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MACD Bearish Centerline Cross appears for SHG after 0.85% move

Shinhan Financial Group Co Ltd (SHG) — Nightly Technical Analysis · Jun 25, 2026, 19:57 ET
SHG closed down 0.85% on Thursday, June 25th, with volume running 1.7× above average. Multiple bearish signals emerged — Stochastic Reached Oversold and MACD Bearish Centerline Cross — suggesting potential weakness ahead. Key support levels exist at 61.5, 61.01 & 60.42, with resistance at 62.59, 63.18 & 63.67. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.

Current SwingTradeBot Technical Rating of SHG: C

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Shinhan Financial Group Co Ltd (SHG)