(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 2024-11-06 View latest technical analysis
10 day averaged volume of Shinhan Financial is 125230
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 39.98 | 40.01 | 40.17 | 39.68 | 3.164 times |
| 05 Tue Nov 2024 | 39.66 | 39.44 | 39.66 | 39.44 | 0.435 times |
| 04 Mon Nov 2024 | 39.24 | 39.50 | 39.67 | 39.24 | 0.795 times |
| 01 Fri Nov 2024 | 39.10 | 39.12 | 39.78 | 39.10 | 0.944 times |
| 31 Thu Oct 2024 | 37.82 | 37.69 | 38.00 | 37.41 | 2.163 times |
| 30 Wed Oct 2024 | 39.33 | 39.76 | 39.76 | 39.33 | 1.247 times |
| 29 Tue Oct 2024 | 40.86 | 40.78 | 41.01 | 40.76 | 1.417 times |
| 28 Mon Oct 2024 | 40.47 | 40.44 | 40.65 | 40.37 | 0.827 times |
| 25 Fri Oct 2024 | 41.32 | 41.85 | 42.33 | 41.32 | 1.147 times |
| 24 Thu Oct 2024 | 40.82 | 41.00 | 41.00 | 40.56 | 0.486 times |
Stock of Shinhan Financial (SHG) has showed a significant upmove. This could be a good time to enter in this stock!
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 39.5 as stoploss in an intra day buy trade for a target of 40.77. However, stock will show a bearish move below 39.5.
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 | 40.17 |
| 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 | 39.42 |
| Downside Intraday Target | 38.87 |
| Upside Intraday Target | 40.35 |
| Upside Intraday Target | 40.73 |
| Downside Intraday Target | 39.8 |
Weekly technical analysis of Shinhan Financial (SHG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 39.98 | 39.50 | 40.17 | 39.24 | 0.666 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 |
| 06 Wed Nov 2024 | 39.98 | 39.12 | 40.17 | 39.10 | 0.198 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 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 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 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 and BUY 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
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 39.71 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 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.
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 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 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 and BUY 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
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 39.71 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 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.