Technical Analysis for SHG - Shinhan Financial Group Co Ltd

Grade Last Price % Change Price Change
grade F 35.59 2.18% 0.76
SHG closed up 2.18 percent on Tuesday, January 15, 2019, on 87 percent of normal volume.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Up
See historical SHG trend table...

Date Alert Name Type % Chg
Jan 15 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Jan 15 Slingshot Bearish Bearish Swing Setup 0.00%
Jan 15 Crossed Above 20 DMA Bullish 0.00%
Jan 15 MACD Bullish Signal Line Cross Bullish 0.00%
Jan 15 Lower Bollinger Band Walk Weakness 0.00%
Jan 15 Gapped Up Strength 0.00%
Jan 14 Lower Bollinger Band Walk Weakness 2.18%
Jan 14 New 52 Week Low Weakness 2.18%
Jan 14 Outside Day Range Expansion 2.18%
Jan 14 Lower Bollinger Band Touch Weakness 2.18%

Older signals for SHG ...

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Basic chart:

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: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicator Value
52 Week High 50.37
52 Week Low 34.02
Average Volume 160,148
200-Day Moving Average 39.4587
50-Day Moving Average 36.5722
20-Day Moving Average 35.503
10-Day Moving Average 35.024
Average True Range 0.882
ADX 14.42
+DI 24.9555
-DI 27.6339
Chandelier Exit (Long, 3 ATRs ) 34.294
Chandelier Exit (Short, 3 ATRs ) 36.666
Upper Bollinger Band 36.7006
Lower Bollinger Band 34.3054
Percent B (%b) 0.54
BandWidth 6.746472
MACD Line -0.4506
MACD Signal Line -0.5001
MACD Histogram 0.0495
Fundamentals Value
Market Cap 16.88 Billion
Num Shares 474 Million
EPS 5.91
Price-to-Earnings (P/E) Ratio 6.02
Price-to-Sales 2.72
Price-to-Book 0.78
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 36.96
Resistance 3 (R3) 36.95 36.48 36.73
Resistance 2 (R2) 36.48 36.14 36.49 36.65
Resistance 1 (R1) 36.04 35.92 36.26 36.05 36.58
Pivot Point 35.57 35.57 35.69 35.58 35.57
Support 1 (S1) 35.13 35.23 35.35 35.14 34.60
Support 2 (S2) 34.66 35.01 34.67 34.53
Support 3 (S3) 34.22 34.66 34.45
Support 4 (S4) 34.23