SHELL PLC-SPON ADR-B (RDS.B) Technical Analysis
NYSE:RDS.B
Current stock price
RDS.B Technical Rating and Analysis
Taking everything into account, RDS.B scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RDS.B is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, RDS.B did better than 94% of all other stocks. On top of that, RDS.B also shows a nice and consistent pattern of rising prices.
- RDS.B is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 90% of 209 stocks in the same industry.
- RDS.B is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month RDS.B has a been trading in the 43.22 - 52.09 range, which is quite wide. It is currently trading near the high of this range.
- RDS.B has an average volume of 2826790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
RDS.B Weekly and Daily overview Charts
RDS.B Setup Rating and Analysis
Although RDS.B has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
RDS.B Support and Resistance Analysis
39.33
When analyzing the support we can see 3 important areas.
- A support zone ranging from 48.05 to 50.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @43.75 from a trend line in the daily time frame.
- Support @39.73 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 51.07 to 51.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
RDS.B Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for RDS.B is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RDS.B is up. |
| ChartMill Relative Strength | 94.88 | POSITIVE | RDS.B has a high relative strength, it outperformed 94.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RDS.B is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RDS.B is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RDS.B is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.04 | NEUTRAL | The RSI value for RDS.B is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests RDS.B has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.18 | OVERBOUGHT | The high Stochastics value suggests RDS.B may be overbought. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for RDS.B suggests some volalility. |
RDS.B Chart- and CandleStick Pattern Analysis
RDS.B Technicals: Chart, Performance Metrics, Trend & Indicators
51.06
-0.03 (-0.06%)
SHELL PLC-SPON ADR-B / RDS.B TA FAQ
What is the ChartMill technical rating of SHELL PLC-SPON ADR-B (RDS.B) stock?
ChartMill assigns a technical rating of 10 / 10 to RDS.B.
What is the current trend direction of SHELL PLC-SPON ADR-B (RDS.B) stock?
The current trend direction for SHELL PLC-SPON ADR-B (RDS.B) is Bullish.
What is the RSI signal for SHELL PLC-SPON ADR-B (RDS.B) stock?
SHELL PLC-SPON ADR-B (RDS.B) has an RSI value of 68.0393. This indicates that the stock is currently neutral.
What is the MACD signal for SHELL PLC-SPON ADR-B (RDS.B) stock?
The MACD indicator for SHELL PLC-SPON ADR-B (RDS.B) has a value of 0.118038, indicating a bearish trend.
Can you provide the buy/sell signal for SHELL PLC-SPON ADR-B?
The buy/sell signal for SHELL PLC-SPON ADR-B (RDS.B) is buy as both the short term and long term trends are positive.