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Stock Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

Shinhan Financial Group Co Ltd American Depositary Shares (NYSE:SHG)

Crossroads (+60) - SHG is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

NYSE_SHG
Open High Low SHG Price Change
34.59 34.66 34.25 34.54 -0.36
Entry Signal

MarketClub’s Trade Triangles for SHG

long term down The long-term trend has been DOWN since Dec 3rd, 2024 at 37.41

intermediate term up The intermediate-term trend has been UP since Jan 13th, 2025 at 34.37

short term up The short-term trend has been UP since Jan 3rd, 2025 at 33.11

Smart Scan Analysis for SHG

Based on our trend formula, SHG is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SHG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.59 34.66 34.25 34.54 -0.36
Prev. Close Volume Bid Ask Time
34.54 241635 2025-01-17 15:59:52
Year High50.37Year High Date2018-01-19
Year Low36.35Year Low Date2018-08-23
52wk High46.0552wk High Date2024-08-26
52wk Low27.5652wk Low Date2024-01-19
Year End Close36.64Average Volume196,141
Shares Outstanding339,548Short Interest147,463
% Institutional3.6Market Cap16,473M
Assets745,396,500MLiabilities689,395,015M
P/E Ratio4.9584Beta1.45
Volatility24.65
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