SHELL PLC-ADR (SHEL) Technical Analysis
NYSE:SHEL • US7802593050
Current stock price
92.75 USD
+0.78 (+0.85%)
At close:
92.9383 USD
+0.19 (+0.2%)
After Hours:
SHEL Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to SHEL. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SHEL is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- SHEL 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 SHEL is leading the market.
- In the last month SHEL has a been trading in the 79.06 - 92.95 range, which is quite wide. It is currently trading near the high of this range.
- SHEL has an average volume of 6708400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, SHEL did better than 87% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- SHEL is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 57% of 207 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SHEL Weekly and Daily overview Charts
SHEL Setup Rating and Analysis
Although SHEL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
SHEL Support and Resistance Analysis
68.75
93.68
4 important support areas can be observed.
- A support zone ranging from 81.32 to 82.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @74.91 from a horizontal line in the daily time frame.
- A support zone ranging from 71.72 to 73.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 69.44 to 70.28. This zone is formed by a combination of multiple trend lines 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 | 87.19 | POSITIVE | SHEL has a high relative strength, it outperformed 87.19% off all stocks 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) | 79.02 | OVERBOUGHT | The high RSI value suggests SHEL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.7 | POSITIVE | The MACD value suggests SHEL has a positive trend. |
| Stochastics (14,3) | 94.81 | OVERBOUGHT | The high Stochastics value suggests SHEL may be overbought. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for SHEL suggests low volalility. |
| Average Directional Index/ADX (14) | 39.26 | POSITIVE | The high ADX value value for SHEL suggests a strong trend. |
SHEL 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)
SHEL Technicals: Chart, Performance Metrics, Trend & Indicators
92.75
+0.78 (+0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.85%
1 Week6.12%
2 Weeks12.15%
1 Month16.13%
3 Month28.78%
6 Month31.02%
12 Month30.62%
2 Year38.35%
3 Year61.19%
5 Year136.55%
10 Year91.43%
15 Year27.3%
Volatility
ATR(14)1.83
ATR(20)%1.79%
ATR Inc-5.19%
Range Today0.97
ADR(20)1.4
ADR(20)%1.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.19
3 months CRS94.1
6 months CRS91.21
Mansfield2.27
10 Day High92.95
10 Day Low82.27
20 Day High92.95
20 Day Low79.06
52 Week High92.95
52 Week Low58.55
CS1 End82.33
CR1 StartN/A
Volume & EV
DER(3)0.47%
DER(5)0.65%
Volume7.61M
Volume Incr-1.54%
Vol(5)6.74M
Vol(50)6.71M
SHELL PLC-ADR / SHEL TA FAQ
What is the technical rating for SHEL stock?
ChartMill assigns a technical rating of 9 / 10 to SHEL.
What is the current trend direction of SHELL PLC-ADR (SHEL) stock?
The current trend direction for SHELL PLC-ADR (SHEL) is Bullish.
Can you provide the RSI signal for SHELL PLC-ADR?
SHELL PLC-ADR (SHEL) has an RSI value of 79.0217. This indicates that the stock is currently overbought.
What is the short term momentum for SHELL PLC-ADR (SHEL) stock?
The short term momentum for SHELL PLC-ADR (SHEL) is positive.
What is the buy/sell signal for SHEL stock?
The buy/sell signal for SHELL PLC-ADR (SHEL) is buy as both the short term and long term trends are positive.