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Stock Trend Analysis Report

Prepared for you on Monday, December 2, 2024.

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
5.210 5.350 5.000 5.215 -0.045
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 up The short-term trend has been UP since Nov 21st, 2024 at 4.575

Smart Scan Analysis for SHLS

Based on our trend formula, SHLS is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SHLS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.210 5.350 5.000 5.215 -0.045
Prev. Close Volume Bid Ask Time
5.220 2661617 2024-11-29 12:59:26
52wk High17.49552wk High Date2024-02-12
52wk Low4.0752wk Low Date2024-11-20
Average Volume6,149,863Shares Outstanding170,608
Assets801,301,000MLiabilities256,105,000M
P/E Ratio37.5714
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