SHLS Stock Price Prediction

Shoals Technologies Group Inc

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4.590

+0.020(+0.440%)

Overview
Forecast
Valuation
Earnings

Should I Buy Shoals Technologies Group Inc 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.

SHLS stock price ended at $4.59 on Friday, after rising 0.44%

The Shoals Technologies Group Inc stock price increased by 0.44% on the last trading day (23 May 2025), rising from 4.47 to 4.59. Throughout the last trading session, the stock experienced a fluctuation of 3.80% , ranging from a day low of $4.47 to a day high of 4.64. The price has declined in 4 of the last 10 days, resulting in a total change of -9.82% during this period. On the last day, trading volume increase by -5.13M shares, with the rising prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 4.22M shares were traded, amounting to approximately 19.32M.

SHLS Technical Signals

SHLS(Shoals Technologies Group Inc Corp) has 3 buy signals and 3 sell signals now. The current trend is downtrend starting from 2025-05-13. The total price change during this trend is -23.88%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of SHLS over the last 5 trading days is 29.43M. 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 bearish as of Saturday, May 24, 2025, with 2 negative signals and 2 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 $6.733276666666667, and $7.743666666666668. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $3.4640566666666675, and $2.4536666666666673. 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 16 May 2025 is 22.14%, dropping from last trading day. With decreasing price from 4.58 to 4.86. The short sell activity indicate that short sellers may be experiencing short cover.

Technical Signal

Technical Signals Summary

Neutral

Sell

Buy

Moving Average

Swing

Negative

Stock Price Below 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

3 Bullish Signals

When Value satisfies Signal, Indicator signals Bullish

Indicators

Signal

Value

Meaning

Awesome Oscillator (5, 34)

AO_5_34 > 0

0.554

Bullish

Moving Average Convergence Divergence (12, 26, 9)

MACD_12_26_9 > 0

0.291

Bullish

Stochastic RSI %K (14, 14, 3, 3)

STOCHRSIk_14_14_3_3 < 20

1.053

Bullish

3 Bearish Signals

When Value satisfies Signal, Indicator signals Bearish

Indicators

Signal

Value

Meaning

Momentum (10 days)

MOM_10 < 0

-0.5

Bearish

Moving Average

Price crosses below 20-day SMA

Bearish

Moving Average

5-day SMA crosses below 200-day SMA

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 $5.16, with an 6.28%upwardshift. Using a similarity score up to 97.98%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 18, 2025 , forecasts a 6.28% change over the next month, based on its high correlation with LQDA.O stock patterns. The similarity between their price movements over the analyzed periods is 97.98%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.

SHLS

Future prediction

Up: 6.28%

LQDA

Up: 6.28%Similarity: 97.98%

Name

Similarity

Up/Down

LQDA.O

97.98%

+6.28%

BNRG.O

97.93%

-46.19%

IRIX.O

97.53%

+25.56%

LOOP.O

97.45%

+6.44%

HUDI.O

97.44%

-11.59%

FOXO.A

97.43%

-57.90%

NCTY.O

97.29%

-39.48%

NWFL.O

97.24%

-2.44%

DQ.N

97.22%

+4.93%

ALXO.O

97.19%

+29.38%

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.