SHG Crosses Below Key Moving Average Level

In trading on Friday, shares of Shinhan Financial Group Co. Ltd. ( SHG) crossed below their 200 day moving average of $34.46, changing hands as low as $34.41 per share. Shinhan Financial Group Co. Ltd. shares are currently trading off about 2% on the day. The chart below shows the one year performance of SHG shares, versus its 200 day moving average:

START SLIDESHOW:
Click here to find out which 9 other stocks recently crossed below their 200 day moving average »

Shinhan Financial Group Co. Ltd. 200 Day Moving Average Chart

Looking at the chart above, SHG's low point in its 52 week range is $29.14 per share, with $39.54 as the 52 week high point — that compares with a last trade of $34.58.

SHG makes up 1.94% of the iShares MSCI Emerging Markets Financials Sector Index Fund ETF ( EMFN)
null