Stock Trend Analysis Report
Prepared for you on Friday, June 9, 2023.
Shoals Technologies Group, Inc. - Class A (NASDAQ:SHLS)
Crossroads (+60) - SHLS is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for SHLS
The long-term trend has been DOWN since Mar 10th, 2023 at 22.370
The intermediate-term trend has been UP since May 9th, 2023 at 23.825
The short-term trend has been UP since Jun 1st, 2023 at 24.390
Smart Scan Analysis for SHLS
Based on our trend formula, SHLS is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||32.43||52wk High Date||2022-11-21|
|52wk Low||13.92||52wk Low Date||2022-07-15|
|Average Volume||2,344,436||Shares Outstanding||201,240|