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Stock Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

Shinhan Financial Group Co Ltd ADS (NYSE:SHG)

Long-Term Downtrend (-90) - SHG is in a strong downtrend that is likely to continue. While SHG is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
23.58 23.58 22.80 23.11 -0.60
Entry Signal

MarketClub’s Trade Triangles for SHG

long term down The long-term trend has been DOWN since Jan 27th, 2020 at 34.1740

intermediate term down The intermediate-term trend has been DOWN since May 22nd, 2020 at 22.9000

short term down The short-term trend has been DOWN since May 21st, 2020 at 23.7976

Smart Scan Analysis for SHG

Based on our trend formula, SHG is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SHG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.58 23.58 22.80 23.11 -0.60
Prev. Close Volume Bid Ask Time
22.91 183701 2020-05-22 15:59:50
Year High50.37Year High Date2018-01-19
Year Low36.35Year Low Date2018-08-23
52wk High40.5952wk High Date2019-04-16
52wk Low17.0952wk Low Date2020-03-25
Year End Close36.64Average Volume236,309
Shares Outstanding339,548Short Interest147,463
% Institutional3.6Market Cap16,473M
Assets581.2MLiabilities410.8M
Beta1.45Volatility24.65
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