SHELL A ORD EUR0.07 - Daily - Technical analysis published on 10/14/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
SHELL A ORD EUR0.07 Chart
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 2,374.5 GBX
My targets
2,286.5 GBX (-0.28%)
2,242.0 GBX (-2.22%)
My analysis
ROYAL DUTCH SHELL A ORD EUR0.07 is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 2,374.5 GBX. The next support located at 2,286.5 GBX is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 2,242.0 GBX. Below this support, sellers could then target 1,981.5 GBX. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
FORCE
0
10
6.6
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This analysis was given by Vincent Launay.
Additional analysis
Quotes
ROYAL DUTCH SHELL A ORD EUR0.07 rating 2,293.0 GBX. The price has increased by +0.11% since the last closing and was between 2,282.0 GBX and 2,310.0 GBX. This implies that the price is at +0.48% from its lowest and at -0.74% from its highest.2,282.0
2,310.0
2,293.0
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
Here is a more detailed summary of the historical variations registered by ROYAL DUTCH SHELL A ORD EUR0.07:
Technical
Technical analysis of this Daily chart of ROYAL DUTCH SHELL A ORD EUR0.07 indicates that the overall trend is strongly bearish. 89.29% 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.
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 5 are neutral and 9 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : Daily
Near support of channel
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
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1,981.5 | 2,242.0 | 2,286.5 | 2,293.0 | 2,374.5 | 2,453.0 | 2,521.0 |
Change (%) | -13.58% | -2.22% | -0.28% | - | +3.55% | +6.98% | +9.94% |
Change | -311.5 | -51.0 | -6.5 | - | +81.5 | +160.0 | +228.0 |
Level | Intermediate | Major | Intermediate | - | 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 | 2,213.2 | 2,245.8 | 2,268.2 | 2,300.8 | 2,323.2 | 2,355.8 | 2,378.2 |
Camarilla | 2,275.4 | 2,280.4 | 2,285.5 | 2,290.5 | 2,295.5 | 2,300.6 | 2,305.6 |
Woodie | 2,208.0 | 2,243.3 | 2,263.0 | 2,298.3 | 2,318.0 | 2,353.3 | 2,373.0 |
Fibonacci | 2,245.8 | 2,266.8 | 2,279.8 | 2,300.8 | 2,321.8 | 2,334.8 | 2,355.8 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 2,195.2 | 2,236.8 | 2,263.7 | 2,305.3 | 2,332.2 | 2,373.8 | 2,400.7 |
Camarilla | 2,271.7 | 2,277.9 | 2,284.2 | 2,290.5 | 2,296.8 | 2,303.1 | 2,309.3 |
Woodie | 2,187.8 | 2,233.1 | 2,256.3 | 2,301.6 | 2,324.8 | 2,370.1 | 2,393.3 |
Fibonacci | 2,236.8 | 2,263.0 | 2,279.2 | 2,305.3 | 2,331.5 | 2,347.7 | 2,373.8 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 2,110.0 | 2,178.0 | 2,281.0 | 2,349.0 | 2,452.0 | 2,520.0 | 2,623.0 |
Camarilla | 2,337.0 | 2,352.7 | 2,368.3 | 2,384.0 | 2,399.7 | 2,415.4 | 2,431.0 |
Woodie | 2,127.5 | 2,186.8 | 2,298.5 | 2,357.8 | 2,469.5 | 2,528.8 | 2,640.5 |
Fibonacci | 2,178.0 | 2,243.3 | 2,283.7 | 2,349.0 | 2,414.3 | 2,454.7 | 2,520.0 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 42.60 | |
MACD (12,26,9): | -7.5000 | |
Directional Movement: | -7.8 | |
AROON (14): | -21.4 | |
DEMA (21): | 2,315.4 | |
Parabolic SAR (0,02-0,02-0,2): | 2,377.1 | |
Elder Ray (13): | -23.2 | |
Super Trend (3,10): | 2,276.1 | |
Zig ZAG (10): | 2,288.5 | |
VORTEX (21): | 0.9000 | |
Stochastique (14,3,5): | 22.50 | |
TEMA (21): | 2,317.1 | |
Williams %R (14): | -83.40 | |
Chande Momentum Oscillator (20): | -74.0 | |
Repulse (5,40,3): | -2.1000 | |
ROCnROLL: | 2 | |
TRIX (15,9): | 0.0000 | |
Courbe Coppock: | 3.00 |
MA7: | 2,314.3 | |
MA20: | 2,335.7 | |
MA50: | 2,313.0 | |
MA100: | 2,407.7 | |
MAexp7: | 2,310.4 | |
MAexp20: | 2,322.8 | |
MAexp50: | 2,342.7 | |
MAexp100: | 2,368.9 | |
Price / MA7: | -0.92% | |
Price / MA20: | -1.83% | |
Price / MA50: | -0.86% | |
Price / MA100: | -4.76% | |
Price / MAexp7: | -0.75% | |
Price / MAexp20: | -1.28% | |
Price / MAexp50: | -2.12% | |
Price / MAexp100: | -3.20% |
News
The latest news and videos published on ROYAL DUTCH SHELL A ORD EUR0.07 at the time of the analysis were as follows:
- Royal Dutch Shell plc: Transaction in Own Shares
- Royal Dutch Shell plc: Transaction in Own Shares
- Royal Dutch Shell plc: Transaction in Own Shares
- Royal Dutch Shell plc: Transaction in Own Shares
- Royal Dutch Shell plc: Transaction in Own Shares
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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