scroll below to view daily charts
Price has moved down 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 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 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 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 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 getting stronger in this stock.
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 34.24 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 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 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 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 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 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 getting stronger in this stock.
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 34.24 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.