SHOPIFY INC - CLASS A (SHOP.CA) Technical Analysis
TSX:SHOP • CA82509L1076
Current stock price
168.83 CAD
-3.11 (-1.81%)
Last:
SHOP.CA Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to SHOP. SHOP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 75% of all other stocks performed better in the past year than SHOP.
- SHOP is one of the better performing stocks in the IT Services industry, it outperforms 72% of 12 stocks in the same industry.
- SHOP has an average volume of 2031510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- SHOP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SHOP is lagging the market slightly.
- In the last month SHOP has a been trading in the 146.25 - 185.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SHOP.CA Weekly and Daily overview Charts
SHOP.CA Setup Rating and Analysis
SHOP has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
SHOP.CA Support and Resistance Analysis
149.03
220.37
We found 2 important support areas.
- Support @157.03 from a trend line in the weekly time frame.
- A support zone ranging from 150.54 to 153.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 174.17 to 176.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 184.04 to 184.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 216.55 to 218.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
SHOP.CA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for SHOP.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SHOP.CA is neutral. |
| ChartMill Relative Strength | 25.73 | NEGATIVE | SHOP.CA has a low relative strength, it was outperformed by 74.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SHOP.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SHOP.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SHOP.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.08 | NEUTRAL | The RSI value for SHOP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.66 | POSITIVE | The MACD value suggests SHOP.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.36 | NEUTRAL | The Stochastics value for SHOP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.81 | HIGH VOLATILITY | The high ATR as a percentage value for SHOP.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.46 | NEGATIVE | The low ADX value for SHOP.CA suggests a weak or negative trend. |
SHOP.CA Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
SHOP.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:SHOP (3/13/2026, 7:00:00 PM)
168.83
-3.11 (-1.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-1.81%
1 Week-4.5%
2 Weeks2.53%
1 Month12.14%
3 Month-25.35%
6 Month-14.94%
12 Month23.84%
2 Year61.56%
3 Year160.54%
5 Year21.69%
10 YearN/A
15 YearN/A
Volatility
ATR(14)9.28
ATR(20)%5.81%
ATR Inc-10.45%
Range Today10.03
ADR(20)9.42
ADR(20)%5.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.73
3 months CRS7.67
6 months CRS15.31
Mansfield-1
10 Day High185.44
10 Day Low154.5
20 Day High185.44
20 Day Low146.25
52 Week High253.1
52 Week Low99.32
CS1 End157.03
CR1 Start174.17
Volume & EV
DER(3)-1.11%
DER(5)0.79%
Volume1.35M
Volume Incr-28.99%
Vol(5)1.64M
Vol(50)2.03M
SHOPIFY INC - CLASS A / SHOP.CA TA FAQ
What is the ChartMill technical rating of SHOPIFY INC - CLASS A (SHOP.CA) stock?
ChartMill assigns a technical rating of 1 / 10 to SHOP.CA.
What is the trend direction for SHOP stock?
The current trend direction for SHOPIFY INC - CLASS A (SHOP.CA) is Bearish.
What is the RSI signal for SHOP stock?
SHOPIFY INC - CLASS A (SHOP.CA) has an RSI value of 46.084. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SHOPIFY INC - CLASS A?
The short term momentum for SHOPIFY INC - CLASS A (SHOP.CA) is neutral.