(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 2024-06-27 View latest technical analysis
10 day averaged volume of Shinhan Financial is 111610
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 34.27 | 34.13 | 34.36 | 34.09 | 0.987 times |
| 26 Wed Jun 2024 | 34.14 | 34.13 | 34.24 | 33.92 | 1.176 times |
| 25 Tue Jun 2024 | 34.21 | 34.54 | 34.54 | 34.15 | 0.897 times |
| 24 Mon Jun 2024 | 34.73 | 34.31 | 34.91 | 34.31 | 1.131 times |
| 21 Fri Jun 2024 | 33.93 | 34.46 | 34.46 | 33.93 | 1.153 times |
| 20 Thu Jun 2024 | 34.43 | 34.23 | 34.46 | 34.10 | 1.162 times |
| 18 Tue Jun 2024 | 33.58 | 33.38 | 33.67 | 33.27 | 0.928 times |
| 18 Tue Jun 2024 | 33.58 | 33.38 | 33.67 | 33.27 | 0.928 times |
| 17 Mon Jun 2024 | 33.88 | 33.72 | 33.91 | 33.58 | 0.683 times |
| 14 Fri Jun 2024 | 34.00 | 33.91 | 34.02 | 33.71 | 0.7 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 34.5 as stoploss in an intra day sell trade for a target of 34.04. However, stock will show a bullish move above 34.5.
Share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Target | 29.25 |
| Downside Target | 31.14 |
| Downside Target | 32.49 |
| Upside Target | 34.46 |
| Upside Target | 34.49 |
| Upside Target | 34.64 |
| Upside Target | 34.91 |
| Upside Target | 35.47 |
| Upside Target | 36.33 |
| Upside Target | 38.65 |
Intraday share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Intraday Target | 33.82 |
| Downside Intraday Target | 33.38 |
| Upside Intraday Target | 34.81 |
| Upside Intraday Target | 35.36 |
| Upside Intraday Target | 34.37 |
Weekly technical analysis of Shinhan Financial (SHG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 34.27 | 34.31 | 34.91 | 33.92 | 1.292 times |
| 21 Fri Jun 2024 | 33.93 | 33.38 | 34.46 | 33.27 | 2.013 times |
| 18 Tue Jun 2024 | 33.58 | 33.72 | 33.91 | 33.27 | 0.344 times |
| 14 Fri Jun 2024 | 34.00 | 33.77 | 35.47 | 33.32 | 1.286 times |
| 07 Fri Jun 2024 | 34.04 | 34.62 | 34.64 | 33.03 | 1.02 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 |
| 27 Thu Jun 2024 | 34.27 | 34.62 | 35.47 | 33.03 | 1.058 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 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Shinhan Financial stock for short term is BUY. Signal strength is Weak 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 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red 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 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 34.1 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 negative.
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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Shinhan Financial stock for short term is BUY. Signal strength is Weak 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 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red 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 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 34.1 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.