SHOALS TECHNOLOGIES GROUP -A (SHLS) Stock Technical Analysis
NASDAQ:SHLS • US82489W1071
9.9 USD
-0.71 (-6.69%)
At close: Feb 23, 2026
10.1 USD
+0.2 (+2.02%)
Pre-Market: 2/24/2026, 6:28:32 AM
We assign a technical rating of 10 out of 10 to SHLS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SHLS is showing a nice and steady performance.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, SHLS did better than 97% of all other stocks. We also observe that the gains produced by SHLS over the past year are nicely spread over this period.
- SHLS is part of the Electrical Equipment industry. There are 91 other stocks in this industry. SHLS outperforms 91% of them.
- SHLS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SHLS is lagging the market slightly.
- SHLS has an average volume of 3959570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month SHLS has a been trading in the 8.92 - 11.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SHLS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 10.76. Right above this resistance zone may be a good entry point.
More info and screens
7.15
10.97
4 important support areas can be observed.
- Support @9.74 from a trend line in the daily time frame.
- Support @8.65 from a horizontal line in the weekly time frame.
- A support zone ranging from 8.43 to 8.49. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @7.22 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 10.76 to 10.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for SHLS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SHLS is neutral. |
| ChartMill Relative Strength | 97.52 | POSITIVE | SHLS has a high relative strength, it outperformed 97.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SHLS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SHLS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SHLS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.26 | NEUTRAL | The RSI value for SHLS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SHLS has a negative trend. |
| Stochastics (14,3) | 53.48 | NEUTRAL | The Stochastics value for SHLS is a neutral value. |
| Average True Range in percent/ATR (20) | 7.67 | HIGH VOLATILITY | The high ATR as a percentage value for SHLS suggests high volalility. |
| Average Directional Index/ADX (14) | 18.25 | NEGATIVE | The low ADX value for SHLS suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.87 | 9.73 | 1.14 (10.49%) | 9.54% |
| An entry @10.87. This is a Buy Stop order right above the resistance zone. | An exit @9.73. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.14 points, which is 10.49%. | When investing 9.54% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of SHLS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
9.9
-0.71 (-6.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-6.69%
1 Week-3.32%
2 Weeks-3.79%
1 Month7.38%
3 Month18%
6 Month52.07%
12 Month226.73%
2 Year-22.84%
3 Year-59.66%
5 Year-69.65%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.79
ATR(20)%7.67%
ATR Inc-1.72%
Range Today0.86
ADR(20)0.73
ADR(20)%7.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.52
3 months CRS87.17
6 months CRS93.23
Mansfield3.82
10 Day High11.16
10 Day Low9.34
20 Day High11.16
20 Day Low8.92
52 Week High11.36
52 Week Low2.71
CS1 End9.74
CR1 Start10.76
Volume & EV
DER(3)1.6%
DER(5)1.58%
Volume6.28M
Volume Incr3.42%
Vol(5)4.25M
Vol(50)3.96M
SHOALS TECHNOLOGIES GROUP -A / SHLS FAQ
Can you provide the ChartMill technical rating for SHOALS TECHNOLOGIES GROUP -A?
ChartMill assigns a technical rating of 10 / 10 to SHLS.
Can you provide the trend direction for SHOALS TECHNOLOGIES GROUP -A?
The current trend direction for SHOALS TECHNOLOGIES GROUP -A (SHLS) is Bullish.
Can you provide the RSI signal for SHOALS TECHNOLOGIES GROUP -A?
SHOALS TECHNOLOGIES GROUP -A (SHLS) has an RSI value of 50.2586. This indicates that the stock is currently neutral.
What is the short term momentum for SHOALS TECHNOLOGIES GROUP -A (SHLS) stock?
The short term momentum for SHOALS TECHNOLOGIES GROUP -A (SHLS) is neutral.