• Subscribe
  • Log In
  • Home
  • Daily Diary
  • Asset Class
    • U.S. Equity
    • Fixed Income
    • Global Equity
    • Commodities
    • Currencies
  • Sector
    • Basic Materials
    • Consumer Discretionary
    • Consumer Staples
    • Energy
    • Financial Services
    • Healthcare
    • Industrials
    • Real Estate
    • Technology
    • Telecom Services
    • Transportation
    • Utilities
  • Latest
    • Articles
    • Video
    • Columnist Conversations
    • Best Ideas
    • Stock of the Day
  • Street Notes
  • Authors
    • Bruce Kamich
    • Doug Kass
    • Jim "Rev Shark" DePorre
    • Helene Meisler
    • Jonathan Heller
    • - See All -
  • Options
  • RMPIA
  • Switch Product
    • Action Alerts PLUS
    • Quant Ratings
    • Real Money
    • Real Money Pro
    • Retirement
    • Stocks Under $10
    • TheStreet
    • Top Stocks
    • Trifecta Stocks
  1. Home
  2. / Investing

Better to Duck Royal Dutch; Its Technicals Are Among the Worst in the Big Oil Patch

Technicals are weak, and the stock may have a subdued response to higher oil prices in the weeks ahead.
By BRUCE KAMICH
Oct 14, 2015 | 03:30 PM EDT
Stocks quotes in this article: RDS.A

Continuing our concentrated look at energy names today, we pick up the thread with Royal Dutch Shell (RDS.A).

Like other names in the energy patch, Royal Dutch Shell turned down in the middle of 2014, breaking below the 200-day simple moving average.

Royal Dutch is one of the weaker names we have looked at -- not because of a big point loss or percentage decline, but because the bounces on the way down never got close to the declining 200-day average. And the On-Balance-Volume (OBV) line indicates serious distribution by its downtrend.

In this chart, above, we can see the rapid rebound in prices starting in late September that was able to power Royal Dutch back above its 50-day moving average. Unfortunately, the movement in the OBV line has been anemic and suggests that Royal Dutch may have a subdued response to higher oil prices in the weeks ahead.

Get an email alert each time I write an article for Real Money. Click the "+Follow" next to my byline to this article.

Employees of TheStreet are restricted from trading individual securities.

TAGS: Investing | U.S. Equity

More from Investing

A Few Thoughts on What to Do With ARKK and QQQ

Bob Byrne
Jul 7, 2022 8:30 AM EDT

The latter shows a bit of relative strength, while the former looks to break above resistance.

Cytokinetics Is Showing Its Muscles on the Charts

Bruce Kamich
Jul 7, 2022 8:18 AM EDT

In light of the stock market's weakness, CYTK has shown impressive strength.

The Market Awaits the Next Macroeconomic Catalyst

James "Rev Shark" DePorre
Jul 7, 2022 7:52 AM EDT

Unemployment reports are on deck, and then the next Fed rate hike.

You Bet Your AZZ This Stock Is Ready for a Catchup Move

Paul Price
Jul 7, 2022 7:00 AM EDT

This global metal coating company is under-followed, but not to be ignored.

Market Meanders Into Nowhere

Helene Meisler
Jul 7, 2022 6:00 AM EDT

We're in a chop-fest, and not only are stocks stuck in either/or mode, so are the indicators.

Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation. If you have questions, please contact us here.

Email

CANCEL
SUBMIT

Email sent

Thank you, your email to has been sent successfully.

DONE

Oops!

We're sorry. There was a problem trying to send your email to .
Please contact customer support to let us know.

DONE

Please Join or Log In to Email Our Authors.

Email Real Money's Wall Street Pros for further analysis and insight

Already a Subscriber? Login

Columnist Conversation

  • 12:01 PM EDT PAUL PRICE

    A Recent Director Buy in Children's Place (PLCE)

    Four of the most recent insider trades in Children...
  • 07:34 AM EDT PAUL PRICE

    A $525,000 Vote of Confidence on Macerich (MAC)

  • 09:49 AM EDT JAMES "REV SHARK" DEPORRE

    This Weekend on Real Money

    Stop Wishing, Hoping, and Praying and Take Control...
  • See More

COLUMNIST TWEETS

  • A Twitter List by realmoney
About Privacy Terms of Use

© 1996-2022 TheStreet, Inc., 225 Liberty Street, 27th Floor, New York, NY 10281

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.

Compare Brokers

Please Join or Log In to manage and receive alerts.

Follow Real Money's Wall Street Pros to receive real-time investing alerts

Already a Subscriber? Login