SHEL technical analysis
SHEL Technical Analysis
Analysis date
July 15, 2026
Market
NYSE (USD)
Daily cutoff
July 14, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
SHEL Data Verification
Cross-validating the latest completed daily bar across independent sources.
- Symbol
- SHEL
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- July 14, 2026
No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.
| Source | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Yahoo Finance Chart API (primary) | 73.42 | July 14, 2026 | - | Verified |
| Finviz (independent) | 73.42 | July 14, 2026 (previous close) | 0.00% | Verified |
Bottom line
SHEL Technical Analysis Summary
SHEL (Shell plc) displays a cautiously constructive technical picture after recovering from its mid-2026 lows. Price at 73.42 sits above SMA20 (71.03) and SMA50 (70.86) on the daily chart, suggesting short-term and intermediate-term momentum have shifted positive. However, price remains below SMA200 (75.54), confirming the longer-term trend has not yet fully reversed. RSI14 at 54.82 on the daily timeframe indicates mildly bullish momentum without overbought conditions. The daily MACD has generated a bullish crossover with the MACD line at 0.44 above the signal line at 0.30, and the histogram at 0.14 is positive — a constructive early signal. The weekly chart shows a more neutral picture with price trading near SMA20 (72.83) and SMA50 (73.58), while RSI14 at 50.28 sits right at the midline. Key resistance lies at SMA200 (75.54) and the 60-day high of 76.24. Key support stands at 68.63 (20-day low), 66.10 (60-day low), and 63.91 (52-week low). A sustained move above 75.54 would be necessary to shift the long-term trend from neutral to bullish.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (July 14, 2026)
- Trend
- Improving but incomplete. Price at 73.42 is above SMA20 (71.03, +3.36%) and SMA50 (70.86, +3.61%) but below SMA200 (75.54, -2.81%). SMA20 and SMA50 are flattening with a slight upward tilt while SMA200 continues to slope gently downward. This configuration suggests short-term momentum has improved but a structural uptrend has not yet been confirmed.
- Momentum
- Bullish with moderate conviction. RSI14 at 54.82 is above the 50 midline, indicating bullish bias without reaching overbought territory. MACD line at 0.44 has crossed and remains above the signal line at 0.30, and the histogram at 0.14 is positive — a confirmed bullish crossover signal that suggests improving short-term momentum.
- Volatility
- Moderate. ATR14 at 1.51 (2.06% of price) suggests average daily movement of about 2%. Bollinger Bands (68.81 to 74.50) show price in the upper half of the band, consistent with the recent up move. Band width is moderate, indicating normal volatility conditions for a large-cap energy stock.
- Volume
- Near average. Latest volume of 4,231,500 is 87.4% of the 20-period average (4,841,200), indicating typical participation levels. Volume has been consistent during the recent recovery, which provides reasonable support for the move.
Assessment
The daily chart presents a cautiously constructive picture. SHEL has reclaimed both SMA20 and SMA50 after a corrective phase, and the MACD bullish crossover is a technically valid signal. The stock has recovered from its 60-day low of 66.10 and is approaching the SMA200 resistance at 75.54. However, the SMA200 remains downward-sloping, which means the longer-term trend is still unresolved. Volume patterns are acceptable but not strongly supportive. A decisive close above 75.54 with above-average volume would represent a meaningful trend reversal signal. Until then, this is best characterized as a recovery within a broader neutral-to-corrective structure.
Weekly (July 6, 2026 week)
- Trend
- Neutral to slightly improving. Price at 72.89 is near SMA20 (72.83) and SMA50 (73.58), having recovered from below SMA20 in prior weeks. SMA200 at 72.57 is flat, reflecting a market that has traded sideways over a multi-year horizon. The absence of a strong directional bias on the weekly chart is consistent with a consolidating energy sector.
- Momentum
- Neutral. RSI14 at 50.28 sits exactly at the 50 midline, reflecting a complete absence of directional momentum. MACD line at 0.02 is essentially flat relative to the signal line at 0.15, with a histogram at -0.13 that is barely negative — indicating neither bullish nor bearish momentum is dominant.
- Volatility
- Moderate to low. ATR14 at 2.57 (3.53% of price) reflects typical weekly ranges for a large-cap integrated oil stock. Bollinger Bands (67.67 to 78.17) show price in the middle of the band, consistent with a market that lacks strong directional conviction.
- Volume
- Below average. Weekly volume of 19,847,100 is 76.2% of the 20-week average (26,052,800), indicating reduced participation. Lower volume during consolidation is typical but means a breakout would need confirming volume to establish conviction.
Assessment
The weekly chart shows a market in equilibrium. Price hovering around all three major SMAs (SMA20 at 72.83, SMA50 at 73.58, SMA200 at 72.57) reflects a stock that has been range-bound for an extended period. RSI at 50 and MACD near zero confirm the lack of strong directional bias. The weekly view supports the interpretation that SHEL is in a consolidation phase following the energy sector normalization from 2022-2023 highs. A sustained move beyond the Bollinger Band range (67.67 to 78.17) would define the next directional phase. The current position near the middle of the 52-week range (63.91 to 86.30 at 47.99%) reflects mean-reverting behavior.
Key indicators
SHEL Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 54.82 | 50.28 |
| MACD (12, 26, 9) | 0.44 / 0.30 / 0.14 | 0.02 / 0.15 / -0.13 |
| ATR (14) | 1.51 (2.06%) | 2.57 (3.53%) |
| Bollinger Bands (20, 2) | 68.81 - 74.50 | 67.67 - 78.17 |
| SMA (20) | 71.03 | 72.83 |
| SMA (50) | 70.86 | 73.58 |
| SMA (200) | 75.54 | 72.57 |
Price structure
SHEL Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 73.42 | 72.89 |
| 1-Period Return | +0.81% | +1.24% |
| 5-Period Return | +3.16% | +4.57% |
| 20-Period Return | +5.88% | +2.38% |
| 60-Period Return | +10.44% | +8.92% |
| 252-Period Return | -2.37% | -4.61% |
| 52-Week Low | 63.91 | 63.91 |
| 52-Week High | 86.30 | 86.30 |
| 52-Week Position | 47.99% | 45.17% |
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 | 74.50 | 77.41 |
| 20-Period Low | 68.63 | 67.67 |
| 60-Period High | 76.24 | 86.30 |
| 60-Period Low | 66.10 | 63.91 |
Scenarios
SHEL Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price breaks above SMA200 (75.54) with above-average volume, followed by a weekly close above SMA50 (73.58), establishing a structural uptrend.
Invalidation
Price falls back below SMA20 (71.03) and breaks the 20-day low at 68.63.
What to watch
Daily RSI holding above 55; MACD histogram continuing to expand; weekly RSI above 50 sustained; increasing volume on break attempts above 75.54; crude oil price stability as a macro tailwind.
Range-Bound
Trigger
Price continues to oscillate between SMA20 support (71.03) and SMA200 resistance (75.54), with no clear directional catalyst.
Invalidation
A decisive break above 75.54 or below 68.63 with volume confirmation.
What to watch
RSI staying between 45 and 55; MACD histogram fluctuating near zero; volume remaining at or below average; energy sector ETF (XLE) price action relative to SHEL.
Bearish
Trigger
Price fails to hold above SMA50 (70.86) and breaks below the 20-day low at 68.63, resuming the corrective downtrend from the 2026 highs near 80.
Invalidation
Price reclaims and holds above SMA20 (71.03) and establishes a higher low above 68.63.
What to watch
Daily RSI falling below 50; MACD histogram turning negative; volume increasing on down days; broadening of Bollinger Bands to the downside; weakness in crude oil prices.
Methodology
Methodology and Limitations
This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Finviz (independent cross-validation). The daily analysis covers approximately 2 years (501 completed bars) ending July 14, 2026. The weekly analysis covers approximately 5 years (261 completed bars) ending the week of July 6, 2026. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.
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.
Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 14, 2026, weekly July 6, 2026 week. Generated July 15, 2026.
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