Technical Analysis for SHLS - Shoals Technologies Group, Inc.

Grade Last Price % Change Price Change
F 23.23 -9.96% -2.57
SHLS closed down 9.96 percent on Thursday, May 13, 2021, on approximately normal volume. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Down Down
Historical SHLS trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Expansion Breakdown Bearish Swing Setup 0.00%
Lower Bollinger Band Walk Weakness 0.00%
New 52 Week Low Weakness 0.00%
Wide Bands Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish -9.96%
Older End-of-Day Signals for SHLS ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 10% about 7 hours ago
Down 1 ATR about 8 hours ago
Down 5% about 9 hours ago
Down 3% about 10 hours ago
Down 2 % about 10 hours ago
View Earlier Intraday Alerts

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions for solar energy projects in the United States. It offers EBOS components, such as cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, transition enclosures, and splice boxes that carry the electric current produced by solar panels to an inverter and to the power grid. The company sells its products to engineering, procurement, and construction firms that build solar energy projects. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.
Classification

Sector: Technology
Industry: Solar
Keywords: Energy Conversion Photovoltaics Solar Energy Solar Panel Solar Energy Projects

Is SHLS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 44.04
52 Week Low 23.0244
Average Volume 1,688,322
200-Day Moving Average 0.00
50-Day Moving Average 32.65
20-Day Moving Average 31.15
10-Day Moving Average 28.65
Average True Range 2.31
ADX 24.2
+DI 11.07
-DI 36.45
Chandelier Exit (Long, 3 ATRs ) 29.01
Chandelier Exit (Short, 3 ATRs ) 29.95
Upper Bollinger Band 37.49
Lower Bollinger Band 24.81
Percent B (%b) -0.12
BandWidth 40.69
MACD Line -2.04
MACD Signal Line -1.22
MACD Histogram -0.8128
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 28.68
Resistance 3 (R3) 29.22 27.94 27.77
Resistance 2 (R2) 27.94 26.55 27.67 27.47
Resistance 1 (R1) 25.59 25.69 24.95 25.05 27.17
Pivot Point 24.30 24.30 23.98 24.04 24.30
Support 1 (S1) 21.95 22.92 21.31 21.41 19.29
Support 2 (S2) 20.67 22.06 20.40 18.99
Support 3 (S3) 18.31 20.67 18.69
Support 4 (S4) 17.78