SHOALS TECHNOLOGIES GROUP -A (SHLS) Technical Analysis
NASDAQ:SHLS • US82489W1071
Current stock price
SHLS Technical Rating and Analysis
Taking everything into account, SHLS scores 3 out of 10 in our technical rating. Although SHLS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month SHLS has a been trading in the 5.43 - 10.70 range, which is quite wide. It is currently trading near the lows of this range.
- SHLS has an average volume of 5109380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that SHLS is one of the better performing stocks in the market, outperforming 85% of all stocks. However, SHLS's most recent performance is quite weak.
- SHLS is an average performer in the Electrical Equipment industry, it outperforms 64% of 91 stocks in the same industry.
- SHLS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SHLS is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
SHLS Weekly and Daily overview Charts
SHLS Setup Rating and Analysis
The technical rating of SHLS is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
SHLS Support and Resistance Analysis
5.64
We found 1 important support area.
- A support zone ranging from 5.70 to 5.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @6.28 from a horizontal line in the daily time frame.
- A resistance zone ranging from 10.75 to 10.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
SHLS Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for SHLS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SHLS is down. |
| ChartMill Relative Strength | 85.26 | POSITIVE | SHLS has a high relative strength, it outperformed 85.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SHLS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SHLS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SHLS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.71 | NEUTRAL | The RSI value for SHLS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests SHLS has a positive trend. |
| Stochastics (14,3) | 50.68 | NEUTRAL | The Stochastics value for SHLS is a neutral value. |
| Average True Range in percent/ATR (20) | 10.26 | HIGH VOLATILITY | The high ATR as a percentage value for SHLS suggests high volalility. |
| Average Directional Index/ADX (14) | 31.72 | POSITIVE | The high ADX value value for SHLS suggests a strong trend. |
SHLS Chart- and CandleStick Pattern Analysis
SHLS Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:SHLS (3/20/2026, 12:31:06 PM)
6.075
+0.04 (+0.58%)
SHOALS TECHNOLOGIES GROUP -A / SHLS TA FAQ
Can you provide the ChartMill technical rating for SHOALS TECHNOLOGIES GROUP -A?
ChartMill assigns a technical rating of 3 / 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 Bearish.
Can you provide the RSI signal for SHOALS TECHNOLOGIES GROUP -A?
SHOALS TECHNOLOGIES GROUP -A (SHLS) has an RSI value of 34.7079. 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 negative.
Can you provide the buy/sell signal for SHOALS TECHNOLOGIES GROUP -A?
The buy/sell signal for SHOALS TECHNOLOGIES GROUP -A (SHLS) is sell as both the short term and long term trends are negative.