SHG Technical

Technical Sentiment Analysis for Shinhan Financial Group Co Ltd (SHG) As of 2026-07-07, Shinhan Financial Group Co Ltd (SHG) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 11 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SHG stands at 63.021, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.536, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 82.225 and the Commodity Channel Index (CCI) at 145.104 further confirm a 5.18 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, SHG is trading above its 60-day moving average of $65.935 and above its 200-day long-term moving average of $59.522. Key price levels to watch include the immediate resistance at $71.283 and strong support at $58.993. A break above $71.283 could signal a bull continuation, while falling below $58.993 may test the next Fibonacci floor at $53.242.