SHELL PLC-ADR (SHEL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:SHEL - US7802593050 - ADR
Overall SHEL gets a technical rating of 6 out of 10. Although SHEL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- SHEL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SHEL is lagging the market slightly.
- In the last month SHEL has a been trading in the 68.63 - 76.05 range, which is quite wide. It is currently trading near the high of this range.
- SHEL has an average volume of 4531880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, SHEL outperforms 63% of them, which is more or less in line with the market.
- SHEL is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 50% of 207 stocks in the same industry.
SHEL has an average technical rating and also the quality of the setup is only medium 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
68.75
We found 1 important support area.
- A support zone ranging from 69.44 to 73.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 75.84 to 77.01. 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 | 63.29 | NEUTRAL | SHEL is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of SHEL is above 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) | 59.47 | NEUTRAL | The RSI value for SHEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests SHEL has a positive trend. |
| Stochastics (14,3) | 88.51 | OVERBOUGHT | The high Stochastics value suggests SHEL may be overbought. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for SHEL suggests some volalility. |
| Average Directional Index/ADX (14) | 12.24 | NEGATIVE | The low ADX value for SHEL suggests a weak or negative trend. |
75.79
+0.34 (+0.45%)
SHELL PLC-ADR / SHEL FAQ
What is the technical rating for SHEL stock?
ChartMill assigns a technical rating of 6 / 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 59.4719. 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.