Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-27 View latest technical analysis

10 day averaged volume of Shinhan Financial is 201504

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	33.18	33.16	33.43	32.99	1.198 times
26 Thu Dec 2024	33.66	33.75	34.01	33.51	0.91 times
24 Tue Dec 2024	34.26	33.74	34.37	33.74	0.312 times
23 Mon Dec 2024	34.12	33.90	34.20	33.81	0.744 times
20 Fri Dec 2024	33.84	33.28	34.16	33.28	1.441 times
19 Thu Dec 2024	33.73	34.07	34.34	33.68	1.167 times
18 Wed Dec 2024	33.97	35.24	35.24	33.93	1.169 times
17 Tue Dec 2024	34.14	34.30	34.41	33.91	1.198 times
16 Mon Dec 2024	34.62	35.04	35.04	34.59	0.961 times
13 Fri Dec 2024	34.93	34.74	35.07	34.66	1.176 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 33.6, but if it comes above 33.6, then a intra day buy could be more profitable.
If you take a sell trade below 33.6, then use 33.6 as stoploss and 30.6 as target. However if you take a buy trade in stock , then use 33.6 as stoploss and 36.02 as target.

Share price targets for Shinhan Financial (SHG)

Target Type	Value
Downside Target	32.99
Upside Target	34.37
Upside Target	36.03
Upside Target	37.41
Upside Target	38.73
Upside Target	39.27
Upside Target	39.39
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	32.66
Downside Intraday Target	32.13
Upside Intraday Target	34.04
Upside Intraday Target	34.89
Upside Intraday Target	33.51

Weekly technical analysis of Shinhan Financial (SHG)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	33.18	33.90	34.37	32.99	0.533 times
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

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
27 Fri Dec 2024	33.18	35.75	36.03	32.99	1.135 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 34.02 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.