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Shoals Technologies Group, Inc.

SHLS•NASDAQ
Energy
Solar
$10.11
$-0.08(-0.83%)
U.S. Market is Open • 13:25

Shoals Technologies Group, Inc. (SHLS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Shoals Technologies Group, Inc. (NASDAQ:SHLS).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SHLS Technical Analysis Summary

Shoals Technologies Group, Inc. stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 58.48)
Trend Strength:Moderate (ADX: 21.07)
Volatility:High (ATR: 0.72)
Support/Resistance:$9.06 – $10.91 (Bollinger Bands)

This mix signals that Shoals Technologies Group, Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 58.48

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 69.19

Bullish
Buying momentum building without extremes.

Williams %R: -26.07

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 12.39

Strongly Bullish
Strong upside momentum.

Takeaway:Shoals Technologies Group, Inc. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.34

Bullish
Bullish, trend momentum is strengthening.

ADX: 21.07

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.72

Low
Low volatility, stable price action.

CCI (14): 69.28

Bullish
Bullish, momentum building upward.

Takeaway:Shoals Technologies Group, Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$10.91
Middle Band (SMA 20)
$9.99
Lower Band
$9.06
Current Position
Within Bands

Takeaway:Shoals Technologies Group, Inc. trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$11.46
Middle Line (EMA 20)
$10.02
Lower Channel
$8.57
Squeeze Status
Squeeze On

Takeaway:Shoals Technologies Group, Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume13.46M
Money Flow Index60.34Bullish, inflows support continued momentum.
Relative Vigor Index57.73Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:SHLS shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Shoals Technologies Group, Inc., here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Shoals Technologies Group, Inc. are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ