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Is SHEL signaling selling opportunity? Fell Below 50 Day Moving Average shows up after slipping 1.27%
On Wednesday, September 17th, SHEL moved down 1.27% while volume increased to 1.7× the usual levels. Multiple bearish signals emerged — Fell Below 50 DMA, MACD Bearish Centerline Cross & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 70.95, 70.49 & 69.9, with resistance at 71.99, 72.58 & 73.04.
Current SwingTradeBot Technical Rating of SHEL: D
See all signals and full analysis for SHEL on SwingTradeBot.com →
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