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Shinhan Financial Group Co Ltd (SHG)
NYSE:SHG

Shinhan Financial Group Co (SHG) Technical Analysis

91 Followers

Technical Sentiment

Overall Consensus
Buy
14Bullish
4Neutral
4Bearish
Technical Analysis Consensus
Sell
2Bullish
4Neutral
4Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Shinhan Financial Group Co Ltd’s (SHG) Moving Averages Convergence Divergence (MACD) indicator is 0.71, suggesting Shinhan Financial Group Co Ltd is a Sell.
Shinhan Financial Group Co Ltd’s (SHG) 20-Day exponential moving average is 34.33, while Shinhan Financial Group Co Ltd’s (SHG) share price is $35.56, making it a Buy.
Shinhan Financial Group Co Ltd’s (SHG) 50-Day exponential moving average is 33.56, while Shinhan Financial Group Co Ltd’s (SHG) share price is $35.56, making it a Buy.

Shinhan Financial Group Co (SHG) Pivot Points

May 19, 2024, 03:03 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
35.34
35.47
35.57
35.70
35.79
35.92
36.02
Fibonacci
35.47
35.56
35.61
35.70
35.78
35.84
35.92
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

May 19, 2024, 03:03 PM
Period
Simple
Exponential
MA5
35.42Buy
35.39Buy
MA10
35.01Buy
34.98Buy
MA20
34.11Buy
34.33Buy
MA50
34.08Buy
33.56Buy
MA100
32.40Buy
32.38Buy
MA200
29.58Buy
30.09Buy
Shinhan Financial Group Co Ltd’s (SHG) 10-Day exponential moving average is 34.98, while Shinhan Financial Group Co Ltd’s (SHG) share price is $35.56, making it a Buy.
Shinhan Financial Group Co Ltd’s (SHG) 100-Day exponential moving average is 32.38, while Shinhan Financial Group Co Ltd’s (SHG) share price is $35.56, making it a Buy.
Shinhan Financial Group Co Ltd’s (SHG) stock price is $35.56 and Shinhan Financial Group Co Ltd’s (SHG) 50-day simple moving average is 34.08, creating a Buy signal.
Shinhan Financial Group Co Ltd’s (SHG) stock price is $35.56 and Shinhan Financial Group Co Ltd’s (SHG) 100-day simple moving average is 32.40, creating a Buy signal.
Shinhan Financial Group Co Ltd’s (SHG) stock price is $35.56 and Shinhan Financial Group Co Ltd’s (SHG) 200-day simple moving average is 29.58, creating a Buy signal.

Shinhan Financial Group Co (SHG) Technical Indicators

May 19, 2024, 03:03 PM
Name
Value
Implied Action
RSI (14)
62.12
Neutral
STOCH (9,6)
90.44
Sell
STOCHRSI (14)
92.95
Sell
MACD (12,26)
0.71
Sell
ADX (14)
22.07
Neutral
Williams %R
-10.51
Sell
CCI (14)
96.87
Neutral
ATR (14)
0.69
-
Ultimate Oscillator
61.76
Neutral
ROC
3.73
Buy
Shinhan Financial Group Co Ltd’s (SHG) Relative Strength Index (RSI) is 62.12, creating a Neutral signal.
Shinhan Financial Group Co Ltd’s (SHG) Trend Strength Indicator (ADX) is 22.07, creating a Neutral signal.
Shinhan Financial Group Co Ltd’s (SHG) Commodity Channel Index (CCI) is 96.87, creating a Neutral signal.
Shinhan Financial Group Co Ltd’s (SHG) Price Rate of Change (ROC) is 3.73, 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 62.12, which suggests SHG is a Neutral.
      What is SHG’s MACD?
      SHG’s MACD is 0.71, which suggests SHG is a Sell.
        What is SHG’s 5-day moving average?
        SHG’s 5-day moving average is 35.42, which suggests SHG is a Buy.
          What is SHG’s 20-day moving average?
          SHG 20-day moving average is 34.11, which suggests SHG is a Buy.
            What is SHG’s 50-day moving average?
            SHG’s 50-day moving average is 34.08, which suggests SHG is a Buy.
              What is SHG’s 200-day moving average?
              SHG’s 200-day moving average is 29.58, which suggests SHG is a Buy.
                What is SHG’s Williams % R (14)?
                SHG’s Williams % R (14) is -10.51, which suggests SHG is a Sell.
                  What is SHG’s CCI (14)?
                  SHG’s CCI (14) is 96.87, which suggests SHG is a Neutral.
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