Red List

SHLSShoals Technologies Group, Inc.

Technology · Solar · small-cap ($1.4B)
-44.0%
from rolling 252-day high of $13.18 set 2026-05-29 · 83d ago
Current
$7.38
Decline depth
-44.0%
Decline σ
5.2σ
TFC
2/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Since tracking began

$SHLS has been tracked since 2026-03-01. It was down 47.5% from its 52-week high then — now down -44.0%.

It has clawed back 10.0 percentage points off that level. It bottomed 49.7% below that high along the way.

Decline from the 52-week high as it stood on 2026-03-02 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.

Structural break signals

SHLS qualifies for the Red List on decline depth.

Decline depth
-44.0%
From rolling 252-day high of $13.18, 83d ago. Past the 40% Red List threshold.
Time-frame continuity
2/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
5.2σ
Drop from local high over the last 20 bars, expressed in units of the stock's typical daily volatility (5.39% per day). Past the ≥4σ Watch threshold.

The structural read

What price action says about SHLS.

SHLS qualifies for the Red List on decline depth — down -44.0% from its rolling 252-day high. Past the 40% threshold, the deepest tier in the taxonomy. Depth plus recency: this is the pattern many investors call a falling knife.

Cross-confirmation: decline sigma also reads 5.2σ over 20 bars.

Upstream TFC read: bearish alignment, current phase daily. Last bar types — daily 2D (red), weekly 2D (red), monthly 2D (red).

Earnings on file: 2026-08-04. Tiering is unaffected by earnings dates — listings reflect price structure only.

Questions about SHLS

What people ask.

Why is SHLS on Broken Stocks?

SHLS qualifies for the Red List on decline depth. It is down -44.0% from its rolling 252-day high of $13.18, set on 2026-05-29 — 83d ago.

Is SHLS a falling knife?

By the most common technical definition — a steep, recent breakdown from a fresh high — yes. SHLS is down -44.0% from its 52-week high of $13.18, set 83d ago. That combination of depth (past the 30% Amber threshold) and recency (high set inside the last 120 days) is the textbook falling-knife pattern. Whether to try to catch it is a separate question — historically most attempts to bottom-pick continue lower before reversing. Broken Stocks flags the pattern; it does not recommend buying or selling.

Is SHLS a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is SHLS trading inside its 52-week range?

At $7.38, SHLS sits 33.7% of the way from its 52-week low ($4.43) to its 52-week high ($13.18). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has SHLS been declining?

The current 44.0% decline accrued over 83d, which annualizes to roughly -193.5% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.

How does SHLS compare to its sector?

There are 239 other Technology tickers on Broken Stocks: 147 Red, 50 Amber, 42 Watch, with 65 showing recovering structural signals. Median sector decline is -36.7% — SHLS's decline is deeper than the sector median.

Does SHLS's earnings date affect its tier?

No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-08-04) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.