SHELL PLC-ADR (SHEL) Stock Technical Analysis
USA - NYSE:SHEL - US7802593050 - ADR
Taking everything into account, SHEL scores 9 out of 10 in our technical rating. 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.
Besides having an excellent technical rating, SHEL also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 75.21, a Stop Loss order could be placed below this zone.
More info and screens
60.50
We found 3 important support areas.
- A support zone ranging from 73.25 to 75.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 69.44 to 71.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @61.11 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 75.52 to 77.01. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The short term trend for SHEL is up. |
| ChartMill Relative Strength | 74.97 | POSITIVE | SHEL has a high relative strength, it outperformed 74.97% 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) | 54.21 | 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) | 57.14 | NEUTRAL | The Stochastics value for SHEL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.41 | LOW VOLATILITY | The low ATR as a percentage value for SHEL suggests low volalility. |
| Average Directional Index/ADX (14) | 14.79 | NEGATIVE | The low ADX value for SHEL suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 75.53 | 73.32 | 2.22 (2.94%) | 25.00% |
| An entry @75.53. This is a Buy Stop order right above the 10 day moving average. | An exit @73.31. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.22 points, which is 2.94%. | For a 0.73% 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.
75.4
-0.36 (-0.48%)
SHELL PLC-ADR / SHEL FAQ
What is the technical rating for SHEL stock?
ChartMill assigns a technical rating of 9 / 10 to SHEL.
Can you provide the trend direction for SHELL PLC-ADR?
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 54.2118. This indicates that the stock is currently neutral.
What is the MACD signal for SHEL stock?
The MACD indicator for SHELL PLC-ADR (SHEL) has a value of -0.00277931, indicating a bearish trend.
Can you provide the short term momentum for SHELL PLC-ADR?
The short term momentum for SHELL PLC-ADR (SHEL) is positive.