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 0.336, suggesting SHLS is Strong Buy.

Shoals Technologies Group Inc (SHLS) 20-Day simple moving average is 9.881, while Shoals Technologies Group Inc (SHLS) share price is $10.56, making it Buy.

Shoals Technologies Group Inc (SHLS) 60-Day simple moving average is 9.056, while Shoals Technologies Group Inc (SHLS) share price is $10.56, making it Buy.

Technical Analysis for SHLS

Technical Sentiment Analysis for Shoals Technologies Group Inc (SHLS) As of 2026-02-18, Shoals Technologies Group Inc (SHLS) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 9 indicators are flashing buy, while 2 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SHLS stands at 61.199, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.336, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 79.37 and the Commodity Channel Index (CCI) at 173.366 further confirm a 0.72 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, SHLS is trading above its 60-day moving average of $9.056 and above its 200-day long-term moving average of $7.352. Key price levels to watch include the immediate resistance at $11.128 and strong support at $9.278. A break above $11.128 could signal a bull continuation, while falling below $9.278 may test the next Fibonacci floor at $8.367.

Shoals Technologies Group Inc (SHLS) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	7.428	8.367	9.278	10.217	11.128	12.067	12.978
Fibonacci	8.367	9.073	9.51	10.217	10.923	11.36	12.067

Shoals Technologies Group Inc (SHLS) Technical Indicators

2026-02-18

Name	Value
RSI_14	61.199
STOCHk_14_3_3	79.37
STOCHd_14_3_3	65.969
CCI_20	173.366
AO_5_34	0.658
MOM_10	0.72
MACD_12_26_9	0.336

Shoals Technologies Group Inc (SHLS) Relative Strength Index (RSI) is 61.199, creating a Neutral signal.

Shoals Technologies Group Inc (SHLS) Stochastic Oscillator is 79.37, creating a Neutral signal.

Shoals Technologies Group Inc (SHLS) Stochastic RSI is 65.969, creating a Neutral signal.

Shoals Technologies Group Inc (SHLS) Commodity Channel Index (CCI) is 173.366, creating a Sell signal.

Shoals Technologies Group Inc (SHLS) Awesome Oscillator is 0.658, creating a Buy signal.

Shoals Technologies Group Inc (SHLS) Momentum is 0.72, creating a Buy signal.

Shoals Technologies Group Inc (SHLS) MACD is 0.336, creating a Buy signal.

Shoals Technologies Group Inc (SHLS) Moving Average

2026-02-18

Period	Simple	Signal
MA_5	10.224	Buy
MA_10	10.19	Buy
MA_20	9.881	Buy
MA_60	9.056	Buy
MA_200	7.352	Buy
MA_250	6.561	Buy

Shoals Technologies Group Inc (SHLS) 5-Day simple moving average is 10.224, while Shoals Technologies Group Inc (SHLS) share price is $10.56, making it a Buy.

Shoals Technologies Group Inc (SHLS) 10-Day simple moving average is 10.19, while Shoals Technologies Group Inc (SHLS) share price is $10.56, making it a Buy.

Shoals Technologies Group Inc (SHLS) 20-Day simple moving average is 9.881, while Shoals Technologies Group Inc (SHLS) share price is $10.56, making it a Buy.

Shoals Technologies Group Inc (SHLS) 60-Day simple moving average is 9.056, while Shoals Technologies Group Inc (SHLS) share price is $10.56, making it a Buy.

Shoals Technologies Group Inc (SHLS) 200-Day simple moving average is 7.352, while Shoals Technologies Group Inc (SHLS) share price is $10.56, making it a Buy.

Shoals Technologies Group Inc (SHLS) 250-Day simple moving average is 6.561, while Shoals Technologies Group Inc (SHLS) share price is $10.56, making it a Buy.

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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 Strong Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 3 buy signals and 2 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 9.278 and a major resistance level at 11.128. Traders also monitor the pivot point at 10.217 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 61.199. 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 0.336, suggesting SHLS is Strong Buy. 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 $10.56, which is above its 200-day simple moving average of 7.352. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.