SHELL PLC

- EUR (-)

- 15 min delayed data - Euronext Amsterdam

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	SHELL
ISIN:	GB00BP6MXD84

SHELL PLC - Daily - Technical analysis published on 01/17/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

61%

11%

28%

My opinion

Bullish above 26.064 EUR

My targets

27.963 EUR (+2.28%)

28.525 EUR (+4.33%)

My analysis

In the short term, there could be an acceleration of the basic bullish trend on SHELL PLC. This is a positive signal for buyers. As long as the price remains above 26.064 EUR, a purchase could be considered. The first bullish objective is located at 27.963 EUR. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 28.525 EUR as an objective. In the event of a return below 26.064 EUR, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

5.5

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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Additional analysis

Quotes

The SHELL PLC rating is 27.340 EUR. The price is lower by -0.13% since the last closing and was traded between 27.245 EUR and 27.535 EUR over the period. The price is currently at +0.35% from its lowest and -0.71% from its highest.

27.245

27.535

27.340

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this SHELL PLC chart shows a bullish trend. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 11 technical indicators on 18 studied are currently positioned bullish. The Central Indicators scanner found this result concerning these indicators:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near resistance of channel

Type : Bearish

Timeframe : Daily

Near resistance of triangle

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	24.403	25.231	26.064	27.340	27.963	28.525
Change (%)	-10.74%	-7.71%	-4.67%	-	+2.28%	+4.33%
Change	-2.937	-2.109	-1.276	-	+0.623	+1.185
Level	Minor	Major	Major	-	Major	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	26.900	27.115	27.245	27.460	27.590	27.805	27.935
Camarilla	27.280	27.312	27.343	27.375	27.407	27.438	27.470
Woodie	26.858	27.094	27.203	27.439	27.548	27.784	27.893
Fibonacci	27.115	27.247	27.328	27.460	27.592	27.673	27.805

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	26.200	26.540	27.055	27.395	27.910	28.250	28.765
Camarilla	27.335	27.413	27.492	27.570	27.648	27.727	27.805
Woodie	26.288	26.584	27.143	27.439	27.998	28.294	28.853
Fibonacci	26.540	26.867	27.068	27.395	27.722	27.923	28.250

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	23.040	24.370	25.425	26.755	27.810	29.140	30.195
Camarilla	25.824	26.043	26.261	26.480	26.699	26.917	27.136
Woodie	22.903	24.301	25.288	26.686	27.673	29.071	30.058
Fibonacci	24.370	25.281	25.844	26.755	27.666	28.229	29.140

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	54.17
MACD (12,26,9):	0.1170
Directional Movement:	7.971
AROON (14):	42.857
DEMA (21):	27.150
Parabolic SAR (0,02-0,02-0,2):	26.142
Elder Ray (13):	0.271
Super Trend (3,10):	27.857
Zig ZAG (10):	27.320
VORTEX (21):	1.0860
Stochastique (14,3,5):	82.10
TEMA (21):	27.287
Williams %R (14):	-23.86
Chande Momentum Oscillator (20):	0.840
Repulse (5,40,3):	-0.8200
ROCnROLL:	1
TRIX (15,9):	0.0040
Courbe Coppock:	3.18

MA7:	27.304
MA20:	26.949
MA50:	27.023
MA100:	26.730
MAexp7:	27.258
MAexp20:	27.045
MAexp50:	26.941
MAexp100:	26.615
Price / MA7:	+0.13%
Price / MA20:	+1.45%
Price / MA50:	+1.17%
Price / MA100:	+2.28%
Price / MAexp7:	+0.30%
Price / MAexp20:	+1.09%
Price / MAexp50:	+1.48%
Price / MAexp100:	+2.72%

Quotes : - 15 min delayed data - Euronext Amsterdam

News

Don't forget to follow the news on SHELL PLC. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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