SHEL market-structure snapshot

$SHEL: multi-source stock research

Shell plc

MARKET STRUCTURE

Latest close on August 7, 2026: $89.07 (-0.6% on the latest daily bar).

HMA21 / HMA55: $90.52 / $89.45. 200DMA: $81.46.

Relative volume: 0.43x the 20-day average.

Nearest support/watch zone: $88.53.

Nearest resistance/watch zone: $89.11.

Price is above the 200DMA, so the long-term trend reference is supportive.

FUNDAMENTALS AND VALUATION

Latest comparable filing period: latest period.

Valuation snapshot: trailing P/E 9.9x; forward P/E 10.1x; EV/EBITDA 5.1x; P/S 0.8x.

BOTTOM LINE

The technical structure is mixed.

WHAT TO WATCH

• A reclaim of HMA21 near $90.52 would be the first meaningful stabilization signal.
• A close below the nearby support zone around $88.53 would weaken the setup.

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