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 0.774, suggesting SHG is Strong Buy.

Shinhan Financial Group Co Ltd (SHG) 20-Day simple moving average is 65.471, while Shinhan Financial Group Co Ltd (SHG) share price is $66.65, making it Buy.

Shinhan Financial Group Co Ltd (SHG) 60-Day simple moving average is 65.499, while Shinhan Financial Group Co Ltd (SHG) share price is $66.65, making it Buy.

Technical Analysis for SHG

Technical Sentiment Analysis for Shinhan Financial Group Co Ltd (SHG) As of 2026-06-18, Shinhan Financial Group Co Ltd (SHG) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 7 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 51.575, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.774, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 69.657 and the Commodity Channel Index (CCI) at 48.886 further confirm a 0.58 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, SHG is trading above its 60-day moving average of $65.499 and above its 200-day long-term moving average of $58.621. Key price levels to watch include the immediate resistance at $71.124 and strong support at $63.059. A break above $71.124 could signal a bull continuation, while falling below $63.059 may test the next Fibonacci floor at $59.19.

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

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	54.994	59.19	63.059	67.255	71.124	75.32	79.189
Fibonacci	59.19	62.27	64.174	67.255	70.335	72.239	75.32

Shinhan Financial Group Co Ltd (SHG) Technical Indicators

2026-06-18

Name	Value
RSI_14	51.575
STOCHk_14_3_3	69.657
STOCHd_14_3_3	78.768
CCI_20	48.886
AO_5_34	3.049
MOM_10	0.58
MACD_12_26_9	0.774

Shinhan Financial Group Co Ltd (SHG) Relative Strength Index (RSI) is 51.575, creating a Neutral signal.

Shinhan Financial Group Co Ltd (SHG) Stochastic Oscillator is 69.657, creating a Neutral signal.

Shinhan Financial Group Co Ltd (SHG) Stochastic RSI is 78.768, creating a Neutral signal.

Shinhan Financial Group Co Ltd (SHG) Commodity Channel Index (CCI) is 48.886, creating a Neutral signal.

Shinhan Financial Group Co Ltd (SHG) Awesome Oscillator is 3.049, creating a Buy signal.

Shinhan Financial Group Co Ltd (SHG) Momentum is 0.58, creating a Buy signal.

Shinhan Financial Group Co Ltd (SHG) MACD is 0.774, creating a Buy signal.

Shinhan Financial Group Co Ltd (SHG) Moving Average

2026-06-18

Period	Simple	Signal
MA_5	68.474	Sell
MA_10	66.929	Sell
MA_20	65.471	Buy
MA_60	65.499	Buy
MA_200	58.621	Buy
MA_250	56.563	Buy

Shinhan Financial Group Co Ltd (SHG) 5-Day simple moving average is 68.474, while Shinhan Financial Group Co Ltd (SHG) share price is $66.65, making it a Sell.

Shinhan Financial Group Co Ltd (SHG) 10-Day simple moving average is 66.929, while Shinhan Financial Group Co Ltd (SHG) share price is $66.65, making it a Sell.

Shinhan Financial Group Co Ltd (SHG) 20-Day simple moving average is 65.471, while Shinhan Financial Group Co Ltd (SHG) share price is $66.65, making it a Buy.

Shinhan Financial Group Co Ltd (SHG) 60-Day simple moving average is 65.499, while Shinhan Financial Group Co Ltd (SHG) share price is $66.65, making it a Buy.

Shinhan Financial Group Co Ltd (SHG) 200-Day simple moving average is 58.621, while Shinhan Financial Group Co Ltd (SHG) share price is $66.65, making it a Buy.

Shinhan Financial Group Co Ltd (SHG) 250-Day simple moving average is 56.563, while Shinhan Financial Group Co Ltd (SHG) share price is $66.65, 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 3 buy signals and 1 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 63.059 and a major resistance level at 71.124. Traders also monitor the pivot point at 67.255 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 51.575. 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 0.774, 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 $66.65, which is above its 200-day simple moving average of 58.621. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.