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.N) Moving Averages Convergence Divergence (MACD) indicator is 1.466, suggesting SHG.N is Strong buy.

Shinhan Financial Group Co Ltd (SHG.N) 20-Day simple moving average is 55.992, while Shinhan Financial Group Co Ltd (SHG.N) share price is $58.57, making it Buy.

Shinhan Financial Group Co Ltd (SHG.N) 60-Day simple moving average is 54.429, while Shinhan Financial Group Co Ltd (SHG.N) share price is $58.57, making it Buy.

Technical Analysis for SHG

Technical Sentiment Analysis for Shinhan Financial Group Co Ltd (SHG) As of 2026-01-30, Shinhan Financial Group Co Ltd (SHG) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 8 indicators are flashing buy, while 2 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SHG stands at 60.029, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.466, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 78.111 and the Commodity Channel Index (CCI) at 95.863 further confirm a 4.47 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, SHG is trading above its 60-day moving average of $54.429 and above its 200-day long-term moving average of $48.361. Key price levels to watch include the immediate resistance at $61.208 and strong support at $53.898. A break above $61.208 could signal a bull continuation, while falling below $53.898 may test the next Fibonacci floor at $50.009.

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

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	46.588	50.009	53.898	57.319	61.208	64.629	68.518
Fibonacci	50.009	52.801	54.527	57.319	60.111	61.837	64.629

Shinhan Financial Group Co Ltd (SHG) Technical Indicators

2026-01-30

Name	Value
RSI_14	60.029
STOCHk_14_3_3	78.111
STOCHd_14_3_3	84.958
CCI_20	95.863
AO_5_34	4.245
MOM_10	4.47
MACD_12_26_9	1.466

Shinhan Financial Group Co Ltd (SHG) Relative Strength Index (RSI) is 60.029, creating a Neutral signal.

Shinhan Financial Group Co Ltd (SHG) Stochastic Oscillator is 78.111, creating a Neutral signal.

Shinhan Financial Group Co Ltd (SHG) Stochastic RSI is 84.958, creating a Sell signal.

Shinhan Financial Group Co Ltd (SHG) Commodity Channel Index (CCI) is 95.863, creating a Neutral signal.

Shinhan Financial Group Co Ltd (SHG) Awesome Oscillator is 4.245, creating a Buy signal.

Shinhan Financial Group Co Ltd (SHG) Momentum is 4.47, creating a Buy signal.

Shinhan Financial Group Co Ltd (SHG) MACD is 1.466, creating a Buy signal.

Shinhan Financial Group Co Ltd (SHG) Moving Average

2026-01-30

Period	Simple	Signal
MA_5	59.152	Sell
MA_10	57.787	Buy
MA_20	55.992	Buy
MA_60	54.429	Buy
MA_200	48.361	Buy
MA_250	45.23	Buy

Shinhan Financial Group Co Ltd (SHG) 5-Day simple moving average is 59.152, while Shinhan Financial Group Co Ltd (SHG) share price is $58.57, making it a Sell.

Shinhan Financial Group Co Ltd (SHG) 10-Day simple moving average is 57.787, while Shinhan Financial Group Co Ltd (SHG) share price is $58.57, making it a Buy.

Shinhan Financial Group Co Ltd (SHG) 20-Day simple moving average is 55.992, while Shinhan Financial Group Co Ltd (SHG) share price is $58.57, making it a Buy.

Shinhan Financial Group Co Ltd (SHG) 60-Day simple moving average is 54.429, while Shinhan Financial Group Co Ltd (SHG) share price is $58.57, making it a Buy.

Shinhan Financial Group Co Ltd (SHG) 200-Day simple moving average is 48.361, while Shinhan Financial Group Co Ltd (SHG) share price is $58.57, making it a Buy.

Shinhan Financial Group Co Ltd (SHG) 250-Day simple moving average is 45.23, while Shinhan Financial Group Co Ltd (SHG) share price is $58.57, 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 53.898 and a major resistance level at 61.208. Traders also monitor the pivot point at 57.319 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 60.029. 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 1.466, 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 $58.57, which is above its 200-day simple moving average of 48.361. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.