Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares) drawdown: 4.5% below the all-time high
Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares) is 4.5% below its all-time high, set Sep 15, 2026 (as of market close, Sep 18, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −4.5%
- 95.5% of ATH
- All-time high
- $98.95
- Sep 15, 2026
- Time below the high
- 3 days
- since Sep 15, 2026
- Worst-ever drawdown
- −75.4%
- Mar 18, 2020
- Longest underwater
- 18.4 yrs
- between all-time highs
- Today's level first reached
- Sep 8, 2026
- 10 days ago
- Last time this deep
- Aug 13, 2026
- in a previous episode
% of all-time high since 1994#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Oct 29, 2007 | Mar 18, 2020 | −75.4% | 12.4 yrs | Mar 12, 2026 | 18.4 yrs |
| Aug 12, 1999 | Mar 12, 2003 | −43.4% | 3.6 yrs | Jul 5, 2005 | 5.9 yrs |
| Apr 6, 1998 | Aug 31, 1998 | −33.3% | 5 mo | May 6, 1999 | 13 mo |
| Oct 7, 1997 | Oct 27, 1997 | −18.7% | 20 days | Apr 6, 1998 | 6 mo |
| Apr 7, 2026 | Jun 26, 2026 | −18.7% | 3 mo | Sep 8, 2026 | 5 mo |
| Jul 12, 2007 | Aug 16, 2007 | −16.6% | 35 days | Oct 18, 2007 | 3 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 1994: how far Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares) stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares) from its all-time high?
- Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares) is currently 4.5% below its all-time high, set Sep 15, 2026 (as of market close, Sep 18, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares) drawdown ever?
- The deepest decline on record in our data (since 1994) took Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares) 75.4% below its prior high, bottoming Mar 18, 2020. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from SHEL; no free deep history exists for Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares) — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.