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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
$74.71
$3.00(4.18%)
U.S. Market opens in 65h 0m

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:Neutral to Bearish (RSI: 47.75)
Trend Strength:Weak (ADX: 18.16)
Volatility:Medium (ATR: 1.94)
Support/Resistance:$68.69 – $76.88 (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): 47.75

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 42.80

Neutral
Mid-range signal with no clear trend.

Williams %R: -87.72

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): 2.35

Bullish
Steady upward momentum.

Takeaway:Shinhan Financial Group Co., Ltd. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 1.14

Bullish
Bullish, trend momentum is strengthening.

ADX: 18.16

Weak
Weak trend, market trading sideways.

ATR (14): 1.94

Low
Low volatility, stable price action.

CCI (14): -108.59

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
$76.88
Middle Band (SMA 20)
$72.79
Lower Band
$68.69
Current Position
Within Bands

Takeaway:Shinhan Financial Group Co., Ltd. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$76.80
Middle Line (EMA 20)
$72.92
Lower Channel
$69.04
Squeeze Status
No Squeeze

Takeaway:Shinhan Financial Group Co., Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-555.63K
Money Flow Index60.88Bullish, inflows support continued momentum.
Relative Vigor Index51.37Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:SHG shows bullish money flow, with volume and vigor supporting buyers.

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

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

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

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