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Shinhan Financial Group Co., Ltd.

SHG Technical Analysis Summary (NYSE)

Analyze SHG on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

SHG●NYSE
Financial ServicesBanks - Regional
$75.52
$1.59(2.06%)
U.S. Market opens in 40h 14m

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 (NYSE)

Shinhan Financial Group Co., Ltd. (NYSE: SHG) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 39.81)
Trend Strength:Weak (ADX: 17.72)
Volatility:Medium (ATR: 2.06)
Support/Resistance:$74.74 – $84.87 (Bollinger Bands)

Technical conditions suggest Shinhan Financial Group Co., Ltd. on the NYSE is awaiting a decisive move. Technical conditions suggest Shinhan Financial Group Co., Ltd. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 39.81

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 18.72

Bullish
Oversold zone signals rebound potential.

Williams %R: -83.91

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -8.25

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: -0.74

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 17.72

Weak
Weak trend, market trading sideways.

ATR (14): 2.06

Medium
Medium volatility, healthy price movement.

CCI (14): -108.18

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
$84.87
Middle Band (SMA 20)
$79.80
Lower Band
$74.74
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$82.76
Middle Line (EMA 20)
$78.64
Lower Channel
$74.52
Squeeze Status
No Squeeze

Takeaway:Shinhan Financial Group Co., Ltd. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume979.28K
Money Flow Index45.81Neutral, balanced money flows with no clear signal.
Relative Vigor Index48.09Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:SHG shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Shinhan Financial Group Co., Ltd. (NYSE: SHG), 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.

(NYSE: SHG) Technical Analysis FAQ