Shinhan Financial Group is currently positioned within the Banking sector, which ranks 3 out of 31 sectors in the SIA Sector Report and remains in the favoured zone, rising 10 positions over the past quarter. This supportive sector backdrop provides context for the stock’s recent strength within its international peer universe.
Shinhan Financial Group Co Ltd. ADR carries an SIA SMAX Score of 9 out of 10, reflecting strong alignment across SIA technical and relative strength measures. The stock appears in the SIA International ADR report, where it is currently positioned at 17 out of 256. Relative movement has been notable, with the stock advancing 35 spots in the past week, indicating continued improvement in its standing within the report.
From a technical perspective, 3-box reversal support is identified at $63.23, with additional support at $50.86. On the upside, resistance is identified at $71.21, followed by further resistance at $81.80. The most recent point and figure signal is a Double Top, which may suggest continued participation if prevailing conditions remain intact.
Performance metrics show monthly, quarterly, and yearly returns of 30.21%, 27.27%, and 105.60%, respectively. By comparison, the iShares MSCI ACWI ex US Index ETF recorded 4.52%, 9.94%, and 36.33%, indicating substantial relative outperformance across all measured time frames.
Shinhan Financial Group Co Ltd is a South Korean financial services holding company providing commercial banking, credit cards, securities brokerage, asset management, and insurance services. Through its diversified financial platform, the group serves retail and institutional clients across domestic and international markets, with performance influenced by credit conditions, interest rate dynamics, and broader economic activity.
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