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(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 2024-09-25 View latest technical analysis

10 day averaged volume of Shinhan Financial is 115380

Date	Daily Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	40.74	40.43	40.95	40.34	4.163 times
24 Tue Sep 2024	42.73	42.50	42.78	42.46	0.86 times
23 Mon Sep 2024	42.21	41.86	42.28	41.82	1.111 times
20 Fri Sep 2024	41.89	41.97	42.12	41.73	2.233 times
19 Thu Sep 2024	43.42	43.40	43.45	42.87	0.608 times
18 Wed Sep 2024	42.62	42.85	43.44	42.61	0.721 times
17 Tue Sep 2024	42.64	43.13	43.13	42.64	0.491 times
16 Mon Sep 2024	42.84	42.74	42.89	42.31	0.749 times
13 Fri Sep 2024	42.21	42.25	42.45	42.06	0.755 times
12 Thu Sep 2024	40.52	40.16	40.64	40.03	1.032 times

Stock of Shinhan Financial (SHG) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 41.3, but if it comes above 41.3, then a intra day buy could be more profitable.
If you take a sell trade below 41.3, then use 41.3 as stoploss and 40.4 as target. However if you take a buy trade in stock , then use 41.3 as stoploss and 42.14 as target.

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	39.27
Downside Target	40.34
Upside Target	41.58
Upside Target	42.78
Upside Target	42.87
Upside Target	43.45
Upside Target	43.67
Upside Target	46.05

Intraday share price targets for Shinhan Financial (SHG)

Target Type	Value
Downside Intraday Target	39.79
Downside Intraday Target	38.85
Upside Intraday Target	42.23
Upside Intraday Target	43.73
Upside Intraday Target	41.29

Weekly technical analysis of Shinhan Financial (SHG)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	40.74	41.86	42.78	40.34	1.277 times
20 Fri Sep 2024	41.89	42.74	43.45	41.73	1.045 times
13 Fri Sep 2024	42.21	42.15	42.45	39.27	1.272 times
06 Fri Sep 2024	42.00	42.45	42.87	41.58	3.221 times
30 Fri Aug 2024	42.45	42.29	42.49	42.07	0.253 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
25 Wed Sep 2024	40.74	42.45	43.45	39.27	0.786 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 buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 Strong 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 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 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 41.71 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 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.