Royal Dutch Shell (LON:RDSA) Given "Buy" Rating at Jefferies Group

Mae Love
January 13, 2018

Barclays restated an "overweight" rating and issued a GBX 2,750 ($37.01) price objective on shares of Royal Dutch Shell in a research report on Monday, October 2nd. reaffirmed a "buy" rating and set a GBX 2,500 ($33.65) target price on shares of Royal Dutch Shell in a research note on Monday, October 16th. Tushar Chanda developed the Aroon Indicator in 1995 to help traders determine the strength of a trend and whether pricing behavior was favoring a trend or sideways action. The average 1 year price objective among brokerages that have covered the stock in the last year is GBX 2,600.83 ($35.00).

Investors often conduct stock analysis to help figure out which ones are a good buy, and at what price should they get in. Moving average indicators are popular tools for stock analysis. The stock had a trading volume of 4,718,128 shares, compared to its average volume of 4,570,000. A favorite tool among technical stock analysts is the moving average.

Shares of Royal Dutch Shell plc (R6C.DE) are moving on volatility today 0.21% or 0.06 from the open.

Royal Dutch Shell Plc (LON:RDSB) opened at 2275.55 on Friday. The ADX is used to measure trend strength. The simple moving average is a mathematical calculation that takes the average price (mean) for a given amount of time. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend.

Investors are keeping a close eye on levels of Royal Dutch Shell Plc (RDSB.L). Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. A value of 50-75 would indicate a very strong trend, and a value of 75-100 would signify an extremely strong trend.

Traders also may be narrowing in on the ATR or Average True Range indicator when reviewing technicals.

Citizens Financial Group (CFG) Lifted to "Outperform" at BMO Capital Markets
STATE STREET CORP owned 1.25% of Citizens Financial Group, Inc. (NYSE: CFG ) to report earnings on January, 19 before the open. Voya Investment Management LLC boosted its stake in shares of Citizens Financial Group by 199.3% in the second quarter.

Prudential (PRU) Reaches New 52-Week High at $1970.50
Law purchased 2,162 shares of Prudential stock in a transaction dated Friday, December 1st. 4,133 Prudential Financial, Inc. Parallax Volatility Advisers Lp decreased Prudential Finl Inc (Put) (PRU) stake by 11.37% reported in 2017Q3 SEC filing.

US State Department to investigate 'sonic attacks' in Cuba
Cuban officials denied any involvement in harming USA personnel and have called the sonic attack allegations "science fiction". The State Department has confirmed 24 cases of workers in Havana being affected by the purported "attacks".

In terms of CCI levels, Royal Dutch Shell (RDS.B) now has a 14-day Commodity Channel Index (CCI) of 109.66. The ATR is an indicator developed by J. Welles Wilder.

Investors may use multiple technical indicators to help spot trends and buy/sell signals. The general interpretation of the ATR is the higher the ATR value, the higher the volatility.

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements.

Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator. The RSI may be useful for spotting abnormal price activity and volatility. The Williams %R oscillates in a range from 0 to -100. Traders may be tracking the UO reading to gauge if the stock has entered the overbought range. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. Alternately, if the indicator goes under -80, this may show the stock as being oversold. After a recent check, Pacific Horizon Investment Trust Plc's 14-day RSI is now at 72.92, the 7-day stands at 79.14, and the 3-day is sitting at 71.22.

Looking at shares from a technical standpoint, Royal Dutch Shell Plc (RDSB.L) presently has a 14-day Commodity Channel Index (CCI) of 118.46.

Other reports by

Discuss This Article

FOLLOW OUR NEWSPAPER