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Royal Dutch Shell Stock Shows Improved Technical Strength

Royal Dutch Shell (RDSB) received a positive adjustment to its Relative Strength (RS) Rating, from 69 to 73. See if Royal Dutch Shell stock can continue to rebound and hit that benchmark.




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When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

IBD’s unique rating measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock’s price performance over the last 52 weeks compares to all the other stocks in our database.

History reveals that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 as they begin their largest price moves. See if Royal Dutch Shell can continue to rebound and hit that benchmark.


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Royal Dutch Shell Stock Looks To Break Out

Royal Dutch Shell stock is working on a consolidation with a 42.39 buy point. See if the stock can break out in volume at least 40% above average.

In terms of top and bottom line numbers, the company has posted rising EPS growth over the last two quarters. Sales gains have also increased over the same time frame.

Royal Dutch Shell stock holds the No. 7 rank among its peers in the Oil & Gas-Integrated industry group. AnteroMidstreamCorp (AM) and Equinor ASA Adr (EQNR) are also among the group’s highest-rated stocks.

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