Shell Plc (RDSA.AS) Technical Analysis
AMS:RDSA • GB00B03MLX29
Current stock price
RDSA.AS Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to RDSA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RDSA is showing a nice and steady performance.
- 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 83% of 75 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.
RDSA.AS Weekly and Daily overview Charts
RDSA.AS Setup Rating and Analysis
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
RDSA.AS Support and Resistance Analysis
15.89
We found 6 important support 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.
RDSA.AS 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 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. |
RDSA.AS Chart- and CandleStick Pattern Analysis
RDSA.AS Technicals: Chart, Performance Metrics, Trend & Indicators
AMS:RDSA (1/28/2022, 5:30:02 PM)
22.795
-0.25 (-1.08%)
Shell Plc / RDSA.AS TA FAQ
Can you provide the ChartMill technical rating for Shell Plc?
ChartMill assigns a technical rating of 10 / 10 to RDSA.AS.
What is the current trend direction of Shell Plc (RDSA.AS) stock?
The current trend direction for Shell Plc (RDSA.AS) is Bullish.
What is the RSI signal for Shell Plc (RDSA.AS) stock?
Shell Plc (RDSA.AS) has an RSI value of 65.5532. This indicates that the stock is currently neutral.
What is the MACD signal for Shell Plc (RDSA.AS) stock?
The MACD indicator for Shell Plc (RDSA.AS) has a value of 0.0798785, indicating a bearish trend.
What is the short term momentum for Shell Plc (RDSA.AS) stock?
The short term momentum for Shell Plc (RDSA.AS) is positive.