Stock Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
Shell Midstream Partners, L.P. Common Units representing Limited Partner Interests (NYSE:SHLX)
Bull Market Weakness (+75) - SHLX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SHLX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SHLX?
MarketClub looks at technical strength and momentum to determine if the timing is right for SHLX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SHLX
The long-term trend has been DOWN since Jul 19th, 2021 at 13.48
The intermediate-term trend has been UP since Sep 27th, 2021 at 12.27
The short-term trend has been UP since Oct 14th, 2021 at 11.70
Smart Scan Analysis for SHLX
Based on our trend formula, SHLX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||31.19||Year High Date||2018-01-16|
|Year Low||18.3172||Year Low Date||2018-11-20|
|52wk High||16.5||52wk High Date||2021-04-30|
|52wk Low||8.17||52wk Low Date||2020-11-06|
|Average Volume||1,289,995||Shares Outstanding||67,475|