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Stock Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

Shoals Technologies Group, Inc. (NASDAQ:SHLS)

Sidelines Mode (-55) - SHLS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

Open High Low SHLS Price Change
36.3000 36.7764 33.0300 34.0222 -2.2778
Entry Signal

MarketClub’s Trade Triangles for SHLS

long term up The long-term trend has been UP since Feb 1st, 2021 at 34.75

intermediate term down The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 34.26

short term up The short-term trend has been UP since Mar 2nd, 2021 at 37.44

Smart Scan Analysis for SHLS

Based on our trend formula, SHLS is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for SHLS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
36.3000 36.7764 33.0300 34.0222 -2.2778
Prev. Close Volume Bid Ask Time
36.3000 1060341 2021-03-03 15:59:30
52wk High44.0452wk High Date2021-02-22
52wk Low30.0452wk Low Date2021-01-27
Average Volume2,324,620Shares Outstanding166,939
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