In the meantime, A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in early January from “a Neutral” to “a Buy”. Morgan Stanley also remained covering SHEL and has increased its forecast on January 07, 2025 with a “an Overweight” recommendation from previously “an Equal-weight” rating. Wolfe Research revised its rating on January 03, 2025. It rated SHEL as “an Outperform” which previously was an “a Peer perform”.
Price Performance Review of SHEL
On Monday, Shell Plc ADR [NYSE:SHEL] saw its stock fall -0.60% to $64.65. Over the last five days, the stock has gained 4.12%. Shell Plc ADR shares have risen nearly 3.19% since the year began. Nevertheless, the stocks have fallen -9.12% over the past one year. While a 52-week high of $74.61 was reached on 03/27/25, a 52-week low of $58.54 was recorded on 04/09/25. SMA at 50 days reached $67.48, while 200 days put it at $67.65.
Levels Of Support And Resistance For SHEL Stock
The 24-hour chart illustrates a support level at 64.11, which if violated will result in even more drops to 63.56. On the upside, there is a resistance level at 64.97. A further resistance level may holdings at 65.28. The Relative Strength Index (RSI) on the 14-day chart is 45.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.11%. Stochastics %K at 42.96% indicates the stock is a holding.
How much short interest is there in Shell Plc ADR?
A steep rise in short interest was recorded in Shell Plc ADR stocks on 2025-03-31, growing by 3.87 million shares to a total of 8.93 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 5.05 million shares. There was a rise of 43.39%, which implies that there is a positive sentiment for the stock.
