SHELL PLC

- EUR (-)

- 15 min delayed data - Euronext Amsterdam

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Stocks
Ticker:	SHELL
ISIN:	GB00BP6MXD84

SHELL PLC - Daily - Technical analysis published on 04/19/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 26.638 EUR

My targets

29.360 EUR (+4.60%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on SHELL PLC as long as the price remains well above 26.638 EUR. The buyers' bullish objective is set at 29.360 EUR. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.5

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.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

SHELL PLC rating 28.070 EUR. The price registered a decrease of -0.36% on the session and was between 27.860 EUR and 28.205 EUR. This implies that the price is at +0.75% from its lowest and at -0.48% from its highest.

27.860

28.205

28.070

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

Bearish opening

Type : Bearish

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 HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of SHELL PLC in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 85.71% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	24.996	26.638	27.703	28.070	28.259	29.360
Change (%)	-10.95%	-5.10%	-1.31%	-	+0.67%	+4.60%
Change	-3.074	-1.432	-0.367	-	+0.189	+1.290
Level	Major	Intermediate	Major	-	Intermediate	Intermediate

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	27.533	27.717	27.943	28.127	28.353	28.537	28.763
Camarilla	28.057	28.095	28.132	28.170	28.208	28.245	28.283
Woodie	27.555	27.728	27.965	28.138	28.375	28.548	28.785
Fibonacci	27.717	27.873	27.970	28.127	28.283	28.380	28.537

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	27.277	27.503	27.792	28.018	28.307	28.533	28.822
Camarilla	27.938	27.986	28.033	28.080	28.127	28.174	28.222
Woodie	27.308	27.519	27.823	28.034	28.338	28.549	28.853
Fibonacci	27.503	27.700	27.822	28.018	28.215	28.337	28.533

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	19.505	22.080	24.285	26.860	29.065	31.640	33.845
Camarilla	25.176	25.614	26.052	26.490	26.928	27.366	27.805
Woodie	19.320	21.988	24.100	26.768	28.880	31.548	33.660
Fibonacci	22.080	23.906	25.034	26.860	28.686	29.814	31.640

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):	58.61
MACD (12,26,9):	0.2470
Directional Movement:	5.952
AROON (14):	85.714
DEMA (21):	27.692
Parabolic SAR (0,02-0,02-0,2):	26.607
Elder Ray (13):	0.391
Super Trend (3,10):	26.422
Zig ZAG (10):	28.060
VORTEX (21):	1.1200
Stochastique (14,3,5):	89.28
TEMA (21):	28.037
Williams %R (14):	-13.25
Chande Momentum Oscillator (20):	1.590
Repulse (5,40,3):	-0.0110
ROCnROLL:	1
TRIX (15,9):	0.0060
Courbe Coppock:	15.70

MA7:	28.017
MA20:	27.022
MA50:	27.684
MA100:	27.204
MAexp7:	27.924
MAexp20:	27.481
MAexp50:	27.369
MAexp100:	27.165
Price / MA7:	+0.19%
Price / MA20:	+3.88%
Price / MA50:	+1.39%
Price / MA100:	+3.18%
Price / MAexp7:	+0.52%
Price / MAexp20:	+2.14%
Price / MAexp50:	+2.56%
Price / MAexp100:	+3.33%

Quotes : - 15 min delayed data - Euronext Amsterdam

News

The latest news and videos published on SHELL PLC at the time of the analysis were as follows:

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

About author

Londinia AI

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