Based on the recent news and technical analysis, here's the price prediction for Shell (SHEL) for the next trading week:
Technical Analysis
The stock shows a bullish trend in the short term, with recent price action forming higher lows. The latest closing price of $67.13 represents a key resistance level. The volume pattern indicates increasing buying pressure.
News Impact Analysis
Price Targets for Next Week
Price Prediction: $69.25 by end of next week
Trading Recommendation: BUY Rationale:
Entry point: Current market price ($67.13) Stop loss: $65.80 Take profit: $69.25
The stock shows potential for upward movement based on both technical indicators and fundamental factors. The company's strong cash flow generation and commitment to shareholder returns, combined with supportive energy policies, create a favorable environment for price appreciation.
The price of SHEL is predicted to go up 1.98%, based on the high correlation periods with BSAC. The similarity of these two price pattern on the periods is 90.23%.
SHEL
BSAC
Year
SHEL Price Forecast($)
Potential Return(%)
2025
80.000
23.990
2026
75.000
13.900
2027
85.000
29.080
2028
85.000
29.080
2029
85.000
29.080
2030
85.000
29.080
Shell stands to benefit from the rise in global gas demand and likely strong prices over the next decade as LNG becomes integral to managing renewable intermittency.
Shell's new CEO has reigned in its transition strategy and refocused the company on capital discipline and returns, which should pay off for shareholders with greater cash returns.
Downstream returns should improve as Shell reduces its downstream footprint to fewer integrated refining and chemical facilities while reducing fuel production and increasing higher-value chemical volume.
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