Is Shopify Inc. stock a buy or sell right now?

Shopify Inc. currently trades in a Neutral range, with momentum and trend indicators showing no clear direction.

What is Shopify Inc.’s RSI?

RSI is 48.27, showing balanced momentum within the normal range.

What does MACD indicate for SHOP?

MACD at -0.60 shows bearish pressure, with downside momentum building.

What are Shopify Inc.’s key support and resistance levels?

Support sits around $109.77, while resistance is near $136.65.

Shopify Inc.

SHOP•NASDAQ

Technology

Software - Application

$126.21

$0.04(0.03%)

U.S. Market is Open • 14:08

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: 48.27)

Trend Strength:Weak (ADX: 18.40)

Volatility:High (ATR: 7.85)

Support/Resistance:$109.77 – $136.65 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 48.27

Bearish

Below midpoint indicates downward pressure.

Stochastic %K: 67.63

Bullish

Buying momentum building without extremes.

Williams %R: -41.64

Neutral

Balanced market without strong signals.

Rate of Change (ROC): -0.02

Neutral

Price change is minimal.

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

Trend & Volatility

MACD: -0.60

Bearish

Bearish, trend momentum is strengthening to the downside.

ADX: 18.40

Weak

Weak trend, market trading sideways.

ATR (14): 7.85

High

High volatility, wide price fluctuations.

CCI (14): 35.28

Bullish

Bullish, momentum building upward.

Takeaway:Shopify Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators

Bollinger Bands

Upper Band

$136.65

Middle Band (SMA 20)

$123.21

Lower Band

$109.77

Current Position

Within Bands

Takeaway:Shopify Inc. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels

Upper Channel

$142.49

Middle Line (EMA 20)

$126.80

Lower Channel

$111.11

Squeeze Status

Squeeze On

Takeaway:Shopify Inc. trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis

On-Balance Volume-34.85M

Money Flow Index47.63Neutral, balanced money flows with no clear signal.

Relative Vigor Index52.45Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:SHOP shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary

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

Bullish Signals

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Shopify Inc. are mixed, suggesting a Hold or wait-and-see approach.