Shell Plc (RDSA.AS) Stock Technical Analysis
AMS:RDSA - Euronext Amsterdam - GB00B03MLX29 - Currency: EUR
We assign a technical rating of 10 out of 10 to RDSA. Both in the recent history as in the last year, RDSA has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, RDSA did better than 93% of all other stocks. On top of that, RDSA also shows a nice and consistent pattern of rising prices.
RDSA is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 93% of 61 stocks in the same industry.
RDSA 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 RDSA has a been trading in the 19.32 - 23.36 range, which is quite wide. It is currently trading near the high of this range.
RDSA has an average volume of 11984400 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.
Although RDSA 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
15.89
23.02
When analyzing the support we can see 6 important areas.
- Support @21.12 from a trend line in the daily time frame.
- Support @20.75 from a horizontal line in the daily time frame.
- A support zone ranging from 19.40 to 19.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.36 from a horizontal line in the daily time frame.
- Support @17.54 from a trend line in the weekly time frame.
- Support @16.05 from a horizontal line in the daily time frame.
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 RDSA.AS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RDSA.AS is up. |
| ChartMill Relative Strength | 93.99 | POSITIVE | RDSA.AS has a high relative strength, it outperformed 93.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RDSA.AS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RDSA.AS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RDSA.AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.55 | NEUTRAL | The RSI value for RDSA.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests RDSA.AS has a positive trend. |
| Stochastics (14,3) | 89.23 | OVERBOUGHT | The high Stochastics value suggests RDSA.AS may be overbought. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for RDSA.AS suggests some volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
AMS:RDSA (1/28/2022, 5:30:02 PM)
22.795
-0.25 (-1.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.08%
1 Week5.46%
2 Weeks4.73%
1 Month18.05%
3 Month14.16%
6 Month33.37%
12 Month48.81%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.65
ATR(20)%2.66%
ATR Inc9.17%
Range Today0.5
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.99
Mansfield2.45
10 Day High23.37
10 Day Low20.65
20 Day High23.37
20 Day Low19.32
52 Week High23.37
52 Week Low14.82
CS1 End21.12
CR1 StartN/A
Volume & EV
DER(3)-0.76%
DER(5)-0.19%
Volume40.75M
Volume Incr140.25%
Vol(5)23.97M
Vol(50)11.98M