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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.

10 day averaged volume of Shinhan Financial is 149410

Date Daily Closing Price Open High Low Volume
27 Wed Mar 2024 35.39 35.04 35.49 34.82 2.42 times
26 Tue Mar 2024 36.21 36.18 36.52 35.91 1.634 times
25 Mon Mar 2024 37.94 37.92 37.99 37.78 0.564 times
22 Fri Mar 2024 37.47 37.84 37.85 37.47 0.647 times
21 Thu Mar 2024 37.62 38.11 38.32 37.44 1.549 times
20 Wed Mar 2024 37.15 36.57 37.21 36.50 0.584 times
19 Tue Mar 2024 36.30 36.16 36.47 35.93 0.977 times
18 Mon Mar 2024 36.76 37.24 37.24 36.74 1.019 times
15 Fri Mar 2024 37.38 37.14 37.49 36.74 1.117 times
14 Thu Mar 2024 37.74 38.57 38.65 37.49 1.181 times

Stock of Shinhan Financial (SHG) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 33.9 or till 31.9. Use a stoploss of 35.61 and if the stock hits stoploss, then it can shoot up till 37.29

Share price targets for Shinhan Financial (SHG)

Target Type Value
Downside Target 25.52
Downside Target 27.09
Downside Target 27.71
Downside Target 28.57
Downside Target 31.02
Downside Target 32.49
Downside Target 33.98
Downside Target 34.75
Downside Target 35.38
Upside Target 35.93
Upside Target 37.99
Upside Target 38.32
Upside Target 38.65

Intraday share price targets for Shinhan Financial (SHG)

Target Type Value
Downside Intraday Target 34.14
Downside Intraday Target 32.9
Upside Intraday Target 37.31
Upside Intraday Target 39.24
Upside Intraday Target 36.07

Weekly technical analysis of Shinhan Financial (SHG)

Date Weekly Closing Price Open High Low Volume
27 Wed Mar 2024 35.39 37.92 37.99 34.82 0.967 times
22 Fri Mar 2024 37.47 37.24 38.32 35.93 1.195 times
15 Fri Mar 2024 37.38 35.08 38.65 34.75 0.994 times
08 Fri Mar 2024 35.09 33.30 35.38 33.26 1.358 times
01 Fri Mar 2024 32.61 31.50 32.79 31.14 1.346 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 Wed Mar 2024 35.39 32.69 38.65 32.49 1.077 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
29 Fri Dec 2023 30.78 27.81 31.12 27.71 0.972 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 to mid 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 mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL signal for Shinhan Financial in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 BUY signal in short term but buying is losing 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 36.75 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 positive

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 to mid 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 mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL signal for Shinhan Financial in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 BUY signal in short term but buying is losing 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 36.75 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

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

Daily chart
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