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.N) Moving Averages Convergence Divergence (MACD) indicator is 2.117, suggesting SHG.N is Strong buy.

Shinhan Financial Group Co Ltd (SHG.N) 20-Day simple moving average is 57.681, while Shinhan Financial Group Co Ltd (SHG.N) share price is $65.16, making it Buy.

Shinhan Financial Group Co Ltd (SHG.N) 60-Day simple moving average is 55.05, while Shinhan Financial Group Co Ltd (SHG.N) share price is $65.16, making it Buy.

Technical Analysis for SHG

Technical Sentiment Analysis for Shinhan Financial Group Co Ltd (SHG) As of 2026-02-06, Shinhan Financial Group Co Ltd (SHG) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 10 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SHG stands at 75.316, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 2.117, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 92.077 and the Commodity Channel Index (CCI) at 189.907 further confirm a 6.91 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, SHG is trading above its 60-day moving average of $55.05 and above its 200-day long-term moving average of $49.05. Key price levels to watch include the immediate resistance at $64.796 and strong support at $56.446. A break above $64.796 could signal a bull continuation, while falling below $56.446 may test the next Fibonacci floor at $52.693.

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

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	48.096	52.693	56.446	61.043	64.796	69.393	73.146
Fibonacci	52.693	55.883	57.853	61.043	64.233	66.203	69.393

Shinhan Financial Group Co Ltd (SHG) Technical Indicators

2026-02-06

Name	Value
RSI_14	75.316
STOCHk_14_3_3	92.077
STOCHd_14_3_3	86.734
CCI_20	189.907
AO_5_34	5.209
MOM_10	6.91
MACD_12_26_9	2.117

Shinhan Financial Group Co Ltd (SHG) Relative Strength Index (RSI) is 75.316, creating a Sell signal.

Shinhan Financial Group Co Ltd (SHG) Stochastic Oscillator is 92.077, creating a Sell signal.

Shinhan Financial Group Co Ltd (SHG) Stochastic RSI is 86.734, creating a Sell signal.

Shinhan Financial Group Co Ltd (SHG) Commodity Channel Index (CCI) is 189.907, creating a Sell signal.

Shinhan Financial Group Co Ltd (SHG) Awesome Oscillator is 5.209, creating a Buy signal.

Shinhan Financial Group Co Ltd (SHG) Momentum is 6.91, creating a Buy signal.

Shinhan Financial Group Co Ltd (SHG) MACD is 2.117, creating a Buy signal.

Shinhan Financial Group Co Ltd (SHG) Moving Average

2026-02-06

Period	Simple	Signal
MA_5	61.294	Buy
MA_10	60.199	Buy
MA_20	57.681	Buy
MA_60	55.05	Buy
MA_200	49.05	Buy
MA_250	45.762	Buy

Shinhan Financial Group Co Ltd (SHG) 5-Day simple moving average is 61.294, while Shinhan Financial Group Co Ltd (SHG) share price is $65.16, making it a Buy.

Shinhan Financial Group Co Ltd (SHG) 10-Day simple moving average is 60.199, while Shinhan Financial Group Co Ltd (SHG) share price is $65.16, making it a Buy.

Shinhan Financial Group Co Ltd (SHG) 20-Day simple moving average is 57.681, while Shinhan Financial Group Co Ltd (SHG) share price is $65.16, making it a Buy.

Shinhan Financial Group Co Ltd (SHG) 60-Day simple moving average is 55.05, while Shinhan Financial Group Co Ltd (SHG) share price is $65.16, making it a Buy.

Shinhan Financial Group Co Ltd (SHG) 200-Day simple moving average is 49.05, while Shinhan Financial Group Co Ltd (SHG) share price is $65.16, making it a Buy.

Shinhan Financial Group Co Ltd (SHG) 250-Day simple moving average is 45.762, while Shinhan Financial Group Co Ltd (SHG) share price is $65.16, 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 4 buy signals and 5 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 56.446 and a major resistance level at 64.796. Traders also monitor the pivot point at 61.043 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 75.316. 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 2.117, 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 $65.16, which is above its 200-day simple moving average of 49.05. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.