Shoals Technologies' 15min chart signals MACD Death Cross, KDJ Death Cross.

According to Shoals Technologies' 15-minute chart, the MACD Death Cross and KDJ Death Cross indicators were triggered on October 7, 2025 at 10:00. This suggests that the stock price has the potential to continue declining, as momentum is shifting towards the downside and may further decrease in value.

New York, NY – September 12, 2025 – Shoals Technologies Group (NASDAQ: SHLS) has seen its stock price experience a significant downturn following the triggering of both the MACD Death Cross and KDJ Death Cross indicators on its 15-minute chart on October 7, 2025, at 10:00. This development suggests a potential continuation of the stock's downward trend, as momentum shifts towards the downside Shoals Technologies Soars as Barclays Upgrade Ignites Battery Storage and Data Center Growth Optimism^[1].

The MACD (Moving Average Convergence Divergence) Death Cross occurs when the 12-day exponential moving average (EMA) crosses below the 26-day EMA, indicating a bearish signal. The KDJ (Kaufman Adaptive Moving Average) Death Cross, on the other hand, is a similar indicator that uses the Stochastic Oscillator to signal a trend reversal. Both indicators are widely used by traders to identify potential changes in the direction of a stock's price Shoals Technologies Soars as Barclays Upgrade Ignites Battery Storage and Data Center Growth Optimism^[1].

The triggering of these crosses comes amidst a period of market volatility and uncertainty, following a significant upgrade by Barclays that had previously boosted investor confidence in Shoals' growth prospects. The upgrade, which elevated Shoals' rating to "Overweight" from "Equal Weight" and raised its price target from $7 to $10, was based on the company's strategic positioning in the growing battery energy storage systems (BESS) and data center industries Shoals Technologies Soars as Barclays Upgrade Ignites Battery Storage and Data Center Growth Optimism^[1].

However, the recent downturn in Shoals' stock price may be attributed to several factors. First, the market's initial optimism following the Barclays upgrade may have been overstated, leading to a correction in stock prices. Second, the broader market conditions, including geopolitical risks and economic uncertainties, could be impacting investor sentiment. Lastly, the triggering of the MACD and KDJ Death Crosses may indicate a shift in momentum that is not yet fully understood by the market, potentially leading to further downward pressure on the stock price.

Investors should closely monitor the stock's performance and the broader market conditions to assess the potential impact of these indicators. While the MACD and KDJ Death Crosses suggest a bearish trend, it is essential to consider other technical and fundamental factors before making investment decisions.