Royal Dutch Shell - Sell Signals

Today I deleted Royal Dutch Shell (RDS.B) fro the Barchart Van Meerten New High portfolio for negative price momentum:

Barchart technical indicators:

• 96% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 10.11% off its recent high
• Relative Strength Index 32.76%

Stock added to my portfolio

This week I added Royal Dutch Shell (RDS.B), Statoil ASA (STO), Dynegy (DYN) and Ace Limited (ACE) to the Barchart Van Meerten New High portfolio for great technical indicators and price momentum:

Royal Dutch Shell (RDS.B)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 10.37% in the last month
• Relative Strength Index 86.43%
• Barchart computes a technical support level at 85.72%
• Recently traded at 86.76 with a 50 day moving average of 79.23

Statoil ASA (STO)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 12.96% in the last month
• Relative Strength Index 76.53%
• Barchart computes a technical support level at 31.25
• Recently traded at 31.28 with a 50 day moving average of 28.29

Dynegy (DYN)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 28.52% in the last month
• Relative Strength Index 90.73%
• Barchart computes a technical support level at 29.91
• Recently traded at 31.62 with a 50 day moving average of 25.69

Ace Limited (ACE)

Barchart technical indicators:

• 88% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 4.81% in the last month
• Relative strength Index 61.59%
• Barchart computes a technical support level at 101.26
• Recently traded at 102.30 with a 50 day moving average of 99.42

Royal Ducth Shell - Barchart's Chart of the day

Royal Dutch Shell (RDS.A) is the Barchart Chart of the Day.  The world wide independent oil and gas stock has a Trend Spotter buy signal, a Weighted Alpha of 25.70, gained 21.40% in the last year and pays a 4.40% dividend.


The Chart of the Day is Royal Dutch Shell (RDS.A).  I found the stock by sorting today New High List for frequency in the last month then used the Flipchart feature to find the chart I liked.  since the Trend Spotter signaled a buy on 3/28 the stock gained 8.83%.

RDS operates as an independent oil and gas company worldwide. The company explores for and extracts crude oil, natural gas, and natural gas liquids. It also converts natural gas to liquids to provide fuels and other products; markets and trades natural gas; extracts bitumen from mined oil sands and converts it to synthetic crude oil; and generates electricity from wind energy. In addition, the company is engaged in manufacturing, supplying, and shipping crude oil; selling fuels, lubricants, bitumen, and liquefied petroleum gas (LPG) for home, transport, and industrial use; converting crude oil into a range of refined products, including gasoline, diesel, heating oil, aviation fuel, marine fuel, lubricants, bitumen, sulphur, and LPG; producing and marketing petrochemicals, such as the raw materials for plastics, coatings, and detergents for industrial customers; and alternative energy business.

 The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 8.48% in the last month
• Relative Strength Index 81.70%
• Barchart computes a technical support level at 84.07
• Recently traded at 84.82 with a 50 day moving average of 78.51

Fundamental factors:

• Market Cap $266.43 billion
• P/E 12.94
• Dividend yield 4.40%
• Since this is a foreign stock analysts have not published revenue and earnings projections
• 7 Wall Street analysts predict the stock will beat the market
• On Motley Fool the individual investors voted the stock to beat the market 432 to 17

Oil and Gas stock are very price sensitive so use the 50 day moving average as a sign of weakness and the 100 day moving average as a sell point.