(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 2024-04-22 View latest technical analysis
10 day averaged volume of Shinhan Financial is 181810
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 32.22 | 32.03 | 32.33 | 31.91 | 0.903 times |
| 19 Fri Apr 2024 | 30.49 | 30.43 | 30.62 | 30.38 | 0.325 times |
| 18 Thu Apr 2024 | 30.30 | 30.49 | 30.57 | 30.15 | 0.669 times |
| 17 Wed Apr 2024 | 29.33 | 29.58 | 29.58 | 29.25 | 0.558 times |
| 16 Tue Apr 2024 | 29.48 | 29.63 | 29.68 | 29.31 | 0.801 times |
| 15 Mon Apr 2024 | 29.98 | 30.42 | 30.69 | 29.97 | 0.492 times |
| 12 Fri Apr 2024 | 30.00 | 30.28 | 30.39 | 29.96 | 0.987 times |
| 11 Thu Apr 2024 | 31.80 | 31.72 | 31.93 | 31.45 | 1.324 times |
| 10 Wed Apr 2024 | 31.80 | 32.40 | 32.78 | 31.66 | 2.421 times |
| 09 Tue Apr 2024 | 32.80 | 32.55 | 32.90 | 32.25 | 1.528 times |
My analysis of stock is bearish for shortterm, and stock might move down till 30.3 or till 27.6. Use a stoploss of 32.61 and if the stock hits stoploss, then it can shoot up till 34.9
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 |
| Downside Target | 30.69 |
| Downside Target | 31.91 |
| Upside Target | 33.44 |
| Upside Target | 33.98 |
| Upside Target | 34.49 |
| Upside Target | 34.82 |
| Upside Target | 37.99 |
| Upside Target | 38.65 |
Intraday share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Intraday Target | 31.98 |
| Downside Intraday Target | 31.73 |
| Upside Intraday Target | 32.4 |
| Upside Intraday Target | 32.57 |
| Downside Intraday Target | 32.15 |
Weekly technical analysis of Shinhan Financial (SHG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 32.22 | 32.03 | 32.33 | 31.91 | 0.317 times |
| 19 Fri Apr 2024 | 30.49 | 30.42 | 30.69 | 29.25 | 0.398 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 |
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 |
| 22 Mon Apr 2024 | 32.22 | 34.08 | 34.49 | 29.25 | 0.909 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 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 short 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 BUY signal in short term and the buying is gaining 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 31.26 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.
Price action analysis of Shinhan Financial ( (SHG) ) based on a short 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 short 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 BUY signal in short term and the buying is gaining 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 31.26 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.