Shoals Technologies Group (SHLS)
NASDAQ:SHLS
US Market

Shoals Technologies Group (SHLS) Technical Analysis

544 Followers

Technical Sentiment

Overall Consensus
Neutral
9Bullish
3Neutral
10Bearish
Technical Analysis Consensus
Sell
3Bullish
3Neutral
4Bearish
Moving Average Consensus
Neutral
6Bullish
0Neutral
6Bearish
Shoals Technologies Group’s (SHLS) Moving Averages Convergence Divergence (MACD) indicator is -0.23, suggesting Shoals Technologies Group is a Sell.
Shoals Technologies Group’s (SHLS) 20-Day exponential moving average is 6.49, while Shoals Technologies Group’s (SHLS) share price is $6.8, making it a Buy.
Shoals Technologies Group’s (SHLS) 50-Day exponential moving average is 7.31, while Shoals Technologies Group’s (SHLS) share price is $6.8, making it a Sell.

Shoals Technologies Group (SHLS) Pivot Points

Jul 28, 2024, 09:38 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
5.82
6.05
6.23
6.45
6.63
6.86
7.04
Fibonacci
6.05
6.20
6.30
6.45
6.61
6.70
6.86
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

Jul 28, 2024, 09:38 AM
Period
Simple
Exponential
MA5
6.38Buy
6.46Buy
MA10
6.22Buy
6.37Buy
MA20
6.38Buy
6.49Buy
MA50
7.07Sell
7.31Sell
MA100
9.23Sell
9.06Sell
MA200
12.14Sell
12.38Sell
Shoals Technologies Group’s (SHLS) 10-Day exponential moving average is 6.37, while Shoals Technologies Group’s (SHLS) share price is $6.8, making it a Buy.
Shoals Technologies Group’s (SHLS) 100-Day exponential moving average is 9.06, while Shoals Technologies Group’s (SHLS) share price is $6.8, making it a Sell.
Shoals Technologies Group’s (SHLS) stock price is $6.8 and Shoals Technologies Group’s (SHLS) 50-day simple moving average is 7.07, creating a Sell signal.
Shoals Technologies Group’s (SHLS) stock price is $6.8 and Shoals Technologies Group’s (SHLS) 100-day simple moving average is 9.23, creating a Sell signal.
Shoals Technologies Group’s (SHLS) stock price is $6.8 and Shoals Technologies Group’s (SHLS) 200-day simple moving average is 12.14, creating a Sell signal.

Shoals Technologies Group (SHLS) Technical Indicators

Jul 28, 2024, 09:38 AM
Name
Value
Implied Action
RSI (14)
54.80
Neutral
STOCH (9,6)
80.01
Sell
STOCHRSI (14)
73.03
Neutral
MACD (12,26)
-0.23
Sell
ADX (14)
13.92
Buy
Williams %R
-4.84
Sell
CCI (14)
113.53
Sell
ATR (14)
0.42
-
Ultimate Oscillator
59.85
Neutral
ROC
5.53
Buy
Shoals Technologies Group’s (SHLS) Relative Strength Index (RSI) is 54.80, creating a Neutral signal.
Shoals Technologies Group’s (SHLS) Trend Strength Indicator (ADX) is 13.92, creating a Buy signal.
Shoals Technologies Group’s (SHLS) Commodity Channel Index (CCI) is 113.53, creating a Sell signal.
Shoals Technologies Group’s (SHLS) Price Rate of Change (ROC) is 5.53, creating a Buy signal.

FAQ

Is SHLS a Buy, Hold, or Sell?
Based on SHLS’s technical indicators, SHLS is a Hold.
    What is SHLS’s RSI (14)?
    SHLS’s RSI (14) is 54.80, which suggests SHLS is a Neutral.
      What is SHLS’s MACD?
      SHLS’s MACD is -0.23, which suggests SHLS is a Sell.
        What is SHLS’s 5-day moving average?
        SHLS’s 5-day moving average is 6.38, which suggests SHLS is a Buy.
          What is SHLS’s 20-day moving average?
          SHLS 20-day moving average is 6.38, which suggests SHLS is a Buy.
            What is SHLS’s 50-day moving average?
            SHLS’s 50-day moving average is 7.07, which suggests SHLS is a Sell.
              What is SHLS’s 200-day moving average?
              SHLS’s 200-day moving average is 12.14, which suggests SHLS is a Sell.
                What is SHLS’s Williams % R (14)?
                SHLS’s Williams % R (14) is -4.84, which suggests SHLS is a Sell.
                  What is SHLS’s CCI (14)?
                  SHLS’s CCI (14) is 113.53, which suggests SHLS is a Sell.
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