Shell plc technical analysis
Technical analysis of Shell plc (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is Shell plc
Shell plc is an energy and petrochemical company operating in Europe, Asia, Oceania, Africa, and the Americas. The company conducts exploration and extraction of natural gas, crude oil, and natural gas liquids, as well as refining, marketing, and transportation operations for these products. Shell is also engaged in producing low-carbon energy solutions, including biofuels, and marketing chemicals and lubricants.
Description generated automatically from public sources; it may be inaccurate or out of date.
Shell plc: latest session data
Closing values for October 14, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
3,665.50 GBp
+7.07%
50 sessions
3,521.49 GBp
+11.44%
200 sessions
3,213.66 GBp
+22.12%
Session levels
s2
3,804.00
Support
s1
3,855.50
Support
pivot
3,887.50
Pivot
r1
3,939.00
Resistance
r2
3,971.00
Resistance
How to read it
In the October 14, 2026 session Shell plc closed higher at 3,924.50 GBp, +0.45% versus the previous session.
The price sits above every moving average observed: +7.07% against the 21-session average, +11.44% against the 50 and +22.12% against the 200.
The 14-period RSI reads 78.5, in overbought territory.
MACD stands at 104.313 against a signal line at 79.933: the histogram is positive (+24.380).
ADX reads 30.2, indicating a marked directionality.
Levels computed on the latest session place supports at 3,855.50 and 3,804.00 GBp and resistances at 3,939.00 and 3,971.00 GBp, around a pivot of 3,887.50.
The average daily range (ATR) is 71.646 GBp, or 1.83% of price.
Turnover was 1.8M shares, 17% of the 20-session average.
Over the last twelve months the price ranged between 2,559.28 and 3,930.00 GBp, and today stands −0.14% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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How Montbon’s technical analysis works
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
FAQ about Shell plc
How is Shell plc analysed technically?
Technical analysis of Shell plc is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Shell plc?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Shell plc?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Shell plc it helps frame the technical structure of the historical chart and is not a forecast.
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