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Stock Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Shinhan Financial Group Co Ltd American Depositary Shares (NYSE:SHG)
Long-Term Downtrend (-90) - SHG is in a strong downtrend that is likely to continue. While SHG is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Dec 3rd, 2024 at 37.410
The intermediate-term trend has been DOWN since Feb 7th, 2025 at 33.690
The short-term trend has been DOWN since Feb 20th, 2025 at 33.665
Smart Scan Analysis for SHG
Based on our trend formula, SHG is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 34.01 | 34.01 | 33.35 | 33.55 | -0.61 |
| Prev. Close | Volume | Bid | Ask | Time |
| 33.63 | 543489 | 2025-02-21 15:59:55 |
| Year High | 50.37 | Year High Date | 2018-01-19 |
| Year Low | 36.35 | Year Low Date | 2018-08-23 |
| 52wk High | 46.05 | 52wk High Date | 2024-08-26 |
| 52wk Low | 29.25 | 52wk Low Date | 2024-04-17 |
| Year End Close | 36.64 | Average Volume | 258,680 |
| Shares Outstanding | 339,548 | Short Interest | 147,463 |
| % Institutional | 3.6 | Market Cap | 16,473M |
| Assets | 745,396,500M | Liabilities | 689,395,015M |
| P/E Ratio | 4.9038 | Beta | 1.45 |
| Volatility | 24.65 |