SHELL PLC-ADR (SHEL) Technical Analysis
NYSE:SHEL • US7802593050
Current stock price
SHEL Technical Rating and Analysis
Overall SHEL gets a technical rating of 9 out of 10. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- 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 79.72 - 92.95 range, which is quite wide. It is currently trading near the high of this range.
- SHEL has an average volume of 6951730 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 relatively good performance is mostly due to a recent big move.
- SHEL is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 50% of 209 stocks in the same industry.
SHEL Weekly and Daily overview Charts
SHEL Setup Rating and Analysis
Although SHEL has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
SHEL Support and Resistance Analysis
68.75
We found 5 important support areas.
- A support zone ranging from 89.27 to 90.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 79.81 to 81.80. 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 | 87.17 | POSITIVE | SHEL has a high relative strength, it outperformed 87.17% 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) | 68.17 | NEUTRAL | The RSI value for SHEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests SHEL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.94 | OVERBOUGHT | The high Stochastics value suggests SHEL may be overbought. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for SHEL suggests low volalility. |
| Average Directional Index/ADX (14) | 40.53 | POSITIVE | The high ADX value value for SHEL suggests a strong trend. |
SHEL Chart- and CandleStick Pattern Analysis
SHEL Technicals: Chart, Performance Metrics, Trend & Indicators
90.44
-0.75 (-0.82%)
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 68.1679. This indicates that the stock is currently neutral.
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.