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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.

10 day averaged volume of Shinhan Financial is 148860

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Nov 2024	39.58	39.75	39.78	39.47	0.872 times
19 Tue Nov 2024	38.57	38.19	38.69	38.04	0.793 times
18 Mon Nov 2024	38.18	38.14	38.41	38.07	1.15 times
15 Fri Nov 2024	38.21	38.40	38.48	38.05	1.144 times
14 Thu Nov 2024	39.69	39.83	40.25	39.60	1.114 times
13 Wed Nov 2024	39.58	40.10	40.10	39.57	0.64 times
12 Tue Nov 2024	39.38	39.68	39.72	39.27	0.478 times
11 Mon Nov 2024	40.24	40.59	40.59	40.17	0.422 times
08 Fri Nov 2024	40.55	40.94	40.94	40.31	0.706 times
07 Thu Nov 2024	41.29	40.92	41.37	40.88	0.891 times

My analysis of stock is bearish for shortterm, and stock might move down till 38.7 or till 37.5. Use a stoploss of 39.69 and if the stock hits stoploss, then it can shoot up till 40.68

Share price targets for Shinhan Financial (SHG)

Target Type	Value
Downside Target	34.59
Downside Target	37.41
Downside Target	39.24
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	38.49
Downside Intraday Target	37.39
Upside Intraday Target	40.23
Upside Intraday Target	40.87
Downside Intraday Target	39.13

Weekly technical analysis of Shinhan Financial (SHG)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Nov 2024	39.58	38.14	39.78	38.04	0.741 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 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
20 Wed Nov 2024	39.58	39.12	41.37	38.04	0.559 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 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 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 to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 BUY. 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 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 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 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 39.4 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.