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SHLS Fell Below 20 Day Moving Average on July 23

Shoals Technologies Group, Inc. (SHLS) — Daily Technical Analysis & Swing Trading Signals · Jul 23, 2026, 19:55 ET
SHLS closed down 5.18% on Thursday, July 23rd, with volume running 0.6× below average. Multiple bearish signals emerged — Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross, Non-ADX 1,2,3,4 Bearish & 180 Bearish Setup — suggesting potential weakness ahead. Key support levels exist at 9.56, 9.22 & 8.7, with resistance at 10.41, 10.93 & 11.27.

Current SwingTradeBot Technical Rating of SHLS: C

Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.

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Shoals Technologies Group, Inc. (SHLS)