Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. SHLS has several positive signals and is within a rising trend, so we believe it will perform strongly in the next couple of days or weeks. We therefore hold a positive evaluation of this stock. Our analysis conclusion for this stock is a Strong Buy candidate.
SHLS stock price ended at $4.41 on Tuesday, after rising17.29%
The Shoals Technologies Group Inc stock price increased by 17.29% on the last trading day (06 May 2025), rising from 4.29 to 4.41. Throughout the last trading session, the stock experienced a fluctuation of 16.00% , ranging from a day low of $4 to a day high of 4.64. The price has declined in 3 of the last 10 days, resulting in a total change of 31.64% during this period. On the last day, trading volume decrease by 8.67M shares, with the rising prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 15.87M shares were traded, amounting to approximately 69.78M.
SHLS Technical Signals
SHLS(Shoals Technologies Group Inc Corp) has 5 buy signals and 5 sell signals now. The current trend is uptrend starting from 2025-04-21. The total price change during this trend is +35.69%. Recently, the price has increased significantly with an increase in volume, indicating a strong bullish signal. The average turnover of SHLS over the last 5 trading days is 33.78M. Overall, the technical indicator signals lean more toward a Neutral outlook in the mid-term.
SHLS Moving Average Analysis
Shoals Technologies Group Inc's overall moving average trend leans more bullish as of Wednesday, May 7, 2025, with 1 negative signals and 3 positive signal. In the mid-term, the SMA_20 being above the SMA_60 signals a strong bullish trend. There will be some resistance from the lines at $4.72784, and $5.255. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $3.02216, and $2.495. A break-down below any of these levels will issue sell signals.
SHLS Short Selling Analysis
The short sale ratio of Shoals Technologies Group Inc(SHLS) as of 05 May 2025 is 37.96%, rising from last trading day. With increasing price from 3.84 to 3.76. The short sell activity indicate that short sellers may be anticipating further declines.
Technical Signal
Technical Signals Summary
Neutral
Sell
5
Buy
5
Moving Average
Swing
Positive
Stock Price Above SMA_5
Short Term
Positive
SMA_5 Above SMA_20
Mid Term
Positive
SMA_20 Above SMA_60
Long Term
Negative
SMA_60 Below SMA_200
Short Selling
Close Price
Short Sale Ratio
Short Sale Volume
5 Bullish Signals
5 Bullish Signals
When Value satisfies Signal, Indicator signals Bullish
Indicators
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
0.427
Bullish
Momentum (10 days)
MOM_10 > 0
1.06
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
0.155
Bullish
Closing price
close > fibonacci_R1
4.41
Bullish
Moving Average
20-day SMA crosses above 60-day SMA
--
Bullish
5 Bearish Signals
5 Bearish Signals
When Value satisfies Signal, Indicator signals Bearish
Indicators
Signal
Value
Meaning
Relative Strength Index (14 days)
RSI_14 > 70
70.535
Bearish
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 > 80
90.667
Bearish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 > 100
253.062
Bearish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 > 80
90.561
Bearish
Williams %R (14 days)
WILLR_14 > -20
-13.372
Bearish
SHLS Price Prediction & Forecast by Similar Chart Analysis
Based on historical patterns and backtesting of stocks with similar movements to Shoals Technologies Group Inc(SHLS), our algorithm predicts SHLS's 1-month price at $4.01, with an 4.32%upwardshift. Using a similarity score up to 92.22%and other factors, This forecast updates weekly, adjusting for significant deviations.
Similar Chart
The price prediction chart for Shoals Technologies Group Inc (SHLS.O) stock, as of Sunday, May 4, 2025 , forecasts a 4.32% change over the next month, based on its high correlation with ZION.O stock patterns. The similarity between their price movements over the analyzed periods is 92.22%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.
SHLS
Future prediction
Up: 4.32%
ZION
Up: 4.32%Similarity: 92.22%
Name
Similarity
Up/Down
ZION.O
92.22%
+4.32%
RGS.N
91.36%
+8.09%
VUZI.O
91.34%
-35.71%
PRTH.O
91.30%
+12.30%
IMMP.O
91.27%
+59.36%
KLG.N
90.88%
-15.74%
AGO.N
90.58%
+10.38%
WILC.O
90.33%
+3.24%
MLCO.O
90.30%
+9.89%
ARKR.O
90.20%
+6.49%
SHLS Seasonality Analysis
Based on SHLS's historical stock price data across all years, the probability of a positive return in May is60.00%, suggesting it maybe an ideal month to invest in SHLS. In contrast,Juneoffers the highest probability of positive returns at75.00%, making it a potentially strong month for investment.
However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.
Monthly Seasonality
The radar chart shows that buying Shoals Technologies Group Inc (SHLS.O) stock in June has the highest probability of a positive return (75.00%), while February has the lowest probability (0.00%).
Performance Seasonality
The chart shows Shoals Technologies Group Inc. (SHLS)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.
Should I buy Shoals Technologies Group Inc (SHLS.O) stock?
Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. SHLS has several positive signals and is within a rising trend, so we believe it will perform strongly in the next couple of days or weeks. We therefore hold a positive evaluation of this stock. Our analysis conclusion for this stock is a Strong Buy candidate.
Which months have the highest win rate for buying Shoals Technologies Group Inc (SHLS.O) stock in a year?
The radar chart shows that buying Shoals Technologies Group Inc (SHLS.O) stock in June has the highest probability of a positive return (75.00%), while February has the lowest probability (0.00%).
How has Shoals Technologies Group Inc. (SHLS)'s stock price performed over the past three years?
SHLS's stock price fell by -35.09% in 2023,decreased by -63.55% in 2024, and went down by 27.11% in 2025.
Which bull technical signals does SHLS have?
Bullish technical signals of SHLS include: AO_5_34 > 0, MOM_10 > 0, MACD_12_26_9 > 0, close > fibonacci_R1, 20-day SMA crosses above 60-day SMA.
Is SHLS a buy based on overall technical signals summary?
SHLS has 5 buy signals and 5 sell signals now. Overall the technical rating for SHLS is Neutral . Note that market conditions change all the time. In addition to technical ratings, keep an eye on the Valuation Level of SHLS.
What is the trend of Shoals Technologies Group Inc (SHLS)'s moving average?
Shoals Technologies Group Inc's overall moving average trend leans more bullish as of May 07 2025, with 1 negative signals and 3 positive signal.
What is price prediction for SHLS stock next month?
The price prediction chart for Shoals Technologies Group Inc (SHLS.O) stock, as of May 04 2025, forecasts a 4.32% change over the next month, based on its high correlation with ZION stock patterns. The similarity between their price movements over the analyzed periods is 92.22%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.
What is price prediction 2025 for SHLS Stock?
The price prediction for SHLS stock in 2025 is expected to range between **$3.82 and $4.27**, driven by its partnership with First Solar and positive technical indicators. However, there are risks if support levels are breached.
What is price prediction 2030 for SHLS Stock?
### **Price Prediction for SHLS Stock by 2030**
SHLS stock is predicted to reach **$12.50 by 2030**, driven by strong demand for renewable energy solutions and its leadership in electrical balance of systems (EBOS). The stock is currently undervalued with a forward P/E of 10.23, suggesting long-term growth potential.