SHEL

Shell ·Energy
90.87 live · 2026-08-27 14:57

Some scores are at the bottom of their range

This score sits at the bottom of the 0–100 range. The underlying calculation was negative, so the displayed value is a floor, not a measurement of zero.

  • Tactical Score: displayed 0, underlying value -22.1
1.8%
Brown Bear Score
10.3%
Business Conviction Score
16.6%
Position Health Score
19.4%
Chase Risk
Daily closes

Daily closes · 1Y (252 sessions) · +23.7% · range 70.31–94.15

Score trends appear once the scores have been recorded on more than one trading day.

The Businesswhat the company reports

Business & cash flow

FCF / revenue
Gross margin 0.0%
ROIC 0.0%
Forward P/E 10.3

No annual filing with both total assets and a cash-flow figure is cached for this name, so neither validated measure can be computed. FCF/revenue is shown instead, which is not the validated measure.

Price vs Earnings growth

Price has run ahead of forward EPS growth by 24.9pp

Confidence 95.0/100

Takeaway Price has moved further than forward earnings growth currently justifies — worth weighing against the rest of the entry case.

The Pricewhat the chart is doingTop ↑

Price Levels

StrategyFair Value Anchor
Reference band 87.96 — 91.57
Protective stop 87.14 (Atr, 2.9% risk)
Support 90.31 (2 touches, 0.9% away)
Resistance 92.80 (1.9% away)

Takeaway The shares are nearer the floor than the ceiling: about 0.9% above 90.31, a price buyers have stepped in at before, and 1.9% below 92.80, where sellers have turned up before. That floor has held 2 times, which is how it was spotted. If someone bought at today's price and sold if it dropped through the level below, they would be about 2.9% out of pocket. That is all this figure means — an illustration of the risk, not a price to sell at.

Levels are computed from price structure. They describe where the engine locates support and extension — they are not targets, and not advice.

Ichimoku Cloud (Adaptive)

Daily cloudPrice ABOVE the cloud | periods 9/26/52 (100% of classic 9/26/52)
LinesTenkan/Kijun BULL | cloud twist BULL
Cloud thickness77% percentile
Chikou spanAbove price from 26 periods ago
Weekly cloudPrice ABOVE the weekly cloud (context only, not scored)

Takeaway The stock is trading above its cloud — a shaded band drawn from several of its own moving averages, currently 85.48 to 90.64. Being above it means the medium-term picture is pointing upwards, and that band is the first place the stock has recent support if it slips back. Its shorter-term averages agree with that. The band is unusually wide at the moment, so it marks a broad zone rather than a single level.

Trailing returns

21 days +5.7%
63 days +8.7%
126 days +10.7%
252 days +23.4%
Below 252d high3.2%

Trend context

PositionAbove trend
ExtensionExtremely extended
Trend slopeRising
Direction of travelHolding its deviation

Takeaway Extreme upside extension above Kalman fair trend; entry risk is elevated.

Volatility

State In a squeeze
Current band width6.9% of price
Recent tightest6.9% (0 sessions ago, narrower than 87.0% of its history)
Expansion since1.00×
Band 87.84 — 94.15

Takeaway Lately this share price has been swinging around inside a range roughly 7% wide, and it recently went unusually quiet — calmer than it has been 87% of the time. When a stock goes quiet like this, its next move tends to look big by comparison. But quiet says nothing about which way it will go: Brown Bear tested calm-before-a-move as a reason to buy, and it did not work.

Repair Pathway

  1. Nearest Trigger Positive 20-day momentum acceleration repair trigger repair engine identifies this as the nearest technical repair catalyst; chase risk lowers upgrade comfort · Broadly stable
  2. Trigger 2 EMA20 continuation hold already above Track 2 pathway: price is above a rising EMA20; sustained hold would support momentum continuation; chase risk lowers upgrade comfort · Broadly stable
  3. Trigger 3 ADX turns up from weak trend zone secondary repair secondary repair catalyst could add confirmation if the primary trigger develops; chase risk lowers upgrade comfort · Improving rapidly
  4. Trigger 4 Relative momentum leadership holds already satisfied Track 2 pathway: relative momentum leadership is already present; maintaining it supports upgrade pressure; chase risk lowers upgrade comfort · Broadly stable
  5. Trigger 5 Volume confirmation above 1.5x +0.50x volume confirmation would improve confidence in the pathway; chase risk lowers upgrade comfort · Improving

Who's Tradingthe flow behind the priceTop ↑

Insider activity

ActivityNo filings in the window
Buy filings0
Sell filings0

Open-market Form 4 purchases and sales over the last 75 days, read from SEC EDGAR Form 4. Grants, option exercises, gifts and shares withheld for tax are excluded — they are compensation mechanics, not a decision to buy or sell. Reported Form 4 activity. Brown Bear tested insider cluster-buying as a return signal and rejected it as era-unstable; shown as fact, not signal.

Volume confirmation

Volume-price trend Above its signal line
Confirmation Marginal

No absorption or distribution event in the recent window.

Takeaway Slightly more shares change hands on rising days than on falling ones, but the gap is too small to read anything into.

Options Positioning

No binary-event flag

SHEL: no binary-event flag. Near IV 22%, far IV 23% (ratio 0.94), implied move 2.6%.

Implied volatility 22% near (8d) · 23% far (113d)
Term structure 0.94× near/far
Historical volatility 19%
Implied vs historical 1.17×
Implied move ±2.6% by 2026-09-04
Implied move vs ATR 0.77×
Skew Put Skew (1.33×)
Call wall 100.00 (+10.1% away)
Put wall 75.00 (-17.5% away)
Gamma pin 85.00

Takeaway Insuring against a move in this stock costs less for the next few weeks than for the next few months, which is the normal state of affairs and suggests no particular date is worrying anyone. Options traders are positioned for a move of around 2.6% in either direction by 2026-09-04.

Chain as at 2026-08-27. This is a risk read on whether a specific event is being priced — not a directional view.

Context & Methodthe record, and how it was builtTop ↑

Relative Rotation

ImprovingLeadingLaggingWeakeningvs sectorvs SPYsector vs SPYRS-Ratio →RS-Momentum →

Repair Attempt

Rotation health 63.8/100; Positive Rotation.

Rotation health 63.8
Rotation strength 71.8
LegQuadrantRS-RatioRS-Mom
Stock vs sector Lagging 87.0 95.3
Stock vs SPY Improving 97.3 113.3
Sector vs SPY Leading 110.4 112.9

Direction of travel: North-West / early recovery

Position only. Brown Bear's RRG redesign programme is closed — five constructions, none beat an appropriate null — so this section describes where the name sits, and is not a signal.

News Headlines

  1. Loading headlines\u2026

Headlines are supplied by third-party feeds and are not written, ranked or interpreted by Brown Bear. They feed no score on this page.

Detailed Scoring

Positive signals

  • Piotroski F-score 5/9 (+5.0)
  • Altman Z-score 3.00 (+3.0)
  • High earnings quality (accrual ratio 0.000) (+1.0)
  • Track 2: volume expansion 1.37x average (+8.3)
  • Track 2: bullish DI spread 13.9 (+7.6)
  • Track 2: relative momentum rank 0.67 (+5.3)
  • Track 2: Hidden Bullish MACD divergence (+7.0)
  • Track 2: price above EMA20 by 0.5% (+0.2)
  • Track 2: EMA20 slope expanding 1.3% (+2.1)
  • Track 2: VPT strength 0.07 (+1.5)
  • Track 2: price above EMA50 by 3.4% (+1.6)
  • Track 2: EMA50 slope improving 2.2% (+3.1)
  • Track 2: Bollinger position 0.52 (+3.9)
  • Regime convergence: TREND_EXHAUSTION confidence 60.0/100 (EMERGING) (-12.0)

Negative signals

  • Underperforming sector over 20 days
  • Track 2: weak MACD histogram (-0.13)
  • Track 2: weak MACD line/signal structure (-7.0)
  • Relative strength versus sector deteriorating
  • Track 2: negative 20-day momentum acceleration (-0.11)
  • Track 2: weak/falling ADX (18.7, falling)
  • Track 2: RSI deterioration/overheating 57.6, 5-day change -0.4
  • FCF margin unavailable: revenue missing from fundamentals cache
  • Track 2 structural exemption: structural score 9.0/100 below the 25 quality floor; this is an unowned speculative candidate, so the universal SELL gate was skipped and the Track 2 momentum/RRG grid was allowed to evaluate instead. Structural quality here is weak by design for this kind of candidate -- treat any resulting BUY as higher risk than a Track 1 signal.

Chase risk is not elevated for this name, so extension penalties are omitted from the negative signals above.