Shoals Technologies Group (SHLS)
NASDAQ:SHLS
US Market

Shoals Technologies Group (SHLS) Technical Analysis

301 Followers

Technical Sentiment

Overall Consensus
Strong Sell
3Bullish
4Neutral
15Bearish
Technical Analysis Consensus
Neutral
3Bullish
4Neutral
3Bearish
Moving Average Consensus
Strong Sell
0Bullish
0Neutral
12Bearish
Shoals Technologies Group’s (SHLS) Moving Averages Convergence Divergence (MACD) indicator is -0.30, suggesting Shoals Technologies Group is a Sell.
Shoals Technologies Group’s (SHLS) 20-Day exponential moving average is 20.64, while Shoals Technologies Group’s (SHLS) share price is $20.24, making it a Sell.
Shoals Technologies Group’s (SHLS) 50-Day exponential moving average is 21.55, while Shoals Technologies Group’s (SHLS) share price is $20.24, making it a Sell.

Shoals Technologies Group (SHLS) Pivot Points

Sep 26, 2023, 11:19 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
19.16
19.58
19.80
20.22
20.44
20.86
21.08
Fibonacci
19.58
19.82
19.97
20.22
20.46
20.61
20.86
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Shoals Technologies Group (SHLS) Moving Averages

Sep 26, 2023, 11:19 AM
Period
Simple
Exponential
MA5
20.31Sell
20.33Sell
MA10
20.80Sell
20.48Sell
MA20
20.48Sell
20.64Sell
MA50
22.14Sell
21.55Sell
MA100
22.99Sell
22.37Sell
MA200
23.57Sell
23.11Sell
Shoals Technologies Group’s (SHLS) 10-Day exponential moving average is 20.48, while Shoals Technologies Group’s (SHLS) share price is $20.24, making it a Sell.
Shoals Technologies Group’s (SHLS) 100-Day exponential moving average is 22.37, while Shoals Technologies Group’s (SHLS) share price is $20.24, making it a Sell.
Shoals Technologies Group’s (SHLS) stock price is $20.24 and Shoals Technologies Group’s (SHLS) 50-day simple moving average is 22.14, creating a Sell signal.
Shoals Technologies Group’s (SHLS) stock price is $20.24 and Shoals Technologies Group’s (SHLS) 100-day simple moving average is 22.99, creating a Sell signal.
Shoals Technologies Group’s (SHLS) stock price is $20.24 and Shoals Technologies Group’s (SHLS) 200-day simple moving average is 23.57, creating a Sell signal.

Shoals Technologies Group (SHLS) Technical Indicators

Sep 26, 2023, 11:19 AM
Name
Value
Implied Action
RSI (14)
44.86
Neutral
STOCH (9,6)
7.29
Buy
STOCHRSI (14)
34.30
Neutral
MACD (12,26)
-0.30
Sell
ADX (14)
14.35
Buy
Williams %R
-62.88
Buy
CCI (14)
-30.48
Neutral
ATR (14)
0.90
-
Ultimate Oscillator
33.09
Neutral
ROC
-0.64
Sell
Shoals Technologies Group’s (SHLS) Relative Strength Index (RSI) is 44.86, creating a Neutral signal.
Shoals Technologies Group’s (SHLS) Trend Strength Indicator (ADX) is 14.35, creating a Buy signal.
Shoals Technologies Group’s (SHLS) Commodity Channel Index (CCI) is -30.48, creating a Neutral signal.
Shoals Technologies Group’s (SHLS) Price Rate of Change (ROC) is -0.64, creating a Sell signal.

FAQ

Is SHLS a Buy, Hold, or Sell?
Based on SHLS’s technical indicators, SHLS is a Strong Sell.
    What is SHLS’s RSI (14)?
    SHLS’s RSI (14) is 44.86, which suggests SHLS is a Neutral.
      What is SHLS’s MACD?
      SHLS’s MACD is -0.30, which suggests SHLS is a Sell.
        What is SHLS’s 5-day moving average?
        SHLS’s 5-day moving average is 20.31, which suggests SHLS is a Sell.
          What is SHLS’s 20-day moving average?
          SHLS 20-day moving average is 20.48, which suggests SHLS is a Sell.
            What is SHLS’s 50-day moving average?
            SHLS’s 50-day moving average is 22.14, which suggests SHLS is a Sell.
              What is SHLS’s 200-day moving average?
              SHLS’s 200-day moving average is 23.57, which suggests SHLS is a Sell.
                What is SHLS’s Williams % R (14)?
                SHLS’s Williams % R (14) is -62.88, which suggests SHLS is a Buy.
                  What is SHLS’s CCI (14)?
                  SHLS’s CCI (14) is -30.48, which suggests SHLS is a Neutral.

                    What's Included in PREMIUM?
                    Make informed decisions based on Top Analysts' activity
                    Know what industry insiders are buying
                    Get actionable alerts from top Wall Street Analysts
                    Find out before anyone else which stock is going to shoot up
                    Get powerful stock screeners & detailed portfolio analysis