Shell Ends Talks with Unimot for Sale of German Refinery Stake
📊 GOOGL — Piyasa Yorumu
▼ down · 60%GOOGL shares have fallen 2.4% over the past 24 hours to $340.63, with the RSI at 39 indicating weak momentum. The MACD is in negative territory and below its signal line, suggesting that short-term downward pressure may persist. The price is trading below both the 20-day and 50-day moving averages, which paints a bearish technical picture. Although the news headline is not directly related to GOOGL, weakening overall market risk appetite and sell signals in technical indicators support a short-term downtrend. However, the RSI approaching oversold levels warrants attention for a potential rebound buying opportunity.
📊 SHEL — Piyasa Yorumu
▼ down · 60%The news indicates that Shell has terminated negotiations with Unimot regarding the sale of its German refinery stake, which may be perceived as slightly negative in the short term due to the failure to complete a strategic divestment. Technical indicators also point to weakness: RSI at 33 is near oversold territory, MACD is below the signal line, and the price is below both the 20-day and 50-day moving averages. A 2.6% decline over the last 24 hours confirms the current negative momentum. However, given oversold conditions and the limited impact of the news, a deeper decline is not expected; consolidation or a slight rebound is more likely in the short term. Investors should monitor the support zone at $90; a break below this level could increase selling pressure.