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(RDSB.AS) Stock Technical Analysis

Europe - Euronext Amsterdam - AMS:RDSB - GB00B03MM408

22.75 EUR
-0.1 (-0.44%)
Last: 1/28/2022, 7:00:00 PM
Technical Rating and Analysis

10

Taking everything into account, RDSB 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, RDSB is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that RDSB is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, RDSB also shows a nice and consistent pattern of rising prices.
RDSB is part of the Oil, Gas & Consumable Fuels industry. There are 72 other stocks in this industry. RDSB outperforms 95% of them.
RDSB 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 RDSB has a been trading in the 19.14 - 23.35 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
 / RDSB Weekly stock chart
 / RDSB Daily stock chart
Setup Rating and Analysis

3

Although RDSB 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.

Support and Resistance Analysis

16.41

22.98

When analyzing the support we can see 6 important areas.

  • A support zone ranging from 20.70 to 21.03. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @19.74 from a trend line in the daily time frame.
  • Support @19.27 from a trend line in the weekly time frame.
  • Support @18.26 from a horizontal line in the daily time frame.
  • Support @17.16 from a trend line in the weekly time frame.
  • Support @16.58 from a horizontal line in the daily time frame.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for RDSB.AS is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for RDSB.AS is up.
ChartMill Relative Strength95.48POSITIVERDSB.AS has a high relative strength, it outperformed 95.48% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of RDSB.AS is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of RDSB.AS is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of RDSB.AS is above the rising SMA(200).
Relative Strength Index/RSI (14)66.35NEUTRALThe RSI value for RDSB.AS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.08POSITIVEThe MACD value suggests RDSB.AS has a positive trend.
Stochastics (14,3)85.73OVERBOUGHTThe high Stochastics value suggests RDSB.AS may be overbought.
Average True Range in percent/ATR (20)2.86MEDIUM VOLATILITYThe ATR as a percentage value for RDSB.AS suggests some volalility.
Chart- and CandleStick Pattern Analysis
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)
 / RDSB Daily stock chart

AMS:RDSB (1/28/2022, 7:00:00 PM)

22.75

-0.1 (-0.44%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.44%
1 Week5.81%
2 Weeks4.84%
1 Month17.75%
3 Month14.32%
6 Month36.88%
12 Month57.72%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.7
ATR(20)%2.86%
ATR Inc-9.68%
Range Today0.4
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
CRS95.48
3 months CRSN/A
6 months CRSN/A
Mansfield2.77
10 Day High23.35
10 Day Low20.65
20 Day High23.35
20 Day Low19.14
52 Week High23.35
52 Week Low13.97
CS1 End21.03
CR1 StartN/A
Volume & EV
DER(3)-0.02%
DER(5)-0.14%
Volume115.41K
Volume Incr108.55%
Vol(5)196.80K
Vol(50)108.71K

/ RDSB.AS FAQ

What is the technical rating for RDSB stock?

ChartMill assigns a technical rating of 10 / 10 to RDSB.AS.


What is the trend direction for RDSB stock?

The current trend direction for (RDSB.AS) is Bullish.


What is the RSI signal for (RDSB.AS) stock?

(RDSB.AS) has an RSI value of 66.3539. This indicates that the stock is currently neutral.


What is the MACD signal for (RDSB.AS) stock?

The MACD indicator for (RDSB.AS) has a value of 0.0754605, indicating a bearish trend.


What is the short term momentum for (RDSB.AS) stock?

The short term momentum for (RDSB.AS) is positive.