Shell's 15min Chart Triggers Bollinger Bands Narrowing, Bearish Marubozu Alert

Tuesday, Sep 23, 2025 1:48 pm ET1min read

According to the 15-minute chart for Shell, the Bollinger Bands are currently narrowing and a bearish Marubozu pattern was observed on September 23, 2025 at 13:45. This suggests a decrease in the magnitude of stock price fluctuations, indicating that sellers are in control of the market and bearish momentum is likely to persist.

Australia's energy sector is in the midst of a significant policy review, with major players like Santos Ltd., Shell Plc, and Woodside Energy Group Ltd. supporting a domestic gas reservation policy to address a potential local supply crunch. The review aims to balance the nation's lucrative LNG exports with domestic supply needs, particularly in southeastern population centers Santos, Shell, Woodside Signal Support for Australian Domestic Gas Reservation[1].

On the financial front, Shell's stock price has shown notable indicators of bearish momentum. According to the 15-minute chart for Shell, the Bollinger Bands are currently narrowing, suggesting a decrease in the magnitude of stock price fluctuations. Additionally, a bearish Marubozu pattern was observed on September 23, 2025, at 13:45. This pattern, characterized by a single candle with no wicks, indicates that sellers are in control of the market and that bearish momentum is likely to persist Santos, Shell, Woodside Signal Support for Australian Domestic Gas Reservation[1].

The narrowing of Bollinger Bands and the presence of a bearish Marubozu pattern suggest that Shell's stock price may continue to experience downward pressure. This trend is particularly notable given the broader context of the Australian gas market review and the potential impact on Shell's operations and earnings.

Investors should closely monitor Shell's stock price and the ongoing policy review to gauge potential risks and opportunities. The final report from the gas market review is due to be delivered by year-end, which may provide additional insights into the future of Shell's operations and the broader energy sector in Australia.

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