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 2025-03-12 View latest technical analysis

10 day averaged volume of Shinhan Financial is 402518

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Mar 2025	31.41	31.40	31.55	31.12	0.588 times
11 Tue Mar 2025	31.04	31.11	31.24	30.80	0.929 times
10 Mon Mar 2025	31.29	31.45	31.76	31.15	0.928 times
07 Fri Mar 2025	31.76	31.36	31.79	31.18	1.266 times
06 Thu Mar 2025	32.19	32.04	32.62	31.92	0.719 times
05 Wed Mar 2025	31.75	31.37	31.81	30.97	1.457 times
04 Tue Mar 2025	31.80	31.59	32.28	31.39	0.917 times
03 Mon Mar 2025	31.82	32.33	32.50	31.66	0.916 times
28 Fri Feb 2025	31.95	31.84	32.05	31.68	0.646 times
27 Thu Feb 2025	32.88	33.50	33.50	32.87	1.562 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 31.7, but if it comes above 31.7, then a intra day buy could be more profitable.
If you take a sell trade below 31.7, then use 31.7 as stoploss and 30.4 as target. However if you take a buy trade in stock , then use 31.7 as stoploss and 32.76 as target.

Share price targets for Shinhan Financial (SHG)

Target Type	Value
Downside Target	30.80
Upside Target	31.68
Upside Target	32.50
Upside Target	33.35
Upside Target	33.65
Upside Target	34.37
Upside Target	34.48
Upside Target	35.39
Upside Target	35.77
Upside Target	36.03
Upside Target	38.04
Upside Target	41.37

Intraday share price targets for Shinhan Financial (SHG)

Target Type	Value
Downside Intraday Target	30.89
Downside Intraday Target	30.36
Upside Intraday Target	31.85
Upside Intraday Target	32.28
Downside Intraday Target	31.32

Weekly technical analysis of Shinhan Financial (SHG)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Mar 2025	31.41	31.45	31.76	30.80	0.463 times
07 Fri Mar 2025	31.76	32.33	32.62	30.97	1.137 times
28 Fri Feb 2025	31.95	33.30	33.65	31.68	0.816 times
21 Fri Feb 2025	33.63	34.05	34.37	33.35	1.439 times
14 Fri Feb 2025	33.85	33.93	34.48	33.41	2.214 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
12 Wed Mar 2025	31.41	32.33	32.62	30.80	0.48 times
28 Fri Feb 2025	31.95	34.28	35.39	31.68	1.548 times
31 Fri Jan 2025	35.02	32.86	35.77	32.50	1.331 times
31 Tue Dec 2024	32.88	35.75	36.03	32.57	1.265 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 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 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 losing momentum.

MACD generated a SELL signal for Shinhan Financial in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 moving up

CCI has generated a buy signal for Shinhan Financial in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying 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 31.86 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.