(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.
10 day averaged volume of Shinhan Financial is 189530
Date | Daily Closing Price | Open | High | Low | Volume |
18 Thu Apr 2024 | 30.30 | 30.49 | 30.57 | 30.15 | 0.642 times |
17 Wed Apr 2024 | 29.33 | 29.58 | 29.58 | 29.25 | 0.536 times |
16 Tue Apr 2024 | 29.48 | 29.63 | 29.68 | 29.31 | 0.769 times |
15 Mon Apr 2024 | 29.98 | 30.42 | 30.69 | 29.97 | 0.472 times |
12 Fri Apr 2024 | 30.00 | 30.28 | 30.39 | 29.96 | 0.947 times |
11 Thu Apr 2024 | 31.80 | 31.72 | 31.93 | 31.45 | 1.27 times |
10 Wed Apr 2024 | 31.80 | 32.40 | 32.78 | 31.66 | 2.323 times |
09 Tue Apr 2024 | 32.80 | 32.55 | 32.90 | 32.25 | 1.466 times |
08 Mon Apr 2024 | 33.19 | 33.04 | 33.44 | 32.76 | 0.858 times |
05 Fri Apr 2024 | 33.00 | 32.91 | 33.07 | 32.72 | 0.555 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 30.6, but if it comes above 30.6, then a intra day buy could be more profitable.
If you take a sell trade below 30.6, then use 30.6 as stoploss and 27.4 as target. However if you take a buy trade in stock , then use 30.6 as stoploss and 33.23 as target.
Share price targets for Shinhan Financial (SHG)
Target Type | Value |
Downside Target | 27.09 |
Downside Target | 27.71 |
Downside Target | 29.25 |
Downside Target | 29.96 |
Upside Target | 30.69 |
Upside Target | 32.24 |
Upside Target | 33.44 |
Upside Target | 34.49 |
Upside Target | 34.82 |
Upside Target | 35.93 |
Upside Target | 37.99 |
Upside Target | 38.32 |
Upside Target | 38.65 |
Intraday share price targets for Shinhan Financial (SHG)
Target Type | Value |
Downside Intraday Target | 29.47 |
Downside Intraday Target | 28.64 |
Upside Intraday Target | 30.91 |
Upside Intraday Target | 31.52 |
Downside Intraday Target | 30.08 |
Weekly technical analysis of Shinhan Financial (SHG)
Date | Weekly Closing Price | Open | High | Low | Volume |
18 Thu Apr 2024 | 30.30 | 30.42 | 30.69 | 29.25 | 0.352 times |
12 Fri Apr 2024 | 30.00 | 33.04 | 33.44 | 29.96 | 1.928 times |
05 Fri Apr 2024 | 33.00 | 34.08 | 34.49 | 32.24 | 0.761 times |
28 Thu Mar 2024 | 35.49 | 37.92 | 37.99 | 34.82 | 1.243 times |
22 Fri Mar 2024 | 37.47 | 37.24 | 38.32 | 35.93 | 1.195 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 |
18 Thu Apr 2024 | 30.30 | 34.08 | 34.49 | 29.25 | 0.833 times |
28 Thu Mar 2024 | 35.49 | 32.69 | 38.65 | 32.49 | 1.155 times |
29 Thu Feb 2024 | 32.58 | 31.80 | 33.98 | 31.14 | 0.801 times |
31 Wed Jan 2024 | 30.69 | 30.09 | 31.02 | 27.09 | 1.272 times |
Scroll below to view daily charts
Price has moved down 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 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 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 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 Strong and stock is losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below 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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 31.46 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.
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 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 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 Strong and stock is losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below 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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 31.46 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.