SHOALS TECHNOLOGIES GROUP -A (SHLS)
US82489W1071 - Common Stock
Overall SHLS gets a technical rating of 1 out of 10. SHLS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, SHLS is a bad performer in the overall market: 94% of all stocks are doing better.
SHLS is one of the lesser performing stocks in the Electrical Equipment industry. 73% of 88 stocks in the same industry do better.
SHLS is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so SHLS is lagging the market.
SHLS has an average volume of 4963710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SHLS has a been trading in the 4.14 - 5.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of SHLS is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
4.11
5.79
We found 1 important support area.
- Support @4.15 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 5.13 to 5.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.42 from a trend line in the daily time frame.
- Resistance @5.54 from a trend line in the weekly time frame.
- A resistance zone ranging from 5.72 to 5.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.79
Mansfield-4.53
10 Day High5.19
10 Day Low4.14
20 Day High5.4
20 Day Low4.14
52 Week High17.5
52 Week Low4.07
Performance
1 Week16.1%
2 Weeks13.02%
1 Month16.36%
3 Month-16.48%
6 Month-21.35%
12 Month-67.51%
2 Year-79.25%
3 Year-78.93%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)55.26
LBB4.17
UBB5.12
SHOALS TECHNOLOGIES GROUP -A
NASDAQ:SHLS (12/20/2024, 8:00:01 PM)
After market: 5.12 0 (0%)5.12
+0.58 (+12.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg12.78%
1 Week16.1%
2 Weeks13.02%
1 Month16.36%
3 Month-16.48%
6 Month-21.35%
12 Month-67.51%
2 Year-79.25%
3 Year-78.93%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%7.01%
ATR Inc45.81%
Range Today0.74
ADR(20)0.33
ADR(20)%6.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.79
Mansfield-4.53
10 Day High5.19
10 Day Low4.14
20 Day High5.4
20 Day Low4.14
52 Week High17.5
52 Week Low4.07
CS1 End4.15
CR1 Start5.13
Volume & EV
DER(3)0.51%
DER(5)-1.21%
Volume10.96M
Volume Incr37.36%
Vol(5)6.48M
Vol(50)4.96M