Shell PLC

In Stage 2 Advancing with a confirmed Momentum Breakout, SHEL retains a bullish medium-term posture but is extended above the rising 9/20 EMAs and into overbought RSI and Options Score territory. Execution aligns with the Free Cash Flow + Buybacks strategy by stalking for a pullback into the 9/20 EMA support zone to validate structural integrity before entering.

• ↑Q1 2026 adjusted earnings of $7 B and $17 B+ operational cash flow signal robust performance.
• ↑Shell sees LNG demand rising 65% by 2050, backing its capacity investments.
• ↓Ongoing Middle East conflicts threaten operations in Oman and Qatar.