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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 2024-09-26 View latest technical analysis

10 day averaged volume of Shinhan Financial is 146800

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	44.78	43.59	44.89	43.48	2.178 times
25 Wed Sep 2024	40.74	40.43	40.95	40.34	3.272 times
24 Tue Sep 2024	42.73	42.50	42.78	42.46	0.676 times
23 Mon Sep 2024	42.21	41.86	42.28	41.82	0.873 times
20 Fri Sep 2024	41.89	41.97	42.12	41.73	1.755 times
19 Thu Sep 2024	43.42	43.40	43.45	42.87	0.478 times
18 Wed Sep 2024	42.62	42.85	43.44	42.61	0.567 times
17 Tue Sep 2024	42.64	43.13	43.13	42.64	0.386 times
16 Mon Sep 2024	42.84	42.74	42.89	42.31	0.589 times
13 Fri Sep 2024	42.21	42.25	42.45	42.06	0.593 times

Stock of Shinhan Financial (SHG) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 44.3, for a target of 43.2 or 42.22

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
Downside Target	41.58
Downside Target	42.87
Downside Target	43.45
Downside Target	43.67
Upside Target	44.89
Upside Target	46.05

Intraday share price targets for Shinhan Financial (SHG)

Target Type	Value
Downside Intraday Target	41.78
Downside Intraday Target	38.79
Upside Intraday Target	46.33
Upside Intraday Target	47.89
Downside Intraday Target	43.34

Weekly technical analysis of Shinhan Financial (SHG)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	44.78	41.86	44.89	40.34	1.854 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 up 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
26 Thu Sep 2024	44.78	42.45	44.89	39.27	0.9 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 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 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 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 BUY. Signal strength is Strong and stock is losing 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 stronger in this stock.

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 and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 42.38 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.