Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Saturday, September 23, 2023.
Shinhan Financial Group Co Ltd American Depositary Shares (NYSE:SHG)
Bull Market Weakness (+75) - SHG is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SHG as it may be in the beginning stages of a reversal.
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 27.830
The intermediate-term trend has been UP since Sep 11th, 2023 at 27.260
The short-term trend has been DOWN since Sep 21st, 2023 at 28.185
Smart Scan Analysis for SHG
Based on our trend formula, SHG is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 27.95 | 28.15 | 27.86 | 27.87 | +0.09 |
| Prev. Close | Volume | Bid | Ask | Time |
| 27.87 | 150999 | 2023-09-22 15:59:56 |
| Year High | 50.37 | Year High Date | 2018-01-19 |
| Year Low | 36.35 | Year Low Date | 2018-08-23 |
| 52wk High | 36.64 | 52wk High Date | 2023-01-26 |
| 52wk Low | 22.98 | 52wk Low Date | 2022-09-30 |
| Year End Close | 36.64 | Average Volume | 97,582 |
| 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 |