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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 2024-11-18 View latest technical analysis

10 day averaged volume of Shinhan Financial is 135340

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	38.18	38.14	38.41	38.07	1.265 times
15 Fri Nov 2024	38.21	38.40	38.48	38.05	1.258 times
14 Thu Nov 2024	39.69	39.83	40.25	39.60	1.226 times
13 Wed Nov 2024	39.58	40.10	40.10	39.57	0.703 times
12 Tue Nov 2024	39.38	39.68	39.72	39.27	0.526 times
11 Mon Nov 2024	40.24	40.59	40.59	40.17	0.464 times
08 Fri Nov 2024	40.55	40.94	40.94	40.31	0.777 times
07 Thu Nov 2024	41.29	40.92	41.37	40.88	0.98 times
06 Wed Nov 2024	39.98	40.01	40.17	39.68	2.927 times
05 Tue Nov 2024	39.66	39.44	39.66	39.44	0.403 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38.9, but if it comes above 38.9, then a intra day buy could be more profitable.
If you take a sell trade below 38.9, then use 38.9 as stoploss and 37.6 as target. However if you take a buy trade in stock , then use 38.9 as stoploss and 39.87 as target.

Share price targets for Shinhan Financial (SHG)

Target Type	Value
Downside Target	34.59
Downside Target	37.41
Upside Target	39.24
Upside Target	40.39
Upside Target	41.01
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	38.03
Downside Intraday Target	37.88
Upside Intraday Target	38.37
Upside Intraday Target	38.56
Upside Intraday Target	38.22

Weekly technical analysis of Shinhan Financial (SHG)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	38.18	38.14	38.41	38.07	0.303 times
15 Fri Nov 2024	38.21	40.59	40.59	38.05	0.718 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

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
18 Mon Nov 2024	38.18	39.12	41.37	38.05	0.486 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Shinhan Financial ( (SHG) ) based on a short 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 short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Strong and stock is gaining momentum.

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

Shinhan Financial Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 39.63 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.