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Shinhan Financial Group Co Ltd (SHG)
NYSE:SHG

Shinhan Financial Group Co (SHG) Technical Analysis

92 Followers

Technical Sentiment

Overall Consensus
Buy
13Bullish
6Neutral
3Bearish
Technical Analysis Consensus
Buy
3Bullish
6Neutral
1Bearish
Moving Average Consensus
Strong Buy
10Bullish
0Neutral
2Bearish
Shinhan Financial Group Co Ltd’s (SHG) Moving Averages Convergence Divergence (MACD) indicator is 0.90, suggesting Shinhan Financial Group Co Ltd is a Sell.
Shinhan Financial Group Co Ltd’s (SHG) 20-Day exponential moving average is 36.12, while Shinhan Financial Group Co Ltd’s (SHG) share price is $37.13, making it a Buy.
Shinhan Financial Group Co Ltd’s (SHG) 50-Day exponential moving average is 35.06, while Shinhan Financial Group Co Ltd’s (SHG) share price is $37.13, making it a Buy.

Shinhan Financial Group Co (SHG) Pivot Points

Jul 22, 2024, 10:16 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
36.71
37.08
37.37
37.74
38.03
38.40
38.69
Fibonacci
37.08
37.34
37.49
37.74
38.00
38.15
38.40
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Shinhan Financial Group Co (SHG) Moving Averages

Jul 22, 2024, 10:16 AM
Period
Simple
Exponential
MA5
37.38Sell
37.32Sell
MA10
37.07Buy
36.90Buy
MA20
35.63Buy
36.12Buy
MA50
35.00Buy
35.06Buy
MA100
34.28Buy
33.90Buy
MA200
31.22Buy
31.44Buy
Shinhan Financial Group Co Ltd’s (SHG) 10-Day exponential moving average is 36.90, while Shinhan Financial Group Co Ltd’s (SHG) share price is $37.13, making it a Buy.
Shinhan Financial Group Co Ltd’s (SHG) 100-Day exponential moving average is 33.90, while Shinhan Financial Group Co Ltd’s (SHG) share price is $37.13, making it a Buy.
Shinhan Financial Group Co Ltd’s (SHG) stock price is $37.13 and Shinhan Financial Group Co Ltd’s (SHG) 50-day simple moving average is 35.00, creating a Buy signal.
Shinhan Financial Group Co Ltd’s (SHG) stock price is $37.13 and Shinhan Financial Group Co Ltd’s (SHG) 100-day simple moving average is 34.28, creating a Buy signal.
Shinhan Financial Group Co Ltd’s (SHG) stock price is $37.13 and Shinhan Financial Group Co Ltd’s (SHG) 200-day simple moving average is 31.22, creating a Buy signal.

Shinhan Financial Group Co (SHG) Technical Indicators

Jul 22, 2024, 10:16 AM
Name
Value
Implied Action
RSI (14)
59.92
Neutral
STOCH (9,6)
70.70
Neutral
STOCHRSI (14)
78.56
Neutral
MACD (12,26)
0.90
Sell
ADX (14)
21.80
Neutral
Williams %R
-29.76
Buy
CCI (14)
69.69
Neutral
ATR (14)
0.70
-
Ultimate Oscillator
50.93
Neutral
ROC
6.91
Buy
Shinhan Financial Group Co Ltd’s (SHG) Relative Strength Index (RSI) is 59.92, creating a Neutral signal.
Shinhan Financial Group Co Ltd’s (SHG) Trend Strength Indicator (ADX) is 21.80, creating a Neutral signal.
Shinhan Financial Group Co Ltd’s (SHG) Commodity Channel Index (CCI) is 69.69, creating a Neutral signal.
Shinhan Financial Group Co Ltd’s (SHG) Price Rate of Change (ROC) is 6.91, creating a Buy signal.

FAQ

Is SHG a Buy, Hold, or Sell?
Based on SHG’s technical indicators, SHG is a Buy.
    What is SHG’s RSI (14)?
    SHG’s RSI (14) is 59.92, which suggests SHG is a Neutral.
      What is SHG’s MACD?
      SHG’s MACD is 0.90, which suggests SHG is a Sell.
        What is SHG’s 5-day moving average?
        SHG’s 5-day moving average is 37.38, which suggests SHG is a Sell.
          What is SHG’s 20-day moving average?
          SHG 20-day moving average is 35.63, which suggests SHG is a Buy.
            What is SHG’s 50-day moving average?
            SHG’s 50-day moving average is 35.00, which suggests SHG is a Buy.
              What is SHG’s 200-day moving average?
              SHG’s 200-day moving average is 31.22, which suggests SHG is a Buy.
                What is SHG’s Williams % R (14)?
                SHG’s Williams % R (14) is -29.76, which suggests SHG is a Buy.
                  What is SHG’s CCI (14)?
                  SHG’s CCI (14) is 69.69, which suggests SHG is a Neutral.
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