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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Shinhan Financial Group Co Ltd American Depositary Shares (NYSE:SHG)
Strong Uptrend (+100) - SHG is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SHG continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SHG?
MarketClub looks at technical strength and momentum to determine if the timing is right for SHG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SHG
The long-term trend has been UP since Aug 1st, 2023 at 27.8300
The intermediate-term trend has been UP since May 3rd, 2024 at 34.3800
The short-term trend has been UP since May 3rd, 2024 at 34.1538
Smart Scan Analysis for SHG
Based on our trend formula, SHG is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 34.36 | 34.77 | 34.36 | 34.77 | +0.84 |
| Prev. Close | Volume | Bid | Ask | Time |
| 34.80 | 58133 | 2024-05-08 15:59:45 |
| Year High | 50.37 | Year High Date | 2018-01-19 |
| Year Low | 36.35 | Year Low Date | 2018-08-23 |
| 52wk High | 38.65 | 52wk High Date | 2024-03-14 |
| 52wk Low | 24.99 | 52wk Low Date | 2023-07-06 |
| Year End Close | 36.64 | Average Volume | 134,363 |
| Shares Outstanding | 339,548 | Short Interest | 147,463 |
| % Institutional | 3.6 | Market Cap | 16,473M |
| Assets | 696,218,751M | Liabilities | 647,719,123M |
| P/E Ratio | 4.157 | Beta | 1.45 |
| Volatility | 24.65 |