SHG Should I Buy
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0.000(0.000%)
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Shinhan Financial Group Co Ltd (SHG) is not a strong buy at the moment for a beginner investor with a long-term strategy. Despite positive financial performance and bullish technical indicators, the stock is currently overbought (RSI at 89.444), and there are no significant trading signals or catalysts to suggest immediate upside potential. The lack of recent news, neutral trading trends, and no recent congress trading data further support a cautious approach. Holding or waiting for a better entry point may be more prudent.
The technical indicators show a bullish trend with MACD positively expanding (0.982), moving averages aligned bullishly (SMA_5 > SMA_20 > SMA_200), and the pre-market price above key resistance levels (R1: 70.857). However, the RSI of 89.444 indicates the stock is overbought, suggesting potential for a short-term pullback.
The company's financial performance in 2025/Q3 is strong, with revenue up 0.85% YoY, net income up 7.00% YoY, and EPS up 11.41% YoY. Technical indicators are bullish, and the pre-market price is up 3.07%.
The stock is overbought based on RSI, and there are no significant trading trends from hedge funds or insiders. No recent news, no congress trading data, and no AI Stock Picker or SwingMax signals are present. Additionally, the stock trend analysis suggests a potential short-term decline (-3.85% in the next week).
In 2025/Q3, the company reported revenue of 3,191,275,573 (up 0.85% YoY), net income of 994,792,214.96 (up 7.00% YoY), and EPS of 2.05 (up 11.41% YoY). Gross margin remained unchanged.
No recent analyst rating or price target changes are available for SHG.
