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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.

NYSE_SHG
Open High Low SHG Price Change
34.09 34.37 33.91 34.07 -0.08
Entry Signal

MarketClub’s Trade Triangles for SHG

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 32.60

intermediate term up The intermediate-term trend has been UP since Sep 23rd, 2021 at 33.88

short term up 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).

+70
Smart Scan Analysis for SHG
Strong Downtrend Sideways 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 High50.37Year High Date2018-01-19
Year Low36.35Year Low Date2018-08-23
52wk High39.1752wk High Date2021-06-01
52wk Low26.1652wk Low Date2020-10-27
Year End Close36.64Average Volume84,234
Shares Outstanding339,548Short Interest147,463
% Institutional3.6Market Cap16,473M
Assets626,043,048MLiabilities579,818,632M
P/E Ratio5.1049Beta1.45
Volatility24.65
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