Shoals Technologies Group, Inc. Class A Common Stock
Here’s whether Shoals Technologies Group, Inc. Class A Common Stock (SHLS) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bearish.
Positives: RSI 58 — healthy momentum range; strong 1-year return of +115.0%. Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-7.02% over 10 days); 3-month momentum negative (-22.8%); rising volume on a downtrend (distribution, 1.29x avg). Currently 37.0% off its 52-week high. Score: -3/7.
SHLS is trading below its 200-day MA ($7.73) — a key warning sign the longer-term trend is under pressure. An RSI of 57.7 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +115.0% compares to +35.1% for SPY (beat the market by 79.9%). The current 37.0% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.