SHELL PLC-ADR (SHEL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SHEL - US7802593050 - ADR
We assign a technical rating of 1 out of 10 to SHEL. SHEL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
SHEL has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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61.47
When analyzing the support we can see 2 important areas.
- 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 @62.09 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 72.09 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 | NEUTRAL | NEUTRAL | The long term trend for SHEL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SHEL is down. |
| ChartMill Relative Strength | 72.04 | POSITIVE | SHEL has a high relative strength, it outperformed 72.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SHEL is below a declining 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) | UP | POSITIVE | The current price of SHEL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.56 | NEUTRAL | The RSI value for SHEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests SHEL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.87 | NEUTRAL | The Stochastics value for SHEL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.36 | LOW VOLATILITY | The low ATR as a percentage value for SHEL suggests low volalility. |
| Average Directional Index/ADX (14) | 16.42 | NEGATIVE | The low ADX value for SHEL suggests a weak or negative trend. |
72.02
+0.71 (+1%)
SHELL PLC-ADR / SHEL FAQ
What is the technical rating for SHEL stock?
ChartMill assigns a technical rating of 1 / 10 to SHEL.
Can you provide the trend direction for SHELL PLC-ADR?
The current trend direction for SHELL PLC-ADR (SHEL) is Bearish.
Can you provide the RSI signal for SHELL PLC-ADR?
SHELL PLC-ADR (SHEL) has an RSI value of 43.5599. 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 -0.174732, 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 negative.