The Magpies are currently fighting it out with Sunderland and Norwich for survival.
The Magpies are currently 17th in the table with just two games remaining of the campaign.
Last weekend’s win over Crystal Palace took them out of the bottom three, as they pushed rivals Sunderland into the relegation zone.
Crucially though, Sam Allardyce’s side have a game in hand, and with just a point separating the sides, they could move above Newcastle again if they win that game.
Norwich City also have a game in hand, and are just two points behind, but Shepherd has backed his old side to survive by winning their last two games.
“I’m still confident Newcastle can do it [avoid relegation],” he told Sky Sports.
“I think we will get the six points from the next two games and I think Norwich and Sunderland are going to go. When Steve McClaren had to go, it was the right time, fortunately Rafa Benitez has come in and done a great job.”
The race for survival certainly looks likely to go right down to the wire this season given how close each side are at present.
Crucially for Newcastle United though, they have found a way to pick up the wins they need and subsequently move out of the bottom three.
That is something Sunderland have not managed, with them performing well but struggling to pick up the wins, while Norwich City are sliding towards relegation.