SHELL PLC-ADR (SHEL) Stock Technical Analysis
USA - NYSE:SHEL - US7802593050 - ADR
73.21 USD
+1.44 (+2.01%)
73.21 USD
0 (0%)
Overall SHEL gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SHEL is only an average performer.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
SHEL 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.
SHEL has an average volume of 3848730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, SHEL turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
SHEL is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 66% of 211 stocks in the same industry.
In the last month SHEL has a been trading in a tight range between 70.43 and 73.79.
SHEL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 73.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 72.27, a Stop Loss order could be placed below this zone.
More info and screens
60.50
74.83
We found 4 important support areas.
- A support zone ranging from 70.79 to 72.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @69.44 from a horizontal line in the daily time frame.
- Support @64.36 from a trend line in the weekly time frame.
- Support @61.11 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 73.25 to 74.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 SHEL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SHEL is neutral. |
| ChartMill Relative Strength | 52.21 | NEUTRAL | SHEL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SHEL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SHEL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SHEL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.05 | NEUTRAL | The RSI value for SHEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests SHEL has a positive trend. |
| Stochastics (14,3) | 60.71 | NEUTRAL | The Stochastics value for SHEL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.39 | LOW VOLATILITY | The low ATR as a percentage value for SHEL suggests low volalility. |
| Average Directional Index/ADX (14) | 11.12 | NEGATIVE | The low ADX value for SHEL suggests a weak or negative trend. |
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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 74.10 | 70.59 | 3.51 (4.74%) | 21.11% |
| An entry @74.10. This is a Buy Stop order right above the resistance zone. | An exit @70.59. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.51 points, which is 4.74%. | For a 1.00% total portfolio risk, you can invest 21.11% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
73.21
+1.44 (+2.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.01%
1 Week-0.26%
2 Weeks3.42%
1 Month2.25%
3 Month1.79%
6 Month14.16%
12 Month6.86%
2 Year12.39%
3 Year31.6%
5 Year186.54%
10 Year39.55%
15 Year12.75%
Volatility
ATR(14)1.06
ATR(20)%1.39%
ATR Inc14.97%
Range Today0.92
ADR(20)0.81
ADR(20)%1.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.21
Mansfield-0.38
10 Day High73.79
10 Day Low70.6
20 Day High73.79
20 Day Low70.43
52 Week High74.21
52 Week Low58.55
CS1 End72.27
CR1 Start73.25
Volume & EV
DER(3)-0.86%
DER(5)0.02%
Volume4.23M
Volume Incr-6.41%
Vol(5)4.05M
Vol(50)3.85M