✅SHEL #SHEL is an energy and petrochemical company in Europe, Asia, Oceania, Africa, the USA and other countries of America.
📊 FUNDAMENTAL ANALYSIS
🔴Impeccable balance sheet and good value.
🔴Traded 8.5% below our fair value estimate
🔴Earnings growth is projected at 4.72% per year.
🔴Analysts agree that the stock price will grow by 23.8%
🛠 TECHNICAL ANALYSIS
📈 SHORT ▪️ Price fell below 200 and 50 EMA on the daily TF ▪️ MACD is below its signal line and negative. ▪️ RSI is below 50, but not in the oversold zone. ▪️ RSI - bearish divergence ▪️ Breakout of sideways consolidation support
↗️ TRADE
🎯 Target price $63.20
📊 Downside potential 8%
💼 Portfolio #active_management
⚠️ The ideas published are not investment recommendations, this is only the personal opinion of the blog author.
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