SHEL technical analysis
SHEL Technical Analysis
Analysis date
August 5, 2026
Market
NYSE (USD)
Daily cutoff
August 4, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
SHEL Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- SHEL
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- August 4, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 89.84 | August 4, 2026 | - | Verified |
| Verification series | 89.84 | August 4, 2026 | 0.00% | Verified |
Bottom line
SHEL Technical Analysis Summary
SHEL (Shell plc) is in a strong multi-timeframe uptrend. Price at 89.84 sits above SMA20 (86.66), SMA50 (84.01), and SMA200 (80.30) on the daily chart, and the weekly chart shows the same bullish alignment with price above all three weekly averages. RSI14 at 62.49 on the daily and 64.21 on the weekly reflects firm momentum without overbought extremes. The daily MACD line (2.13) is above its signal line (1.68) with a positive histogram (0.45), confirming bullish momentum. The stock trades in the upper portion of its 52-week range at 84.22% on the daily and 92.25% on the weekly. Key resistance is at the 20-day and 60-day high of 92.07, followed by the 52-week high of 94.05. Key support is at SMA20 (86.66), the 20-day low (81.27), and the 60-day low (76.26). The latest session pulled back 1.36% from the prior close, and a decisive break above 92.07 would open the path toward 94.05, while a loss of SMA20 would shift the short-term bias neutral.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 4, 2026)
- Trend
- Bullish. Price at 89.84 is above SMA20 (86.66, +3.67%), SMA50 (84.01, +6.94%), and SMA200 (80.30, +11.88%). The moving averages are stacked bullishly with price leading the trend, confirming a positive daily structure after a multi-month recovery.
- Momentum
- Bullish and not overbought. RSI14 at 62.49 is above the 50 midline with room before reaching overbought territory. MACD line at 2.13 is above the signal line at 1.68, and the histogram at 0.45 is positive, confirming improving momentum.
- Volatility
- Moderate. ATR14 at 1.66 (1.85% of price) suggests an average daily range of about 2%. Bollinger Bands (80.85 to 92.46) place price in the upper third of the band, consistent with an advancing stock. Band width is moderate, indicating normal volatility for a large-cap energy name.
- Volume
- Above average. Latest volume of 8,972,303 is 129.4% of the 20-period average (6,933,678), indicating active participation in the recent advance. Sustained above-average volume on up days supports the strength of the move.
Assessment
The daily chart is constructively bullish. SHEL trades above all three major moving averages with a positive SMA stack, RSI momentum is firm, and the MACD histogram is expanding in positive territory. Volume confirms the move at 129% of its 20-period average. The main near-term risk is a pullback after the recent run, since price sits close to the upper Bollinger Band and just 2.5% below the 20-day high of 92.07. A hold above SMA20 (86.66) keeps the trend intact, while a break below the 20-day low at 81.27 would signal a deeper correction.
Weekly (July 27, 2026 week)
- Trend
- Bullish. Price at 91.98 is above SMA20 (86.01, +6.95%), SMA50 (78.56, +17.09%), and SMA200 (64.13, +43.43%). The weekly moving averages are stacked bullishly and the SMA200 has turned upward, reflecting a multi-year uptrend rather than a short-term bounce.
- Momentum
- Bullish. RSI14 at 64.21 sits above the 50 midline and is approaching overbought but has not reached extreme readings. MACD line at 1.98 is above the signal line at 1.87, with a slightly positive histogram at 0.10, indicating momentum remains constructive at the weekly level.
- Volatility
- Moderate. ATR14 at 4.23 (4.60% of price) reflects typical weekly ranges for an integrated oil major. Bollinger Bands (77.09 to 94.92) place price near the upper band, consistent with an ongoing advance.
- Volume
- Above average. Weekly volume of 42,839,501 is 118.7% of the 20-week average (36,082,706), showing rising participation during the advance. Healthy volume on an uptrend adds conviction to the move.
Assessment
The weekly chart confirms a strong multi-year uptrend. Price is well above all three weekly moving averages, the SMA200 at 64.13 has turned up, and the stock trades in the upper part of its 52-week range at 92.25%. RSI at 64.21 and a positive MACD histogram support the bullish structure. The trend is intact as long as price holds above SMA20 (86.01); a weekly close below the 20-week low at 76.26 would be the first sign of trend deterioration.
Key indicators
SHEL Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 62.49 | 64.21 |
| MACD (12, 26, 9) | 2.13 / 1.68 / 0.45 | 1.98 / 1.87 / 0.10 |
| ATR (14) | 1.66 (1.85%) | 4.23 (4.60%) |
| Bollinger Bands (20, 2) | 80.85 - 92.46 | 77.09 - 94.92 |
| SMA (20) | 86.66 | 86.01 |
| SMA (50) | 84.01 | 78.56 |
| SMA (200) | 80.30 | 64.13 |
Price structure
SHEL Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 89.84 | 91.98 |
| 1-Period Return | -1.36% | +4.07% |
| 5-Period Return | +4.22% | +20.19% |
| 20-Period Return | +9.57% | +3.78% |
| 60-Period Return | +7.61% | +40.42% |
| 252-Period Return | +29.57% | +141.72% |
| 52-Week Low | 67.38 | 67.38 |
| 52-Week High | 94.05 | 94.05 |
| 52-Week Position | 84.22% | 92.25% |
Key levels
SHEL Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 92.07 | 94.05 |
| 20-Period Low | 81.27 | 76.26 |
| 60-Period High | 92.07 | 94.05 |
| 60-Period Low | 76.26 | 64.76 |
Scenarios
SHEL Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price breaks and holds above the 20-day high at 92.07, then tests the 52-week high at 94.05 with above-average volume.
Invalidation
Price falls back below SMA20 (86.66) and breaks the 20-day low at 81.27.
What to watch
Daily RSI holding above 60; MACD histogram staying positive and expanding; volume remaining above its 20-period average; weekly RSI above 60 sustained; increasing volume on break attempts above 92.07; crude oil price stability as a macro tailwind.
Range-Bound
Trigger
Price oscillates between SMA20 support (86.66) and resistance near 92.07 to 94.05 without a breakout.
Invalidation
A decisive break above 94.05 or below 81.27 with volume confirmation.
What to watch
RSI fluctuating between 55 and 65; MACD histogram flattening near zero; volume easing back toward average; energy sector ETF price action relative to SHEL.
Bearish
Trigger
Price loses SMA20 (86.66) and breaks below the 20-day low at 81.27, then the 60-day low at 76.26, reversing the recent advance.
Invalidation
Price reclaims and holds above SMA20 (86.66) and establishes a higher low above 81.27.
What to watch
Daily RSI falling below 50; MACD histogram turning negative; volume increasing on down days; a close below the lower Bollinger Band; weakness in crude oil prices.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 4, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 4, 2026, weekly July 27, 2026 week. Generated August 5, 2026.
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