AI SHLS Forecast


Bullish Case: SHLS's strong fundamentals in renewable energy and recent insider buying signal potential upside. Positive legal outcomes may boost investor confidence significantly.


Bearish Case: Market skepticism persists due to high insider selling, increased litigation risks, and poor recent price performance, potentially undermining SHLS's recovery.


Potential Outcomes:

1) 40% chance of a positive litigation outcome boosting prices.

2) 30% chance of continued insider selling leading to price declines.

3) 30% chance of a market-wide correction impacting SHLS.


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August 23, 2024


Shoals Forecast

SHLS      Shoals











Correlated Assets

Assets that tend to move strongly with SHLS



SEDG Forecast + Options Trading Strategies   SEDG  Solaredge (0.96)


CMP Forecast + Options Trading Strategies   CMP  Compass Minerals International (0.95)


MED Forecast + Options Trading Strategies   MED  Medifast (0.94)


HTZ Forecast + Options Trading Strategies   HTZ  Hertz Global Holdings (0.93)


CPRI Forecast + Options Trading Strategies   CPRI  Capri (0.93)



Uncorrelated Assets

Assets with little price relationship to SHLS



SAVA Forecast + Options Trading Strategies   SAVA  Cassava Sciences (-0.0)


UCO Forecast + Options Trading Strategies   UCO  ProShares Ultra Bloomberg Crude Oil (-0.01)


LH Forecast + Options Trading Strategies   LH  Laboratory Corp. Of America (0.01)


PLAY Forecast + Options Trading Strategies   PLAY  Dave & Buster's Entertainment (-0.01)


HDB Forecast + Options Trading Strategies   HDB  HDFC (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against SHLS



MCK Forecast + Options Trading Strategies   MCK  Mckesson (-0.92)


WES Forecast + Options Trading Strategies   WES  Western Midstream (-0.92)


PGR Forecast + Options Trading Strategies   PGR  Progressive (-0.92)


NGD Forecast + Options Trading Strategies   NGD  New Gold (-0.93)


MSI Forecast + Options Trading Strategies   MSI  Motorola (-0.93)





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