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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 2024-10-25 View latest technical analysis

10 day averaged volume of Shinhan Financial is 152280

Date	Daily Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	41.32	41.85	42.33	41.32	0.943 times
24 Thu Oct 2024	40.82	41.00	41.00	40.56	0.4 times
23 Wed Oct 2024	40.89	40.68	40.91	40.55	0.443 times
22 Tue Oct 2024	40.85	40.64	40.92	40.64	0.535 times
21 Mon Oct 2024	40.42	41.00	41.00	40.39	0.678 times
18 Fri Oct 2024	41.51	41.60	41.69	41.38	0.577 times
17 Thu Oct 2024	41.56	41.76	41.77	41.36	1.128 times
16 Wed Oct 2024	41.83	41.76	41.92	41.56	0.725 times
15 Tue Oct 2024	41.87	42.81	42.81	41.84	0.768 times
14 Mon Oct 2024	43.20	42.71	43.23	42.54	0.976 times

My analysis of stock is bearish for shortterm, and stock might move down till 41 or till 40.2. Use a stoploss of 41.64 and if the stock hits stoploss, then it can shoot up till 42.28

Share price targets for Shinhan Financial (SHG)

Target Type	Value
Downside Target	33.03
Downside Target	34.59
Downside Target	35.47
Downside Target	38.21
Downside Target	39.27
Downside Target	40.34
Upside Target	42.33
Upside Target	43.23
Upside 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	40.36
Downside Intraday Target	39.41
Upside Intraday Target	42.3
Upside Intraday Target	43.29
Upside Intraday Target	41.35

Weekly technical analysis of Shinhan Financial (SHG)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	41.32	41.00	42.33	40.39	0.718 times
18 Fri Oct 2024	41.51	42.71	43.23	41.36	0.524 times
11 Fri Oct 2024	42.60	41.50	42.80	41.21	2.544 times
04 Fri Oct 2024	41.35	42.97	42.97	40.93	0.386 times
27 Fri Sep 2024	43.57	41.86	44.89	40.34	2.23 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 Fri Oct 2024	41.32	42.49	43.23	40.39	0.938 times
30 Mon Sep 2024	42.37	42.45	44.89	39.27	1.013 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

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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Shinhan Financial stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Shinhan Financial in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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 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 41.56 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 negative.

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