SHEL
Shell plc Energy - Oil & Gas Investor Relations →
Shell plc (SHEL) closed at $88.98 as of 2026-05-01, trading 43.4% above its 200-week moving average of $62.06. The stock is currently moving closer to the line, down from 44.1% last week. With a 14-week RSI of 76, SHEL is in overbought territory.
A big spike in selling this week — 2.0x the usual volume, and the price dropped. Sometimes this kind of heavy selling marks the end of a decline. The idea is that the last reluctant holders have finally sold, leaving fewer sellers left to push the price lower.
Over the past 2150 weeks of data, SHEL has crossed below its 200-week moving average 21 times. On average, these episodes lasted 19 weeks. Historically, investors who bought SHEL at the start of these episodes saw an average one-year return of +12.9%.
With a market cap of $248.1 billion, SHEL is a large-cap stock. The company generates a free cash flow yield of 9.2%, which is notably high. Return on equity stands at 10.2%. The stock trades at 1.5x book value.
The company has been aggressively buying back shares, reducing its share count by 18.8% over the past three years.
Over the past 33.3 years, a hypothetical investment of $100 in SHEL would have grown to $1926, compared to $2973 for the S&P 500. SHEL has returned 9.3% annualized vs 10.7% for the index, underperforming the broader market over this period.
Free cash flow has been declining at a -19.5% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: SHEL vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After SHEL Crosses Below the Line?
Across 19 historical episodes, buying SHEL when it crossed below its 200-week moving average produced an average return of +6.7% after 12 months (median +8.0%), compared to +5.1% for the S&P 500 over the same periods. 58% of those episodes were profitable after one year. After 24 months, the average return was +23.5% vs +17.1% for the index.
Each line shows $100 invested at the moment SHEL crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
SHEL has crossed below its 200-week MA 21 times with an average 1-year return of +12.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Feb 1985 | Mar 1985 | 1 | 3.2% | +41.1% | +23347.8% |
| Oct 1985 | Nov 1985 | 1 | 7.8% | +107.3% | +22912.1% |
| Jan 1999 | Feb 1999 | 1 | 3.0% | +38.6% | +677.6% |
| Sep 2001 | Mar 2002 | 24 | 17.6% | -5.1% | +558.0% |
| Apr 2002 | Apr 2002 | 4 | 4.3% | -17.8% | +447.1% |
| Jun 2002 | Jun 2002 | 2 | 3.6% | -1.3% | +457.7% |
| Jul 2002 | Dec 2003 | 74 | 25.3% | -2.7% | +484.0% |
| Jan 2004 | Feb 2004 | 5 | 3.3% | +24.2% | +470.1% |
| Mar 2004 | Mar 2004 | 2 | 3.1% | +41.9% | +469.5% |
| Sep 2008 | Oct 2009 | 58 | 32.7% | -5.3% | +251.0% |
| Oct 2009 | Nov 2009 | 1 | 1.0% | +15.8% | +247.2% |
| Dec 2009 | Dec 2009 | 2 | 2.2% | +16.0% | +243.0% |
| Jan 2010 | Mar 2010 | 10 | 8.8% | +26.5% | +253.1% |
| May 2010 | Sep 2010 | 19 | 13.6% | +39.9% | +269.9% |
| Dec 2014 | Dec 2014 | 1 | 2.0% | -23.8% | +152.6% |
| Jan 2015 | Feb 2015 | 1 | 3.7% | -23.8% | +156.1% |
| Mar 2015 | Apr 2015 | 8 | 9.1% | -15.7% | +154.2% |
| May 2015 | Dec 2016 | 82 | 34.1% | -15.0% | +149.8% |
| Feb 2017 | May 2017 | 11 | 3.3% | +30.7% | +162.0% |
| Jan 2020 | Oct 2021 | 88 | 52.0% | -25.7% | +117.9% |
| Oct 2021 | Jan 2022 | 10 | 7.5% | +25.9% | +129.1% |
| Average | 19 | — | +12.9% | — |
Frequently Asked Questions
Is SHEL below its 200-week moving average?
No. Shell plc (SHEL) is currently 43.4% above its 200-week moving average of $62.06. It would need to fall to $62.06 to cross below the line.
What is SHEL's 200-week moving average price?
Shell plc's 200-week moving average is $62.06 as of 2026-05-01. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when SHEL drops below its 200-week moving average?
SHEL has crossed below its 200-week moving average 21 times in our data. On average, buying at that moment produced a one-year return of +12.9%. These dips have historically been decent entry points. These episodes lasted 19 weeks on average.
Is SHEL a good value right now?
Here's what our data says about SHEL as of 2026-05-01: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 76 (overbought). Free cash flow yield is 9.2%. Return on equity is 10.2%. Price-to-book is 1.5x. This is not a buy or sell recommendation — always do your own research.
How does SHEL compare to the S&P 500?
Over the past 33.3 years, $100 invested in SHEL would have grown to $1926, compared to $2973 for the S&P 500. That's 9.3% annualized vs 10.7% for the index. SHEL has underperformed the broader market over this period.
Does SHEL pay a dividend?
Yes. Shell plc currently pays a dividend yield of 334.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-05-01