UBS Analysts Give Royal Dutch Shell (RDSB) a GBX 2675 Price Target

Galtero Lara
Diciembre 8, 2017

On Tuesday, Shares of Royal Dutch Shell plc (NYSE: RDS-A) expressed a change of -0.25% and closed its trade at $63.99. The stock traded on unusually fell volume of 2.36 Million comparing to the average volume of 4204.60 shares, completing picture of exact trends with uncompleted dots in volume over the norm.

A certain stock price rally by itself may not be sufficient evidence when making important investing decisions. Following the latest data may help investors make the tough portfolio decisions. They may also be used to assist the trader figure out proper support and resistance levels for the stock. Financial professionals may be debating if global economic growth appears to be in a modest uptrend. This year could end up being the first year in a while where this has happened. Royal Dutch Shell has a twelve month low of GBX 1,982.50 ($26.68) and a twelve month high of GBX 2,516.32 ($33.87). The Williams %R oscillates in a range from 0 to -100.

The S&P 500 raised 7.76 points, or 0.29 per cent, to 2,647.20. The Williams %R is similar to the Stochastic Oscillator except it is plotted upside-down. The Chaikin Money Flow Indicator is an oscillator developed by Marc Chaikin.

Royal Dutch Shell (NYSE RDS.A) traded down $0.21 during mid-day trading on Tuesday, hitting $63.29. These situations can be discovered by chart analysis and technical indicators, which we can use for our advantage - and that is precisely what technical analysis is trying to do. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. A CCI reading closer to +100 may indicate more buying (possibly overbought) and a reading closer to -100 may indicate more selling (possibly oversold).

ATR value of the company was 0.83 and Relative Strength Index (RSI) was 59.47. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. The stock volatility for the week was 1.02% while for the month was 1.00%. The RSI value will always move between 0 and 100. So we must wait until the RSI crosses back under 70 or crosses back above 30. With the PPOH below zero, traders may be alerted that the stock is in sell territory.

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Checking in on some other technical levels, the 14-day RSI is now at 54.02, the 7-day stands at 53.59, and the 3-day is sitting at 51.09.

Currently, the 14-day ADX for Physiomics Plc (PYC.L) is sitting at 61.48. The ADX is typically used in conjunction with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to help spot trend direction as well as trend strength. A reading under 20 would suggest no trend, and a reading from 20-25 would suggest that there is no clear trend signal. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend.

Another technical indicator that may be a powerful resource for determining trend strength is the Average Directional Index or ADX.

For further review, we can take a look at another popular technical indicator.

Moving average indicators are used widely for stock analysis. One of the more popular combinations is to use the 50-day and 200-day moving averages. Moving averages are considered to be lagging indicators meaning that they confirm trends.

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