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Stock Trend Analysis Report

Prepared for you on Tuesday, September 28, 2021.

Shinhan Financial Group Co Ltd American Depositary Shares (NYSE:SHG)

Crossroads (+60) - SHG is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
33.62 33.76 33.38 33.67 +0.38
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 Sep 23rd, 2021 at 32.36

Smart Scan Analysis for SHG

Based on our trend formula, SHG is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SHG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.62 33.76 33.38 33.67 +0.38
Prev. Close Volume Bid Ask Time
33.67 104112 2021-09-27 15:59:57
Year High50.37Year High Date2018-01-19
Year Low36.35Year Low Date2018-08-23
52wk High39.1752wk High Date2021-06-01
52wk Low22.8152wk Low Date2020-09-30
Year End Close36.64Average Volume94,125
Shares Outstanding339,548Short Interest147,463
% Institutional3.6Market Cap16,473M
Assets626,043,048MLiabilities579,818,632M
P/E Ratio4.9895Beta1.45
Volatility24.65
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