119.29 USD
-12.91 (-9.77%)
At close: Feb 3, 2026
118.8 USD
-0.49 (-0.41%)
After Hours: 2/3/2026, 8:00:02 PM
Overall SHOP gets a technical rating of 0 out of 10. 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 negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, SHOP is a bad performer in the overall market: 79% of all stocks are doing better.
- In the last month SHOP has a been trading in the 117.50 - 170.90 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- SHOP has an average volume of 7734840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- SHOP is part of the IT Services industry. There are 88 other stocks in this industry, SHOP did better than 65% of them.
- SHOP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SHOP is lagging the market.
The technical rating of SHOP is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
104.08
170.10
We found 1 important support area.
- Support @105.13 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @138.99 from a trend line in the daily time frame.
- Resistance @165.72 from a trend line in the daily time frame.
- Resistance @168.42 from a horizontal 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 | DOWN | NEGATIVE | The short term trend for SHOP is down. |
| ChartMill Relative Strength | 21.45 | NEGATIVE | SHOP has a low relative strength, it was outperformed by 78.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SHOP is below a declining 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) | 24.69 | OVERSOLD | The low RSI value suggests SHOP may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.45 | NEGATIVE | The MACD value suggests SHOP has a negative trend. |
| Stochastics (14,3) | 3.37 | OVERSOLD | The low Stochastics value suggests SHOP may be oversold. |
| Average True Range in percent/ATR (20) | 5.99 | HIGH VOLATILITY | The high ATR as a percentage value for SHOP suggests high volalility. |
| Average Directional Index/ADX (14) | 34.91 | POSITIVE | The high ADX value value for SHOP suggests a strong 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)
119.29
-12.91 (-9.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-9.77%
1 Week-13.24%
2 Weeks-17.45%
1 Month-28.23%
3 Month-21.73%
6 Month-20.27%
12 Month1.6%
2 Year56.2%
3 Year189.96%
5 Year-6.88%
10 Year5230.21%
15 YearN/A
Volatility
ATR(14)7.47
ATR(20)%5.99%
ATR Inc49.25%
Range Today14.16
ADR(20)6.68
ADR(20)%5.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.45
3 months CRS13.5
6 months CRS15.78
Mansfield-1.54
10 Day High146.1
10 Day Low117.5
20 Day High170.9
20 Day Low117.5
52 Week High182.19
52 Week Low69.84
CS1 End105.13
CR1 Start138.99
Volume & EV
DER(3)-0.33%
DER(5)-0.39%
Volume25.74M
Volume Incr112.77%
Vol(5)14.83M
Vol(50)7.73M
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 0 / 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 24.6903. This indicates that the stock is currently oversold.
Can you provide the short term momentum for SHOPIFY INC - CLASS A?
The short term momentum for SHOPIFY INC - CLASS A (SHOP) is negative.
Can you provide the buy/sell signal for SHOPIFY INC - CLASS A?
The buy/sell signal for SHOPIFY INC - CLASS A (SHOP) is sell as both the short term and long term trends are negative.