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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 2024-12-17 View latest technical analysis

10 day averaged volume of Shinhan Financial is 170979

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	34.14	34.30	34.41	33.91	1.411 times
16 Mon Dec 2024	34.62	35.04	35.04	34.59	1.132 times
13 Fri Dec 2024	34.93	34.74	35.07	34.66	1.386 times
12 Thu Dec 2024	35.40	35.80	35.82	35.38	1.088 times
11 Wed Dec 2024	35.88	35.63	36.03	35.43	1.159 times
10 Tue Dec 2024	35.25	35.40	35.58	35.18	1.301 times
09 Mon Dec 2024	35.69	35.75	36.00	35.54	0.821 times
26 Tue Nov 2024	39.31	38.83	39.39	38.73	1.061 times
26 Tue Nov 2024	39.31	38.83	39.39	38.73	1.061 times
25 Mon Nov 2024	40.04	40.40	40.43	40.02	0.496 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 33.3, for a target of 35.8 or 37.87

Share price targets for Shinhan Financial (SHG)

Target Type	Value
Downside Target	33.91
Upside Target	34.66
Upside Target	36.03
Upside Target	37.41
Upside Target	39.27
Upside Target	39.39
Upside Target	39.86
Upside Target	40.43
Upside Target	41.37
Upside Target	43.23
Upside Target	44.89
Upside Target	46.05

Intraday share price targets for Shinhan Financial (SHG)

Target Type	Value
Downside Intraday Target	33.69
Downside Intraday Target	33.23
Upside Intraday Target	34.82
Upside Intraday Target	35.49
Upside Intraday Target	34.36

Weekly technical analysis of Shinhan Financial (SHG)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	34.14	35.04	35.04	33.91	0.442 times
13 Fri Dec 2024	34.93	35.75	36.03	34.66	5.424 times
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

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
17 Tue Dec 2024	34.14	35.75	36.03	33.91	0.572 times
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

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 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 gaining 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 getting stronger in this stock.

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 and SELL 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 36.12 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.