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 10/14/2019 (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
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

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 2,293.0 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.

Central Gaps

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:

Central Indicators

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

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

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:

Central Patterns

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


S3S2S1PriceR1R2R3
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
Standard2,213.22,245.82,268.22,300.82,323.22,355.82,378.2
Camarilla2,275.42,280.42,285.52,290.52,295.52,300.62,305.6
Woodie2,208.02,243.32,263.02,298.32,318.02,353.32,373.0
Fibonacci2,245.82,266.82,279.82,300.82,321.82,334.82,355.8


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,195.22,236.82,263.72,305.32,332.22,373.82,400.7
Camarilla2,271.72,277.92,284.22,290.52,296.82,303.12,309.3
Woodie2,187.82,233.12,256.32,301.62,324.82,370.12,393.3
Fibonacci2,236.82,263.02,279.22,305.32,331.52,347.72,373.8


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,110.02,178.02,281.02,349.02,452.02,520.02,623.0
Camarilla2,337.02,352.72,368.32,384.02,399.72,415.42,431.0
Woodie2,127.52,186.82,298.52,357.82,469.52,528.82,640.5
Fibonacci2,178.02,243.32,283.72,349.02,414.32,454.72,520.0

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%

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

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