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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Shoals Technologies Group, Inc. - Class A (NASDAQ:SHLS)

Strong Downtrend (-100) - SHLS is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHLS continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SHLS?

MarketClub looks at technical strength and momentum to determine if the timing is right for SHLS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_SHLS
Open High Low SHLS Price Change
4.200 4.360 4.140 4.145 -0.115
Entry Signal

MarketClub’s Trade Triangles for SHLS

long term down The long-term trend has been DOWN since Mar 5th, 2024 at 12.600

intermediate term down The intermediate-term trend has been DOWN since Nov 12th, 2024 at 4.860

short term down The short-term trend has been DOWN since Nov 6th, 2024 at 5.345

Smart Scan Analysis for SHLS

Based on our trend formula, SHLS is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SHLS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.200 4.360 4.140 4.145 -0.115
Prev. Close Volume Bid Ask Time
4.150 4191788 2024-11-19 15:59:31
52wk High17.49552wk High Date2024-02-12
52wk Low4.2252wk Low Date2024-11-18
Average Volume5,240,975Shares Outstanding170,608
Assets801,301,000MLiabilities256,105,000M
P/E Ratio30.4286
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