(RDSB.AS) Stock Technical Analysis
AMS:RDSB - Euronext Amsterdam - GB00B03MM408 - Currency: EUR
We assign a technical rating of 10 out of 10 to RDSB. Both in the recent history as in the last year, RDSB has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, RDSB did better than 95% of all other stocks. We also observe that the gains produced by RDSB over the past year are nicely spread over this period.
RDSB is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 93% of 61 stocks in the same industry.
RDSB is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so RDSB is leading 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.
Although RDSB has an excellent technical rating, it does not offer a high quality setup 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
16.41
22.98
6 important support areas can be observed.
- 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.
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 RDSB.AS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RDSB.AS is up. |
| ChartMill Relative Strength | 95.48 | POSITIVE | RDSB.AS has a high relative strength, it outperformed 95.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RDSB.AS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RDSB.AS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RDSB.AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.35 | NEUTRAL | The RSI value for RDSB.AS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests RDSB.AS has a positive trend. |
| Stochastics (14,3) | 85.73 | OVERBOUGHT | The high Stochastics value suggests RDSB.AS may be overbought. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for RDSB.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)
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
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