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 3.762, suggesting SHG is Strong Buy.

Shinhan Financial Group Co Ltd (SHG) 20-Day simple moving average is 63.263, while Shinhan Financial Group Co Ltd (SHG) share price is $69.59, making it Buy.

Shinhan Financial Group Co Ltd (SHG) 60-Day simple moving average is 57.043, while Shinhan Financial Group Co Ltd (SHG) share price is $69.59, making it Buy.

Technical Analysis for SHG

Technical Sentiment Analysis for Shinhan Financial Group Co Ltd (SHG) As of 2026-02-19, Shinhan Financial Group Co Ltd (SHG) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 8 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SHG stands at 76.636, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 3.762, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 76.267 and the Commodity Channel Index (CCI) at 93.216 further confirm a 9.04 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, SHG is trading above its 60-day moving average of $57.043 and above its 200-day long-term moving average of $50.379. Key price levels to watch include the immediate resistance at $73.773 and strong support at $60.833. A break above $73.773 could signal a bull continuation, while falling below $60.833 may test the next Fibonacci floor at $54.176.

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

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	47.893	54.176	60.833	67.116	73.773	80.056	86.713
Fibonacci	54.176	59.119	62.173	67.116	72.059	75.113	80.056

Shinhan Financial Group Co Ltd (SHG) Technical Indicators

2026-02-19

Name	Value
RSI_14	76.636
STOCHk_14_3_3	76.267
STOCHd_14_3_3	76.516
CCI_20	93.216
AO_5_34	10.329
MOM_10	9.04
MACD_12_26_9	3.762

Shinhan Financial Group Co Ltd (SHG) Relative Strength Index (RSI) is 76.636, creating a Sell signal.

Shinhan Financial Group Co Ltd (SHG) Stochastic Oscillator is 76.267, creating a Neutral signal.

Shinhan Financial Group Co Ltd (SHG) Stochastic RSI is 76.516, creating a Neutral signal.

Shinhan Financial Group Co Ltd (SHG) Commodity Channel Index (CCI) is 93.216, creating a Neutral signal.

Shinhan Financial Group Co Ltd (SHG) Awesome Oscillator is 10.329, creating a Buy signal.

Shinhan Financial Group Co Ltd (SHG) Momentum is 9.04, creating a Buy signal.

Shinhan Financial Group Co Ltd (SHG) MACD is 3.762, creating a Buy signal.

Shinhan Financial Group Co Ltd (SHG) Moving Average

2026-02-19

Period	Simple	Signal
MA_5	69.668	Sell
MA_10	67.489	Buy
MA_20	63.263	Buy
MA_60	57.043	Buy
MA_200	50.379	Buy
MA_250	46.863	Buy

Shinhan Financial Group Co Ltd (SHG) 5-Day simple moving average is 69.668, while Shinhan Financial Group Co Ltd (SHG) share price is $69.59, making it a Sell.

Shinhan Financial Group Co Ltd (SHG) 10-Day simple moving average is 67.489, while Shinhan Financial Group Co Ltd (SHG) share price is $69.59, making it a Buy.

Shinhan Financial Group Co Ltd (SHG) 20-Day simple moving average is 63.263, while Shinhan Financial Group Co Ltd (SHG) share price is $69.59, making it a Buy.

Shinhan Financial Group Co Ltd (SHG) 60-Day simple moving average is 57.043, while Shinhan Financial Group Co Ltd (SHG) share price is $69.59, making it a Buy.

Shinhan Financial Group Co Ltd (SHG) 200-Day simple moving average is 50.379, while Shinhan Financial Group Co Ltd (SHG) share price is $69.59, making it a Buy.

Shinhan Financial Group Co Ltd (SHG) 250-Day simple moving average is 46.863, while Shinhan Financial Group Co Ltd (SHG) share price is $69.59, 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 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 60.833 and a major resistance level at 73.773. Traders also monitor the pivot point at 67.116 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 76.636. This indicates that the stock is in overbought 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 3.762, 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 $69.59, which is above its 200-day simple moving average of 50.379. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.