(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 2024-09-05 View latest technical analysis
10 day averaged volume of Shinhan Financial is 99880
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 42.43 | 42.33 | 42.52 | 42.14 | 0.995 times |
| 04 Wed Sep 2024 | 41.97 | 41.60 | 42.20 | 41.58 | 0.696 times |
| 03 Tue Sep 2024 | 42.03 | 42.45 | 42.52 | 41.93 | 0.805 times |
| 30 Fri Aug 2024 | 42.45 | 42.29 | 42.49 | 42.07 | 1.297 times |
| 30 Fri Aug 2024 | 42.45 | 42.29 | 42.49 | 42.07 | 1.297 times |
| 29 Thu Aug 2024 | 43.23 | 43.11 | 43.47 | 42.92 | 1.177 times |
| 28 Wed Aug 2024 | 43.18 | 43.21 | 43.40 | 43.04 | 1.254 times |
| 27 Tue Aug 2024 | 44.95 | 44.61 | 45.13 | 44.61 | 0.714 times |
| 26 Mon Aug 2024 | 45.71 | 45.92 | 46.05 | 45.61 | 0.68 times |
| 23 Fri Aug 2024 | 45.52 | 44.67 | 45.58 | 44.58 | 1.357 times |
My analysis of stock is bearish for shortterm, and stock might move down till 40.9 or till 38.9. Use a stoploss of 42.6 and if the stock hits stoploss, then it can shoot up till 44.28
Share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Target | 33.03 |
| Downside Target | 34.59 |
| Downside Target | 35.47 |
| Downside Target | 36.33 |
| Downside Target | 38.21 |
| Downside Target | 39.24 |
| Downside Target | 41.58 |
| Upside Target | 42.52 |
| Upside Target | 42.70 |
| Upside Target | 43.67 |
| Upside Target | 45.58 |
| Upside Target | 46.05 |
Intraday share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Intraday Target | 41.83 |
| Downside Intraday Target | 41.24 |
| Upside Intraday Target | 42.77 |
| Upside Intraday Target | 43.12 |
| Downside Intraday Target | 42.18 |
Weekly technical analysis of Shinhan Financial (SHG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 42.43 | 42.45 | 42.52 | 41.58 | 1.925 times |
| 30 Fri Aug 2024 | 42.45 | 42.29 | 42.49 | 42.07 | 0.253 times |
| 30 Fri Aug 2024 | 42.45 | 45.92 | 46.05 | 42.07 | 0.868 times |
| 23 Fri Aug 2024 | 45.52 | 42.78 | 45.58 | 42.70 | 0.76 times |
| 16 Fri Aug 2024 | 41.36 | 39.60 | 41.61 | 39.24 | 1.388 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Shinhan Financial (SHG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 42.43 | 42.45 | 42.52 | 41.58 | 0.089 times |
| 30 Fri Aug 2024 | 42.45 | 43.69 | 46.05 | 38.21 | 1.117 times |
| 31 Wed Jul 2024 | 43.33 | 34.84 | 43.67 | 34.59 | 1.243 times |
| 28 Fri Jun 2024 | 34.81 | 34.62 | 35.47 | 33.03 | 1.106 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 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 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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above 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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 43.36 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 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 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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above 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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 43.36 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.