Bollinger Bands Narrowing on Shell's 15min Chart with KDJ Death Cross

The 15-minute chart for Shell has exhibited narrowing Bollinger Bands, indicating a decrease in the magnitude of stock price fluctuations. Additionally, the KDJ Death Cross signal at 10/02/2025 15:45 suggests a downward momentum in the stock price, which may continue to decline in the future.

Shell, a global energy giant, has announced a significant shift in its strategic focus, with CEO Wael Sawan stating that liquefied natural gas (LNG) will be the main priority for the company in the energy sector over the next decade Key facts: Shell's CEO Wael Sawan stated that liquefied natural gas (LNG) will be the main focus for the company in the energy sector over the next decade, shifting from renewables.^[1]. This shift marks a departure from the company's previous emphasis on renewables. Shell has recently begun production at its Victory gas field in the North Sea, generating 150 million cubic feet of gas daily, enough to heat 900,000 homes annually Key facts: Shell's CEO Wael Sawan stated that liquefied natural gas (LNG) will be the main focus for the company in the energy sector over the next decade, shifting from renewables.^[1]. This move underscores Shell's renewed emphasis on energy security and a positive long-term outlook for fossil fuels.

However, Shell's petrochemical division has faced significant challenges. The company's $14 billion Monaca petrochemical complex in Pennsylvania, initially seen as a transformative investment, has underperformed due to oversupply, low demand, weak operating rates, and declining margins Shell's petrochemical problem in Pennsylvania^[2]. The project has seen its capital investment costs double, timelines slip, and financial performance fall short of expectations. Despite Shell's initial projections of annual EBITDA between $1 billion and $1.5 billion, the plant may only generate between $416 million and $987 million annually Shell's petrochemical problem in Pennsylvania^[2].

The petrochemical division's performance has declined sharply, with revenues falling from $16.9 billion in 2021 to $9.6 billion in 2024, a 43% decrease Shell's petrochemical problem in Pennsylvania^[2]. Shell's share of consolidated revenue from the chemicals division has also contracted, falling from about 6% in 2021 to just 3% in 2024 Shell's petrochemical problem in Pennsylvania^[2]. The Monaca plant now accounts for almost 70% of Shell’s total global polyethylene output, exacerbating the division's underperformance Shell's petrochemical problem in Pennsylvania^[2].

The 15-minute chart for Shell has exhibited narrowing Bollinger Bands, indicating a decrease in stock price fluctuations. Additionally, the KDJ Death Cross signal on October 2, 2025, at 15:45, suggests a downward momentum in the stock price, which may continue to decline .