SHOPIFY INC - CLASS A (SHOP) Technical Analysis
NASDAQ:SHOP • CA82509L1076
122.96 USD
-3.21 (-2.54%)
At close: Mar 13, 2026
122.78 USD
-0.18 (-0.15%)
After Hours: 3/13/2026, 7:41:53 PM
Taking everything into account, SHOP scores 2 out of 10 in our technical rating. SHOP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- SHOP is one of the better performing stocks in the IT Services industry, it outperforms 82% of 87 stocks in the same industry.
- SHOP has an average volume of 12455300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, SHOP turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
- 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 107.43 - 135.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
SHOP has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
107.25
161.80
We found 3 important support areas.
- Support @116.05 from a trend line in the weekly time frame.
- A support zone ranging from 110.66 to 112.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @108.33 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 127.74 to 130.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 134.03 to 134.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @160.20 from a trend line in the daily time frame.
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 is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SHOP is neutral. |
| ChartMill Relative Strength | 51.3 | NEUTRAL | SHOP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SHOP is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SHOP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SHOP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.55 | NEUTRAL | The RSI value for SHOP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.16 | POSITIVE | The MACD value suggests SHOP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.56 | NEUTRAL | The Stochastics value for SHOP is a neutral value. |
| Average True Range in percent/ATR (20) | 6.02 | HIGH VOLATILITY | The high ATR as a percentage value for SHOP suggests high volalility. |
| Average Directional Index/ADX (14) | 17.04 | NEGATIVE | The low ADX value for SHOP suggests a weak or negative trend. |
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 Technicals: Chart, Performance Metrics, Trend & Indicators
122.96
-3.21 (-2.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-2.54%
1 Week-5.56%
2 Weeks1.85%
1 Month11.12%
3 Month-25.11%
6 Month-14.24%
12 Month29.64%
2 Year59.34%
3 Year156.49%
5 Year11.13%
10 Year4258.74%
15 YearN/A
Volatility
ATR(14)7.04
ATR(20)%6.02%
ATR Inc-8.96%
Range Today7.7
ADR(20)7.13
ADR(20)%5.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.3
3 months CRS14.83
6 months CRS25.93
Mansfield-0.88
10 Day High135.96
10 Day Low112.45
20 Day High135.96
20 Day Low107.43
52 Week High182.19
52 Week Low69.84
CS1 End116.05
CR1 Start127.74
Volume & EV
DER(3)-0.03%
DER(5)0.7%
Volume7.84M
Volume Incr-57.72%
Vol(5)7.24M
Vol(50)12.46M
SHOPIFY INC - CLASS A / SHOP FAQ
What is the ChartMill technical rating of SHOPIFY INC - CLASS A (SHOP) stock?
ChartMill assigns a technical rating of 2 / 10 to SHOP.
What is the trend direction for SHOP stock?
The current trend direction for SHOPIFY INC - CLASS A (SHOP) is Bearish.
What is the RSI signal for SHOP stock?
SHOPIFY INC - CLASS A (SHOP) has an RSI value of 45.5522. 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) is neutral.