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Shinhan Financial Group Co., Ltd.

Shinhan Financial Group Co., Ltd. (SHG) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Shinhan Financial Group Co., Ltd..

SHG●NYSE
Financial ServicesBanks - Regional
$60.28
$1.71(2.76%)
U.S. Market opens in NaNh NaNm
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Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SHG Technical Analysis Summary

Shinhan Financial Group Co., Ltd. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 37.05)
Trend Strength:Weak (ADX: 15.71)
Volatility:Medium (ATR: 2.17)
Support/Resistance:$60.16 – $70.43 (Bollinger Bands)

Overall, Shinhan Financial Group Co., Ltd. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 37.05

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 3.88

Bullish
Oversold zone signals rebound potential.

Williams %R: -95.46

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -10.21

Strongly Bearish
Sharp downside momentum.

Takeaway:Shinhan Financial Group Co., Ltd. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.55

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 15.71

Weak
Weak trend, market trading sideways.

ATR (14): 2.17

Medium
Medium volatility, healthy price movement.

CCI (14): -159.53

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Shinhan Financial Group Co., Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$70.43
Middle Band (SMA 20)
$65.30
Lower Band
$60.16
Current Position
Within Bands

Takeaway:Shinhan Financial Group Co., Ltd. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$69.32
Middle Line (EMA 20)
$64.97
Lower Channel
$60.63
Squeeze Status
No Squeeze

Takeaway:Shinhan Financial Group Co., Ltd. trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-2.11M
Money Flow Index32.96Bearish, selling pressure outweighs inflows.
Relative Vigor Index19.05Bearish, price momentum favors sellers.

Overall Takeaway:SHG shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Shinhan Financial Group Co., Ltd., here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Shinhan Financial Group Co., Ltd. are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ