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Shoals Technologies Group, Inc.

SHLS Technical Analysis Summary (NASDAQ)

Analyze SHLS on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

SHLS●NASDAQ
EnergySolar
$8.07
$0.73(8.30%)
U.S. Market opens in 15h 55m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SHLS Technical Analysis Summary (NASDAQ)

Shoals Technologies Group, Inc. (NASDAQ: SHLS) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.20)
Trend Strength:Weak (ADX: 15.70)
Volatility:High (ATR: 0.77)
Support/Resistance:$6.49 – $9.54 (Bollinger Bands)

Technical conditions suggest Shoals Technologies Group, Inc. on the NASDAQ is awaiting a decisive move. Overall, Shoals Technologies Group, Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 49.20

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 40.64

Neutral
Mid-range signal with no clear trend.

Williams %R: -67.27

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 6.46

Strongly Bullish
Strong upside momentum.

Takeaway:Shoals Technologies Group, Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.23

Bullish
Bullish, trend momentum is strengthening.

ADX: 15.70

Weak
Weak trend, market trading sideways.

ATR (14): 0.77

Low
Low volatility, stable price action.

CCI (14): 8.12

Neutral
Neutral, no strong directional signal.

Takeaway:Shoals Technologies Group, Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$9.54
Middle Band (SMA 20)
$8.02
Lower Band
$6.49
Current Position
Within Bands

Takeaway:Shoals Technologies Group, Inc. trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$9.80
Middle Line (EMA 20)
$8.26
Lower Channel
$6.71
Squeeze Status
Squeeze On

Takeaway:Shoals Technologies Group, Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume31.88M
Money Flow Index60.50Bullish, inflows support continued momentum.
Relative Vigor Index41.77Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:SHLS shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Shoals Technologies Group, Inc. (NASDAQ: SHLS), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Shoals Technologies Group, Inc. are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: SHLS) Technical Analysis FAQ