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Takip Edin: @UscMarketsSHEL Stock Forecast & Shell plc Chart Analysis
This article provides a detailed analysis of SHEL-Shell plc stock including a forecast for SHEL shares. It features Shell plc technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
SHEL Historical Data Review
SHEL Current Price Performance Analysis
The Shell plc - SHEL stock traded on the American stock market, on 06-05-2024, closed at 69.81$ with a %-0.40 decreased compared to the previous day.
In the last month, the price of SHEL changed by %-4.08 decreased in value, from 72.78 dollars on 05-06-2024 to 69.81 dollars, decreased.
Last year, the price of SHEL was 57.7 dollars on 06-06-2023, and changed by %20.99 increased in value, to 69.81 dollars increased within a year.
The price of Shell plc stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
SHEL with AI Stock Forecast & Price Target
On the SHEL chart Shell plc price was recorded as 69.81 Dollars on 06/05/2024.
The artificial intelligence's forecast on SHEL stock is as follows.
The artificial intelligence's prediction error margin for SHEL stock is high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Shell plc stock over the next 4 months is: 72.6 Dollars.
The commentary on SHEL stock Target Price: Highest: 80.779 Dollars is predicted.
The commentary on SHEL stock Target Price: Lowest: 66.915 Dollars is predicted.
Resistance Price where Shell plc stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 10-08-2024 | 72.536 |
| 12-27-2024 | 75.053 |
| 04-11-2025 | 80.779 |
Support Price where Shell plc stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 07-25-2024 | 66.915 |
| 11-12-2024 | 68.869 |
| 01-31-2025 | 73.049 |
The commentary on SHEL stock: The target price can generally be said to be on the rise.
The commentary on SHEL stock: Fluctuations in the target price can be expected in the coming days.
The target price for Shell plc stock by the end of 2024 is predicted to be 75.053 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on SHEL stock, and the 2024 target price predictions for Shell plc are detailed above.
The technical analysis and charts for the commentary on SHEL stock are below.
SHEL Support & Resistance and Trend Analysis
SHEL stock you have reviewed the technical analysis support resistance charts regarding.
SHEL : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the SHEL review, the Shell plc support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Shell plc Support and Resistance Prices:
| SHEL Support Level Price | SHEL Resistance Level Price |
|---|---|
| 60.34 | 64.46 |
| 62.03 | 64.98 |
| 62.54 | 67.23 |
| 63.03 | 67.45 |
| 64.19 | 67.65 |
| 64.20 | 68.74 |
| 69.21 | 72.82 |
| 70.16 | 73.62 |
| 70.58 | 73.94 |
| 74.61 |
SHEL Technical Analysis: SMA, RSI, MACD
Upon reviewing the SHEL chart, buy and sell signals have been generated in the Shell plc technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for SHEL stock are as follows:- SHEL technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Shell plc gave a 'Buy' signal when the RSI was at 29.599, with the current RSI value at 31.135.
- The technical analysis for Shell plc indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Shell plc stock: Click here to read more predictions on SAP SE stock.
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