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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 2024-11-26 View latest technical analysis

10 day averaged volume of Shinhan Financial is 126060

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	39.31	38.83	39.39	38.73	1.439 times
26 Tue Nov 2024	39.31	38.83	39.39	38.73	1.439 times
25 Mon Nov 2024	40.04	40.40	40.43	40.02	0.673 times
22 Fri Nov 2024	39.75	39.54	39.85	39.44	0.672 times
21 Thu Nov 2024	39.66	39.86	39.86	39.61	0.47 times
20 Wed Nov 2024	39.58	39.75	39.78	39.47	1.03 times
19 Tue Nov 2024	38.57	38.19	38.69	38.04	0.936 times
18 Mon Nov 2024	38.18	38.14	38.41	38.07	1.358 times
15 Fri Nov 2024	38.21	38.40	38.48	38.05	1.351 times
14 Thu Nov 2024	39.69	39.83	40.25	39.60	1.316 times

My analysis of stock is bearish for shortterm, and stock might move down till 38.7 or till 37.7. Use a stoploss of 39.46 and if the stock hits stoploss, then it can shoot up till 40.26

Share price targets for Shinhan Financial (SHG)

Target Type	Value
Downside Target	34.59
Downside Target	37.41
Upside Target	39.86
Upside Target	40.43
Upside Target	40.59
Upside Target	41.37
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	38.9
Downside Intraday Target	38.48
Upside Intraday Target	39.56
Upside Intraday Target	39.8
Downside Intraday Target	39.14

Weekly technical analysis of Shinhan Financial (SHG)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Nov 2024	39.31	38.83	39.39	38.73	0.681 times
26 Tue Nov 2024	39.31	40.40	40.43	38.73	0.473 times
22 Fri Nov 2024	39.75	38.14	39.86	38.04	0.996 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

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
26 Tue Nov 2024	39.31	39.12	41.37	38.04	0.735 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 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 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 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 Weak and stock is gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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

RSI is generating a SELL signal in short term but selling is losing 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 39.12 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.