SHG Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Shinhan Financial Group Co Ltd (SHG) Moving Averages Convergence Divergence (MACD) indicator is -0.703, suggesting SHG is Strong Buy.

Shinhan Financial Group Co Ltd (SHG) 20-Day simple moving average is 61.027, while Shinhan Financial Group Co Ltd (SHG) share price is $61.32, making it Buy.

Shinhan Financial Group Co Ltd (SHG) 60-Day simple moving average is 61.484, while Shinhan Financial Group Co Ltd (SHG) share price is $61.32, making it Sell.

Technical Analysis for SHG

Technical Sentiment Analysis for Shinhan Financial Group Co Ltd (SHG) As of 2026-03-31, Shinhan Financial Group Co Ltd (SHG) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 9 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SHG stands at 47.661, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.703, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 39.602 and the Commodity Channel Index (CCI) at -54.245 further confirm a 0.12 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, SHG is trading above its 60-day moving average of $61.484 and above its 200-day long-term moving average of $53.665. Key price levels to watch include the immediate resistance at $63.745 and strong support at $58.655. A break above $63.745 could signal a bull continuation, while falling below $58.655 may test the next Fibonacci floor at $56.007.

Shinhan Financial Group Co Ltd (SHG) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	53.565	56.007	58.655	61.097	63.745	66.187	68.835
Fibonacci	56.007	57.952	59.153	61.097	63.042	64.243	66.187

Shinhan Financial Group Co Ltd (SHG) Technical Indicators

2026-03-31

Name	Value
RSI_14	47.661
STOCHk_14_3_3	39.602
STOCHd_14_3_3	42.282
CCI_20	-54.245
AO_5_34	-3.282
MOM_10	0.12
MACD_12_26_9	-0.703

Shinhan Financial Group Co Ltd (SHG) Relative Strength Index (RSI) is 47.661, creating a Neutral signal.

Shinhan Financial Group Co Ltd (SHG) Stochastic Oscillator is 39.602, creating a Neutral signal.

Shinhan Financial Group Co Ltd (SHG) Stochastic RSI is 42.282, creating a Neutral signal.

Shinhan Financial Group Co Ltd (SHG) Commodity Channel Index (CCI) is -54.245, creating a Neutral signal.

Shinhan Financial Group Co Ltd (SHG) Awesome Oscillator is -3.282, creating a Sell signal.

Shinhan Financial Group Co Ltd (SHG) Momentum is 0.12, creating a Buy signal.

Shinhan Financial Group Co Ltd (SHG) MACD is -0.703, creating a Sell signal.

Shinhan Financial Group Co Ltd (SHG) Moving Average

2026-03-31

Period	Simple	Signal
MA_5	60.894	Buy
MA_10	61.302	Buy
MA_20	61.027	Buy
MA_60	61.484	Sell
MA_200	53.665	Buy
MA_250	50.313	Buy

Shinhan Financial Group Co Ltd (SHG) 5-Day simple moving average is 60.894, while Shinhan Financial Group Co Ltd (SHG) share price is $61.32, making it a Buy.

Shinhan Financial Group Co Ltd (SHG) 10-Day simple moving average is 61.302, while Shinhan Financial Group Co Ltd (SHG) share price is $61.32, making it a Buy.

Shinhan Financial Group Co Ltd (SHG) 20-Day simple moving average is 61.027, while Shinhan Financial Group Co Ltd (SHG) share price is $61.32, making it a Buy.

Shinhan Financial Group Co Ltd (SHG) 60-Day simple moving average is 61.484, while Shinhan Financial Group Co Ltd (SHG) share price is $61.32, making it a Sell.

Shinhan Financial Group Co Ltd (SHG) 200-Day simple moving average is 53.665, while Shinhan Financial Group Co Ltd (SHG) share price is $61.32, making it a Buy.

Shinhan Financial Group Co Ltd (SHG) 250-Day simple moving average is 50.313, while Shinhan Financial Group Co Ltd (SHG) share price is $61.32, making it a Buy.

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Frequently Asked Questions

What is the current technical consensus for SHG?

The overall technical consensus for Shinhan Financial Group Co Ltd (SHG) is currently Strong Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 4 buy signals and 2 sell signals.

What are the key support and resistance levels for Shinhan Financial Group Co Ltd (SHG) today?

Based on pivot point calculations, Shinhan Financial Group Co Ltd (SHG) has an immediate support level at 58.655 and a major resistance level at 63.745. Traders also monitor the pivot point at 61.097 to determine the intraday trend direction.

Is Shinhan Financial Group Co Ltd (SHG) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Shinhan Financial Group Co Ltd (SHG) is currently 47.661. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Shinhan Financial Group Co Ltd (SHG)?

Shinhan Financial Group Co Ltd (SHG) Moving Averages Convergence Divergence (MACD) indicator is -0.703, suggesting SHG is Strong Buy. This indicator helps identify potential trend reversals or momentum shifts for Shinhan Financial Group Co Ltd.

How is Shinhan Financial Group Co Ltd (SHG) performing relative to its 200-day moving average?

Shinhan Financial Group Co Ltd (SHG) is currently trading at $61.32, which is above its 200-day simple moving average of 53.665. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.