Technical Analysis for SHG - Shinhan Financial Group Co Ltd

Grade Last Price % Change Price Change
grade D 43.6 -1.20% -0.53
SHG closed down 1.2 percent on Tuesday, October 17, 2017, on 63 percent of normal volume.
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Trend Table & Recent Alerts
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Down Down
See historical SHG trend table...

Date Alert Name Type % Chg
Oct 17 MACD Bearish Signal Line Cross Bearish 0.00%
Oct 13 NR7 Range Contraction -3.50%
Oct 13 Narrow Range Bar Range Contraction -3.50%
Oct 13 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -3.50%
Oct 10 NR7 Range Contraction -2.59%

Older signals for SHG ...

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Basic chart:

Profile
Shinhan Financial Group Co., Ltd. provides a range of financial products and services to corporations, institutional investors, governments, and individuals in Korea and internationally. The company offers retail banking services, which include mortgage and home equity lending and retail lending; demand, savings, and fixed deposit-taking; checking account services, and electronic banking and ATM services; and bill paying services, payroll and check-cashing services, currency exchange, and wire fund transfer services. It also provides corporate banking services that include corporate lending, treasury, and securities investment services. In addition, the company offers investment banking services comprising merger and acquisition advisory services, bond issuances, underwriting, capital increase, asset-backed securitizations, issuance of convertible bonds and bonds with warrants, structured financing, and issuance of asset-backed commercial papers, as well as project financings involving infrastructure, real estate, and shipbuilding. Further, it engages in trading of securities and derivatives, investment portfolio management, and other banking activities; and provides trust account management, credit card, securities brokerage, and life insurance services, as well as asset management services. Additionally, the company provides leasing and equipment financing, investment trust management, regional banking, and loan collection and credit reporting services. As of December 31, 2012, it operated a network of 949 branches, 333 cash dispensers, and 7,423 ATMs in Korea. The company also operates a network of 65 offices in the United States, Canada, the United Kingdom, Japan, the People's Republic of China, Germany, India, Hong Kong, Vietnam, Cambodia, Kazakhstan, and Singapore. Shinhan Financial Group Co., Ltd. was founded in 1982 and is headquartered in Seoul, South Korea.
Is SHG a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 1 bullish, 2 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 48.98
52 Week Low 36.06
Average Volume 77,809
200-Day Moving Average 43.2061
50-Day Moving Average 45.1506
20-Day Moving Average 44.555
10-Day Moving Average 44.637
Average True Range 0.6388
ADX 10.74
+DI 22.93
-DI 37.02
Chandelier Exit (Long, 3 ATRs ) 43.6336
Chandelier Exit (Short, 3 ATRs ) 45.0064
Upper Bollinger Band 45.6262
Lower Bollinger Band 43.4838
Percent B (%b) 0.05
BandWidth 4.808439
MACD Line -0.138
MACD Signal Line -0.1156
MACD Histogram -0.0224
Fundamentals Value
Market Cap 20.67 Billion
Num Shares 474 Million
EPS 5.91
Price-to-Earnings (P/E) Ratio 7.38
Price-to-Sales 2.69
Price-to-Book 0.77
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 44.17
Resistance 3 (R3) 44.21 44.07 44.08
Resistance 2 (R2) 44.07 43.92 44.05 44.04
Resistance 1 (R1) 43.83 43.83 43.76 43.79 44.01
Pivot Point 43.69 43.69 43.65 43.67 43.69
Support 1 (S1) 43.45 43.54 43.38 43.41 43.19
Support 2 (S2) 43.31 43.45 43.29 43.16
Support 3 (S3) 43.07 43.31 43.13
Support 4 (S4) 43.03