$SHELL | Price vs Bollinger Bands, Daily Chart

On the daily Bollinger Band setup (20, 2), SHELL currently shows an upper band at 0.02904, a middle band at 0.02313, and a lower band at 0.01723.

The last price of 0.02836 sits about 2.34% below the upper band and roughly 22.6% above the middle band.

Bollinger Bands describe price dispersion relative to a moving average and its standard deviation. They are not fixed price targets or reversal signals.

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