SHELL PLC-ADR (SHEL) Technical Analysis
NYSE:SHEL • US7802593050
Current stock price
SHEL Technical Rating and Analysis
Overall SHEL gets a technical rating of 10 out of 10. Both in the recent history as in the last year, SHEL 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, SHEL did better than 83% of all other stocks. We also observe that the gains produced by SHEL over the past year are nicely spread over this period.
- SHEL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SHEL is lagging the market slightly.
- SHEL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- SHEL has an average volume of 7597930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- SHEL is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 58% of 209 stocks in the same industry.
SHEL Weekly and Daily overview Charts
SHEL Setup Rating and Analysis
Besides having an excellent technical rating, SHEL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 91.35, a Stop Loss order could be placed below this zone.
More info and screens
SHEL Support and Resistance Analysis
69.12
When analyzing the support we can see 3 important areas.
- A support zone ranging from 91.09 to 91.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 71.72 to 73.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 69.82 to 70.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 92.12 to 94.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
SHEL 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 SHEL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SHEL is up. |
| ChartMill Relative Strength | 83.25 | POSITIVE | SHEL has a high relative strength, it outperformed 83.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SHEL is below 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) | 55.45 | NEUTRAL | The RSI value for SHEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.56 | NEGATIVE | The MACD value suggests SHEL has a negative trend. |
| Stochastics (14,3) | 49.06 | NEUTRAL | The Stochastics value for SHEL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for SHEL suggests some volalility. |
| Average Directional Index/ADX (14) | 26.19 | POSITIVE | The high ADX value value for SHEL suggests a strong trend. |
SHEL Chart- and CandleStick Pattern Analysis
SHEL Example Setup
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 |
|---|---|---|---|
| 94.16 | 91.08 | 3.08 (3.27%) | 25.00% |
| An entry @94.16. This is a Buy Stop order right above the resistance zone. | An exit @91.08. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.08 points, which is 3.27%. | For a 0.82% total portfolio risk, you can invest 25.00% 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.
SHEL Technicals: Chart, Performance Metrics, Trend & Indicators
91.36
-1.24 (-1.34%)
SHELL PLC-ADR / SHEL TA FAQ
What is the technical rating for SHEL stock?
ChartMill assigns a technical rating of 10 / 10 to SHEL.
What is the trend direction for SHEL stock?
The current trend direction for SHELL PLC-ADR (SHEL) is Bullish.
What is the RSI signal for SHEL stock?
SHELL PLC-ADR (SHEL) has an RSI value of 55.45. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SHELL PLC-ADR?
The MACD indicator for SHELL PLC-ADR (SHEL) has a value of -0.555856, indicating a bearish trend.
Can you provide the support and resistance levels for SHELL PLC-ADR?
SHELL PLC-ADR (SHEL) has a support level at 91.35 and a resistance level at 92.12. Check the full technical report for our detailed analysis of SHEL support and resistance levels.