Question 1

What implications does the 10-day RSI indicator have for SHEL?

Accepted Answer

The RSI Indicator for SHEL moved out of oversold territory on September 12, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 20 similar instances when the indicator left oversold territory. In 16 of the 20 cases the stock moved higher. This puts the odds of a move higher at 80%.

Question 2

What does the Stochastic Oscillator suggest about SHEL's trend?

Accepted Answer

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 39 of 60 cases where SHEL's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 65%.

Question 3

How did SHEL's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved below the 0 level on August 30, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on SHEL as a result. In 38 of 89 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 43%.

Question 4

What does MACD indicator imply for SHEL?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for SHEL turned negative on September 03, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 41 similar instances when the indicator turned negative. In 20 of the 41 cases the stock turned lower in the days that followed. This puts the odds of success at 49%.

Question 5

What is the significance of the 50-day moving average indicator for SHEL?

Accepted Answer

SHEL moved below its 50-day moving average on September 03, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 6

What is the significance of the 10-day moving average indicator for SHEL?

Accepted Answer

The 10-day moving average for SHEL crossed bearishly below the 50-day moving average on September 04, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 7 of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 44%.

Question 7

What does a 3-day price advance indicate for SHEL?

Accepted Answer

Following a +1.87% 3-day Advance, the price is estimated to grow further. Considering data from situations where SHEL advanced for three days, in 188 of 331 cases, the price rose further within the following month. The odds of a continued upward trend are 57%.

Question 8

What does a 3-day decline signify for SHEL's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SHEL declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 57%.

Question 9

What does SHEL breaking above its upper Bollinger Band indicate?

Accepted Answer

SHEL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

SHEL Stock Shell (SHEL, $69.38) price may climb as it broke lower Bollinger Band on Sep 03, 2024

SHEL's RSI Indicator recovers from oversold territory

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