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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Shinhan Financial Group Co Ltd American Depositary Shares (NYSE:SHG)
Weak Downtrend (-65) - SHG is showing signs of a strengthening downtrend. Monitor SHG as it may be building momentum to the downside.
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 27.83
The intermediate-term trend has been DOWN since Oct 11th, 2024 at 40.34
The short-term trend has been DOWN since Nov 12th, 2024 at 40.17
Smart Scan Analysis for SHG
Based on our trend formula, SHG is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 38.04 | 38.69 | 38.04 | 38.60 | +0.42 |
| Prev. Close | Volume | Bid | Ask | Time |
| 38.57 | 105191 | 2024-11-19 15:59:36 |
| 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 | 27.09 | 52wk Low Date | 2024-01-17 |
| Year End Close | 36.64 | Average Volume | 135,224 |
| 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 | 5.4809 | Beta | 1.45 |
| Volatility | 24.65 |