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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: 23 Oct 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 167.25 and Closed at: 168.68, which is -0.08% of previous session's close. It moved within a range of 166.09 and 170.30
The session was a Bullish session with an average volume of 4104300, which is -46% of previous session's volumes.
- Even though the stock has fallen, but its short term trend is positive and in an uptrend.
- Even though the stock has fallen, but its mid term trend is positive and in an uptrend.
Support for tomorrow is 167.39 and resistance for tomorrow is 171.6
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 166.41, 164.15 resistance for tomorrow's hourly charts is 170.62, 172.57
10 Day SMA for Shopify Inc (SHOP) is 173.21 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 164.96 and the stock is trading above these levels. This is a good sign for its mid term trend
50 Day SMA for Shopify Inc (SHOP) is 151.11 and the stock is trading above these levels. This is a good sign for its mid to long term trend
100 Day SMA is 136.6 and the stock is trading above these levels. This is a good sign for its long term trend
200 Day SMA Shopify Inc is 129.43 and stock is trading above these levels. This is a good sign for its long term trend
20 DMA of Shopify Inc is at 164.96 and 200 DMA is at 129.43, while 50 DMA and 100 DMA are at 151.11 and 136.6 respectively
Shopify Inc (SHOP) moving average of 20 SMA is at 164.96 and 20 EMA is at 164.83
| Date | Closing Price | 20 SMA | 20 EMA |
| 23 Fri Oct | 168.68 | 164.96 | 164.83 |
| 22 Thu Oct | 168.81 | 163.63 | 164.42 |
| 21 Wed Oct | 174.22 | 162.45 | 163.96 |
| 20 Tue Oct | 173.42 | 160.86 | 162.88 |
| 19 Mon Oct | 171.06 | 159.57 | 161.77 |
| 16 Fri Oct | 169.52 | 157.92 | 160.79 |
Shopify Inc (SHOP) moving average of 50 SMA is at 151.11 and 50 EMA is at 153.03
| Date | Closing Price | 50 SMA | 50 EMA |
| 23 Fri Oct | 168.68 | 151.11 | 153.03 |
| 22 Thu Oct | 168.81 | 150.91 | 152.39 |
| 21 Wed Oct | 174.22 | 150.54 | 151.72 |
| 20 Tue Oct | 173.42 | 150.11 | 150.8 |
| 19 Mon Oct | 171.06 | 149.74 | 149.88 |
| 16 Fri Oct | 169.52 | 149.36 | 149.02 |
Shopify Inc (SHOP) moving average of 100 SMA is at 136.6 and 100 EMA is at 143.01
| Date | Closing Price | 100 SMA | 100 EMA |
| 23 Fri Oct | 168.68 | 136.6 | 143.01 |
| 22 Thu Oct | 168.81 | 136.05 | 142.49 |
| 21 Wed Oct | 174.22 | 135.53 | 141.96 |
| 20 Tue Oct | 173.42 | 135.03 | 141.31 |
| 19 Mon Oct | 171.06 | 134.48 | 140.66 |
| 16 Fri Oct | 169.52 | 133.92 | 140.05 |
Shopify Inc (SHOP) moving average of 200 SMA is at 129.43 and 200 EMA is at 135.25
| Date | Closing Price | 200 SMA | 200 EMA |
| 23 Fri Oct | 168.68 | 129.43 | 135.25 |
| 22 Thu Oct | 168.81 | 129.43 | 134.91 |
| 21 Wed Oct | 174.22 | 129.42 | 134.57 |
| 20 Tue Oct | 173.42 | 129.39 | 134.17 |
| 19 Mon Oct | 171.06 | 129.35 | 133.77 |
| 16 Fri Oct | 169.52 | 129.28 | 133.39 |
Robert Half has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Robert Half, about 7.65% 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 7.36% more returns!
Shopify Inc has performed better than Hewlett Packard in short term. Holding Shopify Inc could be a better choice for now!
Shopify Inc has performed better than Cango Inc in short term. Holding Shopify Inc could be a better choice for now!
Tenable Holdings has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Tenable Holdings, about 12.23% more returns!
Shopify Inc has performed better than Sohu Com in short term. Holding Shopify Inc could be a better choice for now!
Shopify Inc has performed better than Sailpoint Technologies in short term. Holding Shopify Inc could be a better choice for now!
Shopify Inc has performed better than Plexus Corp in short term. Holding Shopify Inc could be a better choice for now!
Shopify Inc has performed better than Mongodb Inc in short term. Holding Shopify Inc could be a better choice for now!
Shopify Inc has performed better than Logitech International in short term. Holding Shopify Inc could be a better choice for now!
Shopify Inc has performed better than Enphase Energy in short term. Holding Shopify Inc could be a better choice for now!
Shopify Inc has performed better than Diodes Incorporated in short term. Holding Shopify Inc could be a better choice for now!
Dropbox Inc has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Dropbox Inc, about 1.39% more returns!
Shopify Inc has performed better than Cadence Design in short term. Holding Shopify Inc could be a better choice for now!
Shopify Inc has performed better than Calamp Corp in short term. Holding Shopify Inc could be a better choice for now!
Shopify Inc has performed better than Appfolio Inc in short term. Holding Shopify Inc could be a better choice for now!
Shopify Inc has performed better than Automatic Data in short term. Holding Shopify Inc could be a better choice for now!
Shopify Inc has performed better than Axcelis Technologies in short term. Holding Shopify Inc could be a better choice for now!
Shopify Inc Technical analysis of indicators
Price action analysis of Shopify Inc (SHOP) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Shopify Inc stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Shopify Inc in short term but the sell signal is initial and weak.
Shopify Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 positive zone. This is a BUY 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 173.64 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 positive
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
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