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: Bullish.
Positives: trading above the 200-day MA (long-term uptrend intact); 50-day MA is rising (+3.90% over 10 days); RSI 42 — healthy momentum range; strong 1-year return of +67.4%; 3-month momentum positive (+18.4%). Concerns: below the 50-day MA (medium-term momentum negative). Currently 28.8% off its 52-week high. Score: +5/7.
SHLS is holding above its long-term 200-day MA ($8.88) but has slipped below the 50-day MA ($10.35), pointing to short-term weakness in an otherwise intact trend. An RSI of 42.2 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +67.4% compares to +16.5% for SPY (beat the market by 50.9%). The current 28.8% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.