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Shopify Inc (SHOP) Technical (Analysis) Reports Shopify Inc ["Technical Analysis"] Reports -USA Stock Exchange MunafaSutra.com
Complete & easy to understand technical analysis of Shopify Inc (SHOP)
Technical Analysis Report for USA stock SHOP Shopify Inc. Dated: 12 May 2026 Updated Daily. Stock trades under Technology Deals in Computer Software Prepackaged Software in USA stock exchange
If you are looking for Tomorrow's Movement Predictions for USA stock SHOP Shopify Inc then click here. or read Experts views on Shopify Inc or Forecast & share price targets of Shopify Inc
Shopify Inc Opened at 102.22 and Closed at: 99.86, which is -2.66% of previous session's close. It moved within a range of 98.57 and 103.30
The session was a Bearish session with an average volume of 9099651, which is -77.17% of previous session's volumes.
- The stock has fallen, and its short term trend is also negative and in a downtrend.
- The stock has fallen, and its mid term trend is also negative and in a downtrend.
- The stock has fallen, and its long term trend is also negative and in a downtrend.
A Dead cross was found 6 days back on short term averages
A Dead cross was found 6 days back on mid term averages
Support for tomorrow is 96.85 and resistance for tomorrow is 101.58
These support and resistance points are valid for the first 5-15 minutes charts
Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.
Support for tomorrow's hourly charts is 97.85, 95.85 resistance for tomorrow's hourly charts is 102.58, 105.31
10 Day SMA for Shopify Inc (SHOP) is 111.92 and stock is trading below these levels. This is not a good sign for its short term trend
20 Day SMA for Shopify Inc (SHOP) is 119.66 and the stock is trading below these levels. This is not a good sign for its mid term trend
50 Day SMA for Shopify Inc (SHOP) is 120.48 and the stock is trading below these levels. This is not a good sign for its mid to long term trend
100 Day SMA is 131.14 and the stock is trading below these levels. This is not a good sign for its long term trend
200 Day SMA Shopify Inc is 141.36 and stock is trading below these levels. This is not a good sign for its long term trend
20 DMA of Shopify Inc is at 119.66 and 200 DMA is at 141.36, while 50 DMA and 100 DMA are at 120.48 and 131.14 respectively
Shopify Inc (SHOP) moving average of 20 SMA is at 119.66 and 20 EMA is at 114.87
| Date | Closing Price | 20 SMA | 20 EMA |
| 12 Tue May | 99.86 | 119.66 | 114.87 |
| 11 Mon May | 102.52 | 121.03 | 116.45 |
| 08 Fri May | 110.41 | 121.79 | 117.92 |
| 07 Thu May | 111.74 | 122.02 | 118.71 |
| 06 Wed May | 105.26 | 121.97 | 119.44 |
| 06 Wed May | 105.44 | 122.32 | 120.93 |
Shopify Inc (SHOP) moving average of 50 SMA is at 120.48 and 50 EMA is at 120.53
| Date | Closing Price | 50 SMA | 50 EMA |
| 12 Tue May | 99.86 | 120.48 | 120.53 |
| 11 Mon May | 102.52 | 120.9 | 121.37 |
| 08 Fri May | 110.41 | 121.37 | 122.14 |
| 07 Thu May | 111.74 | 121.57 | 122.62 |
| 06 Wed May | 105.26 | 121.67 | 123.06 |
| 06 Wed May | 105.44 | 121.91 | 123.79 |
Shopify Inc (SHOP) moving average of 100 SMA is at 131.14 and 100 EMA is at 127.34
| Date | Closing Price | 100 SMA | 100 EMA |
| 12 Tue May | 99.86 | 131.14 | 127.34 |
| 11 Mon May | 102.52 | 131.77 | 127.89 |
| 08 Fri May | 110.41 | 132.35 | 128.4 |
| 07 Thu May | 111.74 | 132.88 | 128.76 |
| 06 Wed May | 105.26 | 133.41 | 129.1 |
| 06 Wed May | 105.44 | 134.05 | 129.58 |
Shopify Inc (SHOP) moving average of 200 SMA is at 141.36 and 200 EMA is at 130.06
| Date | Closing Price | 200 SMA | 200 EMA |
| 12 Tue May | 99.86 | 141.36 | 130.06 |
| 11 Mon May | 102.52 | 141.48 | 130.36 |
| 08 Fri May | 110.41 | 141.58 | 130.64 |
| 07 Thu May | 111.74 | 141.64 | 130.84 |
| 06 Wed May | 105.26 | 141.7 | 131.03 |
| 06 Wed May | 105.44 | 141.81 | 131.29 |
Tyler Technologies has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Tyler Technologies, about 12.45% more returns!
Taiwan Semiconductor has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Taiwan Semiconductor, about 30.7% more returns!
Paycom Software has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Paycom Software, about 30.95% more returns!
Curtiss Wright has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Curtiss Wright, about 23.46% more returns!
Workday Inc has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Workday Inc, about 16.36% more returns!
Verisign Inc has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Verisign Inc, about 25.69% more returns!
Silicon Motion has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Silicon Motion, about 110.05% more returns!
Rambus Inc has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Rambus Inc, about 29.91% more returns!
Quicklogic Corporation has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Quicklogic Corporation, about 73.99% more returns!
Open Text has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Open Text, about 24.17% more returns!
On Semiconductor has performed better than Shopify Inc in short term. You could have earned much better returns by investing in On Semiconductor, about 51.6% more returns!
Netscout Systems has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Netscout Systems, about 36.9% more returns!
Monolithic Power has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Monolithic Power, about 35.35% more returns!
Alphabet Inc has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Alphabet Inc, about 36.65% more returns!
Fortinet Inc has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Fortinet Inc, about 59.52% more returns!
Amdocs has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Amdocs, about 15% more returns!
Commvault Systems has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Commvault Systems, about 29.1% more returns!
Cisco Systems has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Cisco Systems, about 38.88% more returns!
Cadence Design has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Cadence Design, about 37.95% more returns!
Shopify Inc Technical analysis of indicators
Price action analysis of Shopify Inc (SHOP) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Shopify Inc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Shopify Inc in short term and the sell signal is strong.
Shopify Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Shopify Inc in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Shopify Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 109.34 and Shopify Inc SHOP stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Shopify Inc SHOP stock. Volume based technical analysis of Shopify Inc SHOP stock is negative.
Shopify Inc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Tomorrow's Predictions
You should also read Tomorrow's Movement Predictions for USA stock SHOP Shopify Inc These predictions are based on various factors, are easy to understand, and upto 75% accurate!
And SHOP Experts View which covers a lot of information including buying and selling signals
SHOP future forecast & share price targets
You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Shopify Inc or View Candle Stick Charts here
Quick Charts: Renko Point & Figure Just IntraDay All Indicators Weekly Monthly All in One Eagle View MACD & ADX
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