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 -0.434, suggesting SHG is Neutral.

Shinhan Financial Group Co Ltd (SHG) 20-Day simple moving average is 66.334, while Shinhan Financial Group Co Ltd (SHG) share price is $64.06, making it Sell.

Shinhan Financial Group Co Ltd (SHG) 60-Day simple moving average is 64.55, while Shinhan Financial Group Co Ltd (SHG) share price is $64.06, making it Sell.

Technical Analysis for SHG

Technical Sentiment Analysis for Shinhan Financial Group Co Ltd (SHG) As of 2026-05-20, Shinhan Financial Group Co Ltd (SHG) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 6 indicators are flashing buy, while 7 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SHG stands at 44.768, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.434, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 14.422 and the Commodity Channel Index (CCI) at -110.398 further confirm a -4.29 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, SHG is trading above its 60-day moving average of $64.55 and above its 200-day long-term moving average of $56.956. Key price levels to watch include the immediate resistance at $68.889 and strong support at $62.139. A break above $68.889 could signal a bull continuation, while falling below $62.139 may test the next Fibonacci floor at $58.934.

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

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	55.389	58.934	62.139	65.684	68.889	72.434	75.639
Fibonacci	58.934	61.513	63.106	65.684	68.263	69.856	72.434

Shinhan Financial Group Co Ltd (SHG) Technical Indicators

2026-05-20

Name	Value
RSI_14	44.768
STOCHk_14_3_3	14.422
STOCHd_14_3_3	13.415
CCI_20	-110.398
AO_5_34	-2.239
MOM_10	-4.29
MACD_12_26_9	-0.434

Shinhan Financial Group Co Ltd (SHG) Relative Strength Index (RSI) is 44.768, creating a Neutral signal.

Shinhan Financial Group Co Ltd (SHG) Stochastic Oscillator is 14.422, creating a Buy signal.

Shinhan Financial Group Co Ltd (SHG) Stochastic RSI is 13.415, creating a Buy signal.

Shinhan Financial Group Co Ltd (SHG) Commodity Channel Index (CCI) is -110.398, creating a Buy signal.

Shinhan Financial Group Co Ltd (SHG) Awesome Oscillator is -2.239, creating a Sell signal.

Shinhan Financial Group Co Ltd (SHG) Momentum is -4.29, creating a Sell signal.

Shinhan Financial Group Co Ltd (SHG) MACD is -0.434, creating a Sell signal.

Shinhan Financial Group Co Ltd (SHG) Moving Average

2026-05-20

Period	Simple	Signal
MA_5	64.104	Sell
MA_10	65.343	Sell
MA_20	66.334	Sell
MA_60	64.55	Sell
MA_200	56.956	Buy
MA_250	54.713	Buy

Shinhan Financial Group Co Ltd (SHG) 5-Day simple moving average is 64.104, while Shinhan Financial Group Co Ltd (SHG) share price is $64.06, making it a Sell.

Shinhan Financial Group Co Ltd (SHG) 10-Day simple moving average is 65.343, while Shinhan Financial Group Co Ltd (SHG) share price is $64.06, making it a Sell.

Shinhan Financial Group Co Ltd (SHG) 20-Day simple moving average is 66.334, while Shinhan Financial Group Co Ltd (SHG) share price is $64.06, making it a Sell.

Shinhan Financial Group Co Ltd (SHG) 60-Day simple moving average is 64.55, while Shinhan Financial Group Co Ltd (SHG) share price is $64.06, making it a Sell.

Shinhan Financial Group Co Ltd (SHG) 200-Day simple moving average is 56.956, while Shinhan Financial Group Co Ltd (SHG) share price is $64.06, making it a Buy.

Shinhan Financial Group Co Ltd (SHG) 250-Day simple moving average is 54.713, while Shinhan Financial Group Co Ltd (SHG) share price is $64.06, 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 62.139 and a major resistance level at 68.889. Traders also monitor the pivot point at 65.684 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 44.768. 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 -0.434, 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 $64.06, which is above its 200-day simple moving average of 56.956. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.