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Stock Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

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

Weak Downtrend (-65) - SHLS is showing signs of a strengthening downtrend. Monitor SHLS as it may be building momentum to the downside.

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
27.360 27.450 26.900 27.345 -1.005
Entry Signal

MarketClub’s Trade Triangles for SHLS

long term up The long-term trend has been UP since Jul 6th, 2021 at 36.230

intermediate term down The intermediate-term trend has been DOWN since Sep 24th, 2021 at 29.575

short term down The short-term trend has been DOWN since Oct 18th, 2021 at 28.190

Smart Scan Analysis for SHLS

Based on our trend formula, SHLS is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SHLS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.360 27.450 26.900 27.345 -1.005
Prev. Close Volume Bid Ask Time
28.350 130629 2021-10-20 09:59:14
52wk High44.0452wk High Date2021-02-22
52wk Low20.9452wk Low Date2021-05-17
Average Volume1,355,428Shares Outstanding166,612
Assets273,716,000MLiabilities288,613,000M
P/E Ratio135
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