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Shopify Inc.

SHOP•NASDAQ
Technology
Software - Application
$116.53
$-7.27(-5.88%)
U.S. Market is Open • 14:23

Shopify Inc. (SHOP) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Shopify Inc. (NASDAQ:SHOP).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SHOP Technical Analysis Summary

Shopify Inc. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 46.56)
Trend Strength:Strong (ADX: 37.01)
Volatility:High (ATR: 9.08)
Support/Resistance:$103.50 – $145.21 (Bollinger Bands)

Overall, Shopify Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 46.56

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 52.17

Neutral
Mid-range signal with no clear trend.

Williams %R: -37.74

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -3.83

Bearish
Selling pressure outweighs buying.

Takeaway:Shopify Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -7.80

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 37.01

Strong
Strong trend, momentum well established.

ATR (14): 9.08

Rising
Rising volatility, market activity increasing.

CCI (14): 81.15

Bullish
Bullish, momentum building upward.

Takeaway:Shopify Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$145.21
Middle Band (SMA 20)
$124.36
Lower Band
$103.50
Current Position
Within Bands

Takeaway:Shopify Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$144.38
Middle Line (EMA 20)
$126.22
Lower Channel
$108.07
Squeeze Status
No Squeeze

Takeaway:Shopify Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-12.60M
Money Flow Index38.65Bearish, selling pressure outweighs inflows.
Relative Vigor Index67.99Bullish, price momentum strongly favors buyers.

Overall Takeaway:SHOP shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Shopify Inc., here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Shopify Inc. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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