Stock Market: ROYAL DUTCH SHELL Price Chart, Analysis And Trade Signals

Stock Market: ROYAL DUTCH SHELL Price Chart, Analysis And Trade Signals

royal dutch shell technical analysis

ROYAL DUTCH SHELL Technical Analysis: Weekly Chart

ROYAL DUTCH SHELL technical analysis

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 21.32 & the resistance level is at 23.35.

ROYAL DUTCH SHELL will trade in the up channel until there is trend reversal.

ROYAL DUTCH SHELL Technical Analysis: Daily Chart

ROYAL DUTCH SHELL technical analysis

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 22.54 & the resistance level is at 23.35.

ROYAL DUTCH SHELL will trade in the 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.

TRADE SUGGESTION- BUY AT 22.83, TAKE PROFIT AT 23.35 AND STOP LOSS AT 22.54

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