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. Both in the recent history as in the last year, SHEL has proven to be a steady performer, scoring decent points in every aspect analyzed.
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.
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60.50
2 important support areas can be observed.
- A support zone ranging from 69.44 to 74.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @61.11 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 75.84 to 75.84. This zone is formed by a combination of multiple trend lines 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 | 71.46 | POSITIVE | SHEL has a high relative strength, it outperformed 71.46% 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) | 59.16 | NEUTRAL | The RSI value for SHEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests SHEL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 61.77 | 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) | 13.31 | 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 |
|---|---|---|---|
| 75.85 | 73.32 | 2.54 (3.34%) | 25.00% |
| An entry @75.85. This is a Buy Stop order right above the resistance zone. | An exit @73.31. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.54 points, which is 3.34%. | For a 0.84% 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.
75.59
+1.37 (+1.85%)
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 59.1582. 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 -0.00754799, 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.