Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, April 19, 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
8.15 8.38 8.06 8.25 +0.04
Entry Signal

MarketClub’s Trade Triangles for SHLS

long term down The long-term trend has been DOWN since Mar 5th, 2024 at 12.60

intermediate term down The intermediate-term trend has been DOWN since Feb 29th, 2024 at 13.47

short term down The short-term trend has been DOWN since Mar 25th, 2024 at 11.73

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
8.15 8.38 8.06 8.25 +0.04
Prev. Close Volume Bid Ask Time
8.21 1483355 2024-04-19 14:41:29
52wk High28.3452wk High Date2023-07-18
52wk Low8.1152wk Low Date2024-04-18
Average Volume4,420,265Shares Outstanding201,749
Assets843,993,000MLiabilities298,997,000M
P/E Ratio34.2083
Get a free daily analysis and signals for Shoals Technologies Group, Inc. - Class A (SHLS) - Request Your Free Report.