Shoals Technologies Group, Inc. Class A

Stage 4 · Declining · week 6

As of Oct 22, 2026, Shoals Technologies Group is in Stage 4, the downtrend phase, now in week 6 (since Sep 11, 2026). It closed at $7.73, 39.5% below its 52-week high and below its 200-day average, which is falling.

Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components in the United States and internationally. More about the company

$7.73

-2.64% today

$1.3B · Small cap

Market Neutral — Building

Pro read

Pro

Our read

Declining, below its long-term trend

Setup score

—

Momentum

Accelerating ⇈

Edge

—

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Stage Cycle Timeline2023-08-16 → 2026-10-22

S4 25w

S4 43w

S4 15w

S2 26w

2023-08-162026-10-22

S1S2S3S4Setup score (0–10, dashed line at 5)

S2 1w → S3 1w → S4 25w → S1 3w → S4 43w → S1 3w → S4 15w → S1 7w → S2 26w → S3 5w → S2 4w → S3 5w → S4 6w → S1 2w → S2 10w → S3 4w → S4 6w current

Total tracked: 166 weeks across 17 stage runs.

SHLS among Solar7th of 22 by relative strength

All 22 →

Stocks in Solar ranked by relative strength, with stage and one-month change
#	Stock	Stage	RS	1M
1	SUNESUNation Energy, Inc.	Stage 3 · wk 2	80	−20.2%
2	NXTNextpower Inc.	Stage 4 · wk 10	44	−5.1%
3	SEDGSolarEdge Technologies, Inc.	Stage 4 · wk 7	43	−1.2%
4	ENPHEnphase Energy, Inc.	Stage 4 · wk 7	42	−5.2%
5	ASTIAscent Solar Technologies, Inc	Stage 4 · wk 10	38	−39.2%
6	FSLRFirst Solar, Inc.	Stage 4 · wk 10	36	−10.8%
7	SHLSShoals Technologies Group, Inc. Class A	Stage 4 · wk 6	35	+0.3%
8	CSIQCanadian Solar Inc.	Stage 4 · wk 13	29	−18.7%

vs 52W High

-39.5%

$5.71 lo$12.77 hi

39.5% below 52W high, deep Stage 4 damage

In Stage 4, distance from the 52-week high reflects an ongoing decline, not a discount.

Stage Maturity

Week 6

1w13w26w

Week 6, early Stage 4 decline

How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure. No length of decline marks a bottom on its own.

vs 200 DMA

-9.3%

200 DMA: $8.52 · sloping down

In Stage 4, the stock is below its 200-day average, the hallmark of a downtrend. Stage analysis waits for that to reverse before buying.

Rel Volume

0.75x

vs 50-day avg

High volume on down days in Stage 4 confirms institutional selling. Low-volume bounces are typical. They lack real buyers and are easy to mistake for reversals.

Trend Health

↗ ⇈

Short-term trend rising gently, and accelerating

Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.

+0.3%

-17.7%

-0.6%

YTD

-15.0%

-26.2%

Scan Membership

Breakout Watch

Latest: 2023-07-17

3 appearances in last 60 days. First seen: 2022-08-17.

A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.

Recent Stage Timeline

2026-10-22S4

Wk 6 · Vol 0.75x

2026-10-21S4

Wk 6 · Vol 0.74x

2026-10-20S4

Wk 6 · Vol 1.06x

2026-10-19S4

Wk 6 · Vol 0.81x

2026-10-16S4

Wk 6 · Vol 2.36x

2026-10-15S4

Wk 5 · Vol 1.02x

2026-10-14S4

Wk 5 · Vol 1.02x

2026-10-13S4

Wk 5 · Vol 0.76x

2026-10-12S4

Wk 5 · Vol 0.70x

2026-10-09S4

Wk 5 · Vol 0.79x

2026-10-08S4

Wk 4 · Vol 0.98x

2026-10-07S4

Wk 4 · Vol 1.21x

Moving averages & range

50 DMA

$7.62

200 DMA

$8.52

52W High

$12.77

52W Low

$5.71

5D Low

$7.17

Resistance levels (recent highs)

20d High

$8.74

60d High

$9.37

120d High

$12.77

250d High

$12.77

Next resistance

+13.1%

to 20d High

P/E (TTM)

40.7

Forward 14.0

Earnings Growth (YoY)

-12.5%

Revenue +47.4%

ROE

+5.3%

Profit margin +5.4%

Dividend Yield

0.00%

P/B 2.1

Shoals Technologies Group: quick answers

What stage is Shoals Technologies Group in?

As of Oct 22, 2026, Shoals Technologies Group (SHLS) is in Stage 4, the downtrend phase. It entered Stage 4 on Sep 11, 2026 and is in week 6. What the four stages mean

Is Shoals Technologies Group in an uptrend?

No. Shoals Technologies Group is in a Stage 4 downtrend. It trades 9.3% below its 200-day average, which is falling.

How far is Shoals Technologies Group from its 52-week high?

Shoals Technologies Group closed at $7.73 on Oct 22, 2026, 39.5% below its 52-week high of $12.77. Its 52-week low is $5.71.

How has Shoals Technologies Group performed over the past year?

As of Oct 22, 2026, Shoals Technologies Group is down 26.2% over the past year and down 15.0% so far in 2026.

Which sector and industry is Shoals Technologies Group in?

Shoals Technologies Group is in the Solar industry, part of the Information Technology sector.

About this companyInformation Technology· Solar

Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components in the United States and internationally. The company designs, manufactures, and sells various products used by the solar and battery storage industries, including solar big lead assembly (BLA) solutions; homeruns, interconnection, and extension solutions; combiners and re-combiners; load break disconnects and transition solutions; wireless performance monitoring; and battery energy storage solutions (BESS). It also offers original equipment manufacturer (OEM) components; and technical support services during installation and the transition to operations and maintenance. The company sells its products to engineering, procurement, and construction firms that build solar energy projects; utilities; solar developers, independent power producers; solar module manufacturers; and charge point operators. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.