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.
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 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).
|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||22.81||52wk Low Date||2020-09-30|
|Year End Close||36.64||Average Volume||94,125|
|Shares Outstanding||339,548||Short Interest||147,463|
|% Institutional||3.6||Market Cap||16,473M|