NYSE:SHEL - New York Stock Exchange, Inc. - US7802593050 - ADR - Currency: USD
Overall SHEL gets a technical rating of 2 out of 10. SHEL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, SHEL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 66.21, a Stop Loss order could be placed below this zone.
59.15
When analyzing the support we can see 2 important areas.
We can see 2 important resistance areas.
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 | NEUTRAL | NEUTRAL | The long term trend for SHEL is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SHEL is neutral. |
ChartMill Relative Strength | 34.44 | NEUTRAL | SHEL is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of SHEL is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SHEL is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 50.08 | NEUTRAL | The RSI value for SHEL is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SHEL has a negative trend. |
Stochastics (14,3) | 38.3 | NEUTRAL | The Stochastics value for SHEL is a neutral value. |
Average True Range in percent/ATR (20) | 1.43 | LOW VOLATILITY | The low ATR as a percentage value for SHEL suggests low volalility. |
Average Directional Index/ADX (14) | 10.02 | NEGATIVE | The low ADX value for SHEL suggests a weak or negative trend. |
66.22
-0.22 (-0.33%)