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 -0.366, suggesting SHG is Neutral.

Shinhan Financial Group Co Ltd (SHG) 20-Day simple moving average is 66.646, while Shinhan Financial Group Co Ltd (SHG) share price is $60.66, making it Sell.

Shinhan Financial Group Co Ltd (SHG) 60-Day simple moving average is 59.711, while Shinhan Financial Group Co Ltd (SHG) share price is $60.66, making it Buy.

Technical Analysis for SHG

Technical Sentiment Analysis for Shinhan Financial Group Co Ltd (SHG) As of 2026-03-11, Shinhan Financial Group Co Ltd (SHG) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 7 indicators are flashing buy, while 6 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SHG stands at 40.296, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.366, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 19.033 and the Commodity Channel Index (CCI) at -100.344 further confirm a -10.15 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, SHG is trading above its 60-day moving average of $59.711 and above its 200-day long-term moving average of $52.353. Key price levels to watch include the immediate resistance at $70.207 and strong support at $57.517. A break above $70.207 could signal a bull continuation, while falling below $57.517 may test the next Fibonacci floor at $51.688.

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

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	44.827	51.688	57.517	64.378	70.207	77.068	82.897
Fibonacci	51.688	56.536	59.531	64.378	69.226	72.221	77.068

Shinhan Financial Group Co Ltd (SHG) Technical Indicators

2026-03-11

Name	Value
RSI_14	40.296
STOCHk_14_3_3	19.033
STOCHd_14_3_3	16.529
CCI_20	-100.344
AO_5_34	-3.455
MOM_10	-10.15
MACD_12_26_9	-0.366

Shinhan Financial Group Co Ltd (SHG) Relative Strength Index (RSI) is 40.296, creating a Neutral signal.

Shinhan Financial Group Co Ltd (SHG) Stochastic Oscillator is 19.033, creating a Buy signal.

Shinhan Financial Group Co Ltd (SHG) Stochastic RSI is 16.529, creating a Buy signal.

Shinhan Financial Group Co Ltd (SHG) Commodity Channel Index (CCI) is -100.344, creating a Buy signal.

Shinhan Financial Group Co Ltd (SHG) Awesome Oscillator is -3.455, creating a Sell signal.

Shinhan Financial Group Co Ltd (SHG) Momentum is -10.15, creating a Sell signal.

Shinhan Financial Group Co Ltd (SHG) MACD is -0.366, creating a Sell signal.

Shinhan Financial Group Co Ltd (SHG) Moving Average

2026-03-11

Period	Simple	Signal
MA_5	60.754	Sell
MA_10	63.345	Sell
MA_20	66.646	Sell
MA_60	59.711	Buy
MA_200	52.353	Buy
MA_250	48.724	Buy

Shinhan Financial Group Co Ltd (SHG) 5-Day simple moving average is 60.754, while Shinhan Financial Group Co Ltd (SHG) share price is $60.66, making it a Sell.

Shinhan Financial Group Co Ltd (SHG) 10-Day simple moving average is 63.345, while Shinhan Financial Group Co Ltd (SHG) share price is $60.66, making it a Sell.

Shinhan Financial Group Co Ltd (SHG) 20-Day simple moving average is 66.646, while Shinhan Financial Group Co Ltd (SHG) share price is $60.66, making it a Sell.

Shinhan Financial Group Co Ltd (SHG) 60-Day simple moving average is 59.711, while Shinhan Financial Group Co Ltd (SHG) share price is $60.66, making it a Buy.

Shinhan Financial Group Co Ltd (SHG) 200-Day simple moving average is 52.353, while Shinhan Financial Group Co Ltd (SHG) share price is $60.66, making it a Buy.

Shinhan Financial Group Co Ltd (SHG) 250-Day simple moving average is 48.724, while Shinhan Financial Group Co Ltd (SHG) share price is $60.66, 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 Neutral. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 4 buy signals and 3 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 57.517 and a major resistance level at 70.207. Traders also monitor the pivot point at 64.378 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 40.296. 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 -0.366, suggesting SHG is Neutral. 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 $60.66, which is above its 200-day simple moving average of 52.353. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.