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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 2024-11-05 View latest technical analysis

10 day averaged volume of Shinhan Financial is 127920

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Nov 2024	39.66	39.44	39.66	39.44	0.426 times
04 Mon Nov 2024	39.24	39.50	39.67	39.24	0.778 times
01 Fri Nov 2024	39.10	39.12	39.78	39.10	0.924 times
31 Thu Oct 2024	37.82	37.69	38.00	37.41	2.118 times
30 Wed Oct 2024	39.33	39.76	39.76	39.33	1.221 times
29 Tue Oct 2024	40.86	40.78	41.01	40.76	1.388 times
28 Mon Oct 2024	40.47	40.44	40.65	40.37	0.81 times
25 Fri Oct 2024	41.32	41.85	42.33	41.32	1.123 times
24 Thu Oct 2024	40.82	41.00	41.00	40.56	0.476 times
23 Wed Oct 2024	40.89	40.68	40.91	40.55	0.527 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 39.6 as stoploss in an intra day buy trade for a target of 40.85. However, stock will show a bearish move below 39.6.

Share price targets for Shinhan Financial (SHG)

Target Type	Value
Downside Target	34.59
Downside Target	37.41
Downside Target	38.21
Downside Target	39.10
Upside Target	41.36
Upside Target	42.33
Upside Target	42.80
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	39.38
Downside Intraday Target	39.09
Upside Intraday Target	39.81
Upside Intraday Target	39.95
Downside Intraday Target	39.52

Weekly technical analysis of Shinhan Financial (SHG)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Nov 2024	39.66	39.50	39.67	39.24	0.186 times
01 Fri Nov 2024	39.10	40.44	41.01	37.41	1.81 times
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

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
05 Tue Nov 2024	39.66	39.12	39.78	39.10	0.081 times
31 Thu Oct 2024	37.82	42.49	43.23	37.41	1.187 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

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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red 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 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 39.68 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.