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Shinhan Financial Group Co., Ltd.

SHG•NYSE
Financial Services
Banks - Regional
$64.13
$-1.24(-1.90%)
U.S. Market opens in 25h 10m

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. (NYSE:SHG).

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:Neutral to Bearish (RSI: 43.19)
Trend Strength:Weak (ADX: 13.59)
Volatility:Medium (ATR: 1.85)
Support/Resistance:$64.16 – $69.45 (Bollinger Bands)

This mix signals that Shinhan Financial Group Co., Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 43.19

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 17.76

Bullish
Oversold zone signals rebound potential.

Williams %R: -86.46

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -3.80

Bearish
Selling pressure outweighs buying.

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

Trend & Volatility

MACD: -0.03

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 13.59

Weak
Weak trend, market trading sideways.

ATR (14): 1.85

Low
Low volatility, stable price action.

CCI (14): -149.07

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
$69.45
Middle Band (SMA 20)
$66.81
Lower Band
$64.16
Current Position
Below Lower Band

Takeaway:Shinhan Financial Group Co., Ltd. trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$69.97
Middle Line (EMA 20)
$66.28
Lower Channel
$62.59
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume-3.36M
Money Flow Index44.69Neutral, balanced money flows with no clear signal.
Relative Vigor Index39.61Bearish, price momentum favors sellers.

Overall Takeaway:SHG shows mixed signals in money flow analysis.

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