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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 2024-12-20 View latest technical analysis

10 day averaged volume of Shinhan Financial is 207093

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	33.84	33.28	34.16	33.28	1.402 times
19 Thu Dec 2024	33.73	34.07	34.34	33.68	1.135 times
18 Wed Dec 2024	33.97	35.24	35.24	33.93	1.138 times
17 Tue Dec 2024	34.14	34.30	34.41	33.91	1.165 times
16 Mon Dec 2024	34.62	35.04	35.04	34.59	0.935 times
13 Fri Dec 2024	34.93	34.74	35.07	34.66	1.144 times
12 Thu Dec 2024	35.40	35.80	35.82	35.38	0.898 times
11 Wed Dec 2024	35.88	35.63	36.03	35.43	0.957 times
10 Tue Dec 2024	35.25	35.40	35.58	35.18	1.074 times
09 Mon Dec 2024	35.69	35.75	36.00	35.54	0.678 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 34.6, but if it comes above 34.6, then a intra day buy could be more profitable.
If you take a sell trade below 34.6, then use 34.6 as stoploss and 31.8 as target. However if you take a buy trade in stock , then use 34.6 as stoploss and 36.99 as target.

Share price targets for Shinhan Financial (SHG)

Target Type	Value
Downside Target	33.28
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
Downside Intraday Target	32.16
Upside Intraday Target	34.96
Upside Intraday Target	36.08
Upside Intraday Target	34.12

Weekly technical analysis of Shinhan Financial (SHG)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	33.84	35.04	35.24	33.28	1.215 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
20 Fri Dec 2024	33.84	35.75	36.03	33.28	0.878 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 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 SELL signal for Shinhan Financial in short term and SELL signal is strong!

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

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 34.64 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.