SHELL A ORD EUR0.07
SHELL A ORD EUR0.07
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: RDSA
ISIN: GB00B03MLX29

SHELL A ORD EUR0.07 - Daily - Technical analysis published on 08/12/2019 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
28%
44%
28%
My opinion
Bearish under 2,453.0 GBX
My targets
2,374.5 GBX (-0.34%)
2,326.5 GBX (-2.35%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ROYAL DUTCH SHELL A ORD EUR0.07 as long as the price remains well below 2,453.0 GBX. The sellers” bearish objective is set at 2,374.5 GBX. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2,326.5 GBX. In case of crossing, the next objective would be the support located at 2,249.5 GBX. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.

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 Vincent Launay.

Additional analysis

Quotes

ROYAL DUTCH SHELL A ORD EUR0.07 rating 2,382.5 GBX. The price registered an increase of +0.40% on the session with the lowest point at 2,364.0 GBX and the highest point at 2,389.0 GBX. The deviation from the price is +0.78% for the low point and -0.27% for the high point.

2,364.0
2,389.0
2,382.5

A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of ROYAL DUTCH SHELL A ORD EUR0.07 in Daily shows a overall strongly bearish trend. 85.71% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

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

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2,249.5 2,326.5 2,374.5 2,382.5 2,453.0 2,521.0 2,612.0
Change (%) -5.58% -2.35% -0.34% - +2.96% +5.81% +9.63%
Change -133.0 -56.0 -8.0 - +70.5 +138.5 +229.5
Level Minor Major Major - Major Intermediate Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,326.22,341.32,357.22,372.32,388.22,403.32,419.2
Camarilla2,364.52,367.32,370.22,373.02,375.82,378.72,381.5
Woodie2,326.52,341.52,357.52,372.52,388.52,403.52,419.5
Fibonacci2,341.32,353.22,360.52,372.32,384.22,391.52,403.3


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,248.72,283.32,328.22,362.82,407.72,442.32,487.2
Camarilla2,351.12,358.42,365.72,373.02,380.32,387.62,394.9
Woodie2,253.82,285.92,333.32,365.42,412.82,444.92,492.3
Fibonacci2,283.32,313.72,332.52,362.82,393.22,412.02,442.3


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,412.72,466.32,530.22,583.82,647.72,701.32,765.2
Camarilla2,561.72,572.52,583.22,594.02,604.82,615.52,626.3
Woodie2,417.82,468.92,535.32,586.42,652.82,703.92,770.3
Fibonacci2,466.32,511.22,539.02,583.82,628.72,656.52,701.3

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): 34.40
MACD (12,26,9): -53.0000
Directional Movement: -20.0
AROON (14): -42.9
DEMA (21): 2,403.4
Parabolic SAR (0,02-0,02-0,2): 2,512.8
Elder Ray (13): -55.7
Super Trend (3,10): 2,487.8
Zig ZAG (10): 2,381.0
VORTEX (21): 0.8000
Stochastique (14,3,5): 19.20
TEMA (21): 2,356.5
Williams %R (14): -79.90
Chande Momentum Oscillator (20): -157.5
Repulse (5,40,3): 0.1000
ROCnROLL: 2
TRIX (15,9): -0.2000
Courbe Coppock: 13.30
MA7: 2,366.9
MA20: 2,489.9
MA50: 2,531.5
MA100: 2,494.8
MAexp7: 2,394.1
MAexp20: 2,463.1
MAexp50: 2,500.5
MAexp100: 2,486.3
Price / MA7: +0.66%
Price / MA20: -4.31%
Price / MA50: -5.89%
Price / MA100: -4.50%
Price / MAexp7: -0.48%
Price / MAexp20: -3.27%
Price / MAexp50: -4.72%
Price / MAexp100: -4.17%

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

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