Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SHG
The long-term trend has been DOWN since Jul 19th, 2021 at 32.60
The intermediate-term trend has been UP since Sep 23rd, 2021 at 33.88
The short-term trend has been UP since Oct 15th, 2021 at 32.89
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 |
|---|---|---|---|---|
| 34.09 | 34.37 | 33.91 | 34.07 | -0.08 |
| Prev. Close | Volume | Bid | Ask | Time |
| 34.06 | 103918 | 2021-10-22 15:59:52 |
| Year High | 50.37 | Year High Date | 2018-01-19 |
| Year Low | 36.35 | Year Low Date | 2018-08-23 |
| 52wk High | 39.17 | 52wk High Date | 2021-06-01 |
| 52wk Low | 26.16 | 52wk Low Date | 2020-10-27 |
| Year End Close | 36.64 | Average Volume | 84,234 |
| Shares Outstanding | 339,548 | Short Interest | 147,463 |
| % Institutional | 3.6 | Market Cap | 16,473M |
| Assets | 626,043,048M | Liabilities | 579,818,632M |
| P/E Ratio | 5.1049 | Beta | 1.45 |
| Volatility | 24.65 |