SHLS Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Shoals Technologies Group Inc (SHLS) Moving Averages Convergence Divergence (MACD) indicator is -0.982, suggesting SHLS is Sell.

Shoals Technologies Group Inc (SHLS) 20-Day simple moving average is 7.782, while Shoals Technologies Group Inc (SHLS) share price is $6.27, making it Sell.

Shoals Technologies Group Inc (SHLS) 60-Day simple moving average is 8.778, while Shoals Technologies Group Inc (SHLS) share price is $6.27, making it Sell.

Technical Analysis for SHLS

Technical Sentiment Analysis for Shoals Technologies Group Inc (SHLS) As of 2026-03-11, Shoals Technologies Group Inc (SHLS) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 5 indicators are flashing buy, while 7 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SHLS stands at 35.191, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.982, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 12.429 and the Commodity Channel Index (CCI) at -49.637 further confirm a -0.58 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, SHLS is trading above its 60-day moving average of $8.778 and above its 200-day long-term moving average of $7.513. Key price levels to watch include the immediate resistance at $6.639 and strong support at $5.409. A break above $6.639 could signal a bull continuation, while falling below $5.409 may test the next Fibonacci floor at $4.805.

Shoals Technologies Group Inc (SHLS) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	4.179	4.805	5.409	6.035	6.639	7.265	7.869
Fibonacci	4.805	5.275	5.565	6.035	6.505	6.795	7.265

Shoals Technologies Group Inc (SHLS) Technical Indicators

2026-03-11

Name	Value
RSI_14	35.191
STOCHk_14_3_3	12.429
STOCHd_14_3_3	8.365
CCI_20	-49.637
AO_5_34	-2.678
MOM_10	-0.58
MACD_12_26_9	-0.982

Shoals Technologies Group Inc (SHLS) Relative Strength Index (RSI) is 35.191, creating a Neutral signal.

Shoals Technologies Group Inc (SHLS) Stochastic Oscillator is 12.429, creating a Buy signal.

Shoals Technologies Group Inc (SHLS) Stochastic RSI is 8.365, creating a Buy signal.

Shoals Technologies Group Inc (SHLS) Commodity Channel Index (CCI) is -49.637, creating a Neutral signal.

Shoals Technologies Group Inc (SHLS) Awesome Oscillator is -2.678, creating a Sell signal.

Shoals Technologies Group Inc (SHLS) Momentum is -0.58, creating a Sell signal.

Shoals Technologies Group Inc (SHLS) MACD is -0.982, creating a Sell signal.

Shoals Technologies Group Inc (SHLS) Moving Average

2026-03-11

Period	Simple	Signal
MA_5	5.97	Buy
MA_10	6.014	Buy
MA_20	7.782	Sell
MA_60	8.778	Sell
MA_200	7.513	Sell
MA_250	6.773	Sell

Shoals Technologies Group Inc (SHLS) 5-Day simple moving average is 5.97, while Shoals Technologies Group Inc (SHLS) share price is $6.27, making it a Buy.

Shoals Technologies Group Inc (SHLS) 10-Day simple moving average is 6.014, while Shoals Technologies Group Inc (SHLS) share price is $6.27, making it a Buy.

Shoals Technologies Group Inc (SHLS) 20-Day simple moving average is 7.782, while Shoals Technologies Group Inc (SHLS) share price is $6.27, making it a Sell.

Shoals Technologies Group Inc (SHLS) 60-Day simple moving average is 8.778, while Shoals Technologies Group Inc (SHLS) share price is $6.27, making it a Sell.

Shoals Technologies Group Inc (SHLS) 200-Day simple moving average is 7.513, while Shoals Technologies Group Inc (SHLS) share price is $6.27, making it a Sell.

Shoals Technologies Group Inc (SHLS) 250-Day simple moving average is 6.773, while Shoals Technologies Group Inc (SHLS) share price is $6.27, making it a Sell.

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Frequently Asked Questions

What is the current technical consensus for SHLS?

The overall technical consensus for Shoals Technologies Group Inc (SHLS) is currently Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 3 buy signals and 3 sell signals.

What are the key support and resistance levels for Shoals Technologies Group Inc (SHLS) today?

Based on pivot point calculations, Shoals Technologies Group Inc (SHLS) has an immediate support level at 5.409 and a major resistance level at 6.639. Traders also monitor the pivot point at 6.035 to determine the intraday trend direction.

Is Shoals Technologies Group Inc (SHLS) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Shoals Technologies Group Inc (SHLS) is currently 35.191. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Shoals Technologies Group Inc (SHLS)?

Shoals Technologies Group Inc (SHLS) Moving Averages Convergence Divergence (MACD) indicator is -0.982, suggesting SHLS is Sell. This indicator helps identify potential trend reversals or momentum shifts for Shoals Technologies Group Inc.

How is Shoals Technologies Group Inc (SHLS) performing relative to its 200-day moving average?

Shoals Technologies Group Inc (SHLS) is currently trading at $6.27, which is below its 200-day simple moving average of 7.513. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.