Royal Dutch Shell Technical Analysis
22 Aug 2022
ROYAL DUTCH SHELL Technical Analysis: Weekly Chart
In the weekly charts, ROYAL DUTCH SHELL is trading in an up channel. ROYAL DUTCH SHELL is currently trading above all SMA.
RSI is in buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness.
Its immediate support is 21.31 & the resistance level is at 23.35.
ROYAL DUTCH SHELL will trade in an up channel until there is trend reversal.
ROYAL DUTCH SHELL Technical Analysis: Daily Chart
In the daily charts, ROYAL DUTCH SHELL is trading in an up channel. ROYAL DUTCH SHELL is currently trading above all SMA.
RSI is in buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness.
Its immediate support is 22.55 & the resistance level is at 23.01.
ROYAL DUTCH SHELL will trade in an up channel until there is trend reversal.
How to Trade ROYAL DUTCH SHELL this Week:
ROYAL DUTCH SHELL will follow the uptrend until their trend reversal. So, remain bullish on ROYAL DUTCH SHELL.