(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 2024-11-14 View latest technical analysis
10 day averaged volume of Shinhan Financial is 140630
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Thu Nov 2024 | 39.69 | 39.83 | 40.25 | 39.60 | 1.18 times |
| 13 Wed Nov 2024 | 39.58 | 40.10 | 40.10 | 39.57 | 0.677 times |
| 12 Tue Nov 2024 | 39.38 | 39.68 | 39.72 | 39.27 | 0.506 times |
| 11 Mon Nov 2024 | 40.24 | 40.59 | 40.59 | 40.17 | 0.447 times |
| 08 Fri Nov 2024 | 40.55 | 40.94 | 40.94 | 40.31 | 0.747 times |
| 07 Thu Nov 2024 | 41.29 | 40.92 | 41.37 | 40.88 | 0.944 times |
| 06 Wed Nov 2024 | 39.98 | 40.01 | 40.17 | 39.68 | 2.817 times |
| 05 Tue Nov 2024 | 39.66 | 39.44 | 39.66 | 39.44 | 0.388 times |
| 04 Mon Nov 2024 | 39.24 | 39.50 | 39.67 | 39.24 | 0.708 times |
| 01 Fri Nov 2024 | 39.10 | 39.12 | 39.78 | 39.10 | 0.841 times |
My analysis of stock is bearish for shortterm, and stock might move down till 39.2 or till 38.2. Use a stoploss of 40.15 and if the stock hits stoploss, then it can shoot up till 41.05
Share price targets for Shinhan Financial (SHG)
| Target Type | Value |
| Downside Target | 34.59 |
| Downside Target | 37.41 |
| Downside Target | 38.21 |
| Downside Target | 39.10 |
| Upside Target | 40.39 |
| 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 | 39.11 |
| Downside Intraday Target | 38.53 |
| Upside Intraday Target | 40.43 |
| Upside Intraday Target | 41.17 |
| Upside Intraday Target | 39.85 |
Weekly technical analysis of Shinhan Financial (SHG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Thu Nov 2024 | 39.69 | 40.59 | 40.59 | 39.27 | 0.501 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 |
| 18 Fri Oct 2024 | 41.51 | 42.71 | 43.23 | 41.36 | 0.524 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 |
| 14 Thu Nov 2024 | 39.69 | 39.12 | 41.37 | 39.10 | 0.385 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 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 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 losing 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. Bears are getting stronger in this stock.
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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 39.92 and Shinhan Financial (SHG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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 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 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 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 losing 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. Bears are getting stronger in this stock.
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 and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 39.92 and Shinhan Financial (SHG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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.