Technical Analysis for SHLS - Shoals Technologies Group, Inc.
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| F | 6.11 | -2.08% | -0.13 |
SHLS closed down 2.08 percent on Monday, July 1, 2024, 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) -- so don't be surprised if it goes sideways or bounces.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Down | Down | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| New 52 Week Closing Low | Bearish | 0.00% | |
| New 52 Week Low | Weakness | 0.00% | |
| Oversold Stochastic | Weakness | 0.00% | |
| New 52 Week Closing Low | Bearish | -2.08% | |
| Outside Day | Range Expansion | -2.08% | |
| Oversold Stochastic | Weakness | -2.08% | |
| Slingshot Bearish | Bearish Swing Setup | -5.71% | |
| Stochastic Buy Signal | Bullish | -5.71% | |
| Oversold Stochastic | Weakness | -5.71% | |
| New 52 Week Closing Low | Bearish | -2.71% |
| Alert | Time |
|---|---|
| Down 3% | about 9 hours ago |
| Fell Below Lower Bollinger Band | about 9 hours ago |
| 60 Minute Opening Range Breakdown | about 9 hours ago |
| Fell Below Previous Day's Low | about 11 hours ago |
| Down 2 % | about 11 hours ago |
Get a Trading Assistant
Let us help you stay on top of your investments. We will alert you to important technical developments on your
portfolio & watchlist.
Configure default chart indicators
Basic chart:
- Earnings date: 07/30/2024
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.
Sector: Technology
Industry: Solar
Keywords: Energy Conversion Photovoltaics Solar Energy Solar Panel Solar Energy Projects
Classification
Sector: Technology
Industry: Solar
Keywords: Energy Conversion Photovoltaics Solar Energy Solar Panel Solar Energy Projects
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 28.34 |
| 52 Week Low | 6.01 |
| Average Volume | 6,120,861 |
| 200-Day Moving Average | 12.71 |
| 50-Day Moving Average | 7.43 |
| 20-Day Moving Average | 6.73 |
| 10-Day Moving Average | 6.45 |
| Average True Range | 0.45 |
| RSI (14) | 35.48 |
| ADX | 12.96 |
| +DI | 19.24 |
| -DI | 25.69 |
| Chandelier Exit (Long, 3 ATRs) | 7.18 |
| Chandelier Exit (Short, 3 ATRs) | 7.35 |
| Upper Bollinger Bands | 7.46 |
| Lower Bollinger Band | 5.99 |
| Percent B (%b) | 0.08 |
| BandWidth | 21.74 |
| MACD Line | -0.39 |
| MACD Signal Line | -0.38 |
| MACD Histogram | -0.011 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 6.70 | ||||
| Resistance 3 (R3) | 6.73 | 6.56 | 6.60 | ||
| Resistance 2 (R2) | 6.56 | 6.41 | 6.55 | 6.56 | |
| Resistance 1 (R1) | 6.34 | 6.32 | 6.26 | 6.31 | 6.53 |
| Pivot Point | 6.17 | 6.17 | 6.13 | 6.16 | 6.17 |
| Support 1 (S1) | 5.95 | 6.02 | 5.87 | 5.92 | 5.69 |
| Support 2 (S2) | 5.78 | 5.93 | 5.77 | 5.66 | |
| Support 3 (S3) | 5.56 | 5.78 | 5.62 | ||
| Support 4 (S4) | 5.53 |
