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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
$7.77
$0.35(4.72%)
U.S. Market opens in 6h 30m

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 Bullish (RSI: 52.97)
Trend Strength:Weak (ADX: 13.10)
Volatility:High (ATR: 0.47)
Support/Resistance:$6.56 – $8.09 (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): 52.97

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 55.23

Neutral
Mid-range signal with no clear trend.

Williams %R: -30.39

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 10.13

Strongly Bullish
Strong upside momentum.

Takeaway:Shoals Technologies Group, Inc. shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.04

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 13.10

Weak
Weak trend, market trading sideways.

ATR (14): 0.47

Low
Low volatility, stable price action.

CCI (14): 64.74

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$8.09
Middle Band (SMA 20)
$7.32
Lower Band
$6.56
Current Position
Within Bands

Takeaway:Shoals Technologies Group, Inc. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$8.45
Middle Line (EMA 20)
$7.51
Lower Channel
$6.58
Squeeze Status
Squeeze On

Takeaway:Shoals Technologies Group, Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-47.02M
Money Flow Index58.98Neutral, balanced money flows with no clear signal.
Relative Vigor Index53.43Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:SHLS shows bullish money flow, with volume and vigor supporting buyers.

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

RSI above 50 → positive momentum from buyers.

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

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

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Shoals Technologies Group, Inc. shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

(NASDAQ: SHLS) Technical Analysis FAQ