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Shoals Technologies Group (SHLS)
NASDAQ:SHLS
US Market

Shoals Technologies Group (SHLS) Technical Analysis

506 Followers

Technical Sentiment

Overall Consensus
Neutral
8Bullish
5Neutral
9Bearish
Technical Analysis Consensus
Sell
2Bullish
5Neutral
3Bearish
Moving Average Consensus
Neutral
6Bullish
0Neutral
6Bearish
Shoals Technologies Group’s (SHLS) Moving Averages Convergence Divergence (MACD) indicator is -0.37, suggesting Shoals Technologies Group is a Sell.
Shoals Technologies Group’s (SHLS) 20-Day exponential moving average is 7.79, while Shoals Technologies Group’s (SHLS) share price is $8.17, making it a Buy.
Shoals Technologies Group’s (SHLS) 50-Day exponential moving average is 9.07, while Shoals Technologies Group’s (SHLS) share price is $8.17, making it a Sell.

Shoals Technologies Group (SHLS) Pivot Points

May 31, 2024, 01:01 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
7.18
7.55
7.75
8.11
8.31
8.68
8.88
Fibonacci
7.55
7.76
7.90
8.11
8.33
8.46
8.68
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

May 31, 2024, 01:01 AM
Period
Simple
Exponential
MA5
7.91Buy
7.87Buy
MA10
7.30Buy
7.65Buy
MA20
7.66Buy
7.79Buy
MA50
9.06Sell
9.07Sell
MA100
11.53Sell
11.05Sell
MA200
14.18Sell
14.45Sell
Shoals Technologies Group’s (SHLS) 10-Day exponential moving average is 7.65, while Shoals Technologies Group’s (SHLS) share price is $8.17, making it a Buy.
Shoals Technologies Group’s (SHLS) 100-Day exponential moving average is 11.05, while Shoals Technologies Group’s (SHLS) share price is $8.17, making it a Sell.
Shoals Technologies Group’s (SHLS) stock price is $8.17 and Shoals Technologies Group’s (SHLS) 50-day simple moving average is 9.06, creating a Sell signal.
Shoals Technologies Group’s (SHLS) stock price is $8.17 and Shoals Technologies Group’s (SHLS) 100-day simple moving average is 11.53, creating a Sell signal.
Shoals Technologies Group’s (SHLS) stock price is $8.17 and Shoals Technologies Group’s (SHLS) 200-day simple moving average is 14.18, creating a Sell signal.

Shoals Technologies Group (SHLS) Technical Indicators

May 31, 2024, 01:01 AM
Name
Value
Implied Action
RSI (14)
53.19
Neutral
STOCH (9,6)
87.83
Sell
STOCHRSI (14)
78.36
Neutral
MACD (12,26)
-0.37
Sell
ADX (14)
24.04
Neutral
Williams %R
-8.45
Sell
CCI (14)
43.81
Neutral
ATR (14)
0.56
-
Ultimate Oscillator
59.53
Neutral
ROC
10.39
Buy
Shoals Technologies Group’s (SHLS) Relative Strength Index (RSI) is 53.19, creating a Neutral signal.
Shoals Technologies Group’s (SHLS) Trend Strength Indicator (ADX) is 24.04, creating a Neutral signal.
Shoals Technologies Group’s (SHLS) Commodity Channel Index (CCI) is 43.81, creating a Neutral signal.
Shoals Technologies Group’s (SHLS) Price Rate of Change (ROC) is 10.39, 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 53.19, which suggests SHLS is a Neutral.
      What is SHLS’s MACD?
      SHLS’s MACD is -0.37, which suggests SHLS is a Sell.
        What is SHLS’s 5-day moving average?
        SHLS’s 5-day moving average is 7.91, which suggests SHLS is a Buy.
          What is SHLS’s 20-day moving average?
          SHLS 20-day moving average is 7.66, which suggests SHLS is a Buy.
            What is SHLS’s 50-day moving average?
            SHLS’s 50-day moving average is 9.06, which suggests SHLS is a Sell.
              What is SHLS’s 200-day moving average?
              SHLS’s 200-day moving average is 14.18, which suggests SHLS is a Sell.
                What is SHLS’s Williams % R (14)?
                SHLS’s Williams % R (14) is -8.45, which suggests SHLS is a Sell.
                  What is SHLS’s CCI (14)?
                  SHLS’s CCI (14) is 43.81, which suggests SHLS is a Neutral.
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