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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 2024-11-11 View latest technical analysis

10 day averaged volume of Shinhan Financial is 161440

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	40.24	40.59	40.59	40.17	0.389 times
08 Fri Nov 2024	40.55	40.94	40.94	40.31	0.651 times
07 Thu Nov 2024	41.29	40.92	41.37	40.88	0.822 times
06 Wed Nov 2024	39.98	40.01	40.17	39.68	2.454 times
05 Tue Nov 2024	39.66	39.44	39.66	39.44	0.338 times
04 Mon Nov 2024	39.24	39.50	39.67	39.24	0.616 times
01 Fri Nov 2024	39.10	39.12	39.78	39.10	0.732 times
31 Thu Oct 2024	37.82	37.69	38.00	37.41	1.678 times
30 Wed Oct 2024	39.33	39.76	39.76	39.33	0.968 times
29 Tue Oct 2024	40.86	40.78	41.01	40.76	1.099 times

My analysis of stock is bearish for shortterm, and stock might move down till 39.5 or till 38.2. Use a stoploss of 40.48 and if the stock hits stoploss, then it can shoot up till 41.5

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
Downside Target	40.17
Upside Target	41.37
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	40.08
Downside Intraday Target	39.91
Upside Intraday Target	40.5
Upside Intraday Target	40.75
Upside Intraday Target	40.33

Weekly technical analysis of Shinhan Financial (SHG)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	40.24	40.59	40.59	40.17	0.08 times
08 Fri Nov 2024	40.55	39.50	41.37	39.24	0.954 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

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
11 Mon Nov 2024	40.24	39.12	41.37	39.10	0.287 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 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 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 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 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 BUY signal for Shinhan Financial in short term but the buy signal is initial and weak.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 above this level. This is a good sign for the stock and it could move higher. 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.