SHINHAN FINANCIAL GROUP-ADR (SHG)
US8245961003 - ADR
We assign a technical rating of 9 out of 10 to SHG. Both in the recent history as in the last year, SHG has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, SHG did better than 81% of all other stocks.
SHG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SHG is lagging the market slightly.
In the last month SHG has a been trading in the 29.25 - 34.87 range, which is quite wide. It is currently trading near the high of this range.
SHG is an average performer in the Banks industry, it outperforms 69% of 412 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Although SHG has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
25.33
38.33
We found 5 important support areas.
- A support zone ranging from 33.28 to 33.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @30.81 from a trend line in the weekly time frame.
- A support zone ranging from 29.87 to 29.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.20 from a trend line in the weekly time frame.
- Support @25.59 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 37.48 to 37.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.44
Mansfield0.72
10 Day High34.87
10 Day Low31.49
20 Day High34.87
20 Day Low29.25
52 Week High38.65
52 Week Low24.99
Performance
1 Week3.2%
2 Weeks10.06%
1 Month9.43%
3 Month4.98%
6 Month30.29%
12 Month34.73%
2 Year0.67%
3 Year-8.76%
5 Year-6.17%
10 Year-20.67%
15 Year36.52%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.36
RSI(14)59.34
LBB30.71
UBB35.89
SHINHAN FINANCIAL GROUP-ADR
NYSE:SHG (5/8/2024, 7:18:32 PM)
After market: 34.8 0 (0%)34.8
+0.87 (+2.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.56%
1 Week3.2%
2 Weeks10.06%
1 Month9.43%
3 Month4.98%
6 Month30.29%
12 Month34.73%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.84
ATR(20)%2.46%
ATR Inc
Range Today0.44
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High34.87
10 Day Low31.49
20 Day High34.87
20 Day Low29.25
52 Week High38.65
52 Week Low24.99
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume66.00K
Volume Incr-53.64%
Vol(5)71.68K
Vol(50)139.19K