Shell reports results on Thursday, 1 November

• The chart shows the price movement last time Shell reported: Q2 Results, 26 July.
• Shares opened -14p (-0.5%; high of day) and went as low as -117.5p (-4.3%).
• The shares closed -98.5p (-3.6%) for a daily range of 103.5p or 3.8%.
• Shares -13.2% from 2018 highs; +12.6% from 2018 lows; -0.8% year-to-date.
• Recent share price range: Oct lows 2380p; Oct highs 2586p. Currently 2487p (at time of writing).
• Shell publishes Q3 Results on Thursday, 1 Nov.
• Will we see another big move?
• Competitor BP’s results (30 Oct) beat expectations and its shares rose almost 5%.
• Source: Bloomberg, FT, Reuters, DJ Newswires

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Trading Shell – An Example

Let’s say you think that Shell results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Shell using CFDs, at the current price of 2486p. To do this, you need £2,000.

For the purpose of this example, let’s assume Shell reports strong results and the shares rise 10%. Your profit would be £1,000, from your initial investment of £2,000.

Conversely, let’s assume you open the position, and place a stop-loss 5% below the current price. Shell results miss, it falls 5% and hits your stop-loss. Your loss would be £500.

This is provided for information purposes only. It should not be taken as a recommendation.