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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: 06 Feb 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 110.24 and Closed at: 112.01, which is 0.69% of previous session's close. It moved within a range of 109.62 and 115.04
The session was a Bullish session with an average volume of 8219433, which is -117.27% of previous session's volumes.
- Even though the stock has shown an up move, but the short term trend of the stock remains negative and in a downtrend.
- Even though the stock has shown an up move, but the mid term trend of the stock remains negative and in a downtrend.
- The stock has shown an up move, and its long term trend is also positive and in an uptrend.
Support for tomorrow is 110.82 and resistance for tomorrow is 116.24
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 109.41, 106.8 resistance for tomorrow's hourly charts is 114.83, 117.64
10 Day SMA for Shopify Inc (SHOP) is 127.64 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 140.3 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 154.13 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 155.46 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 137.48 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 140.3 and 200 DMA is at 137.48, while 50 DMA and 100 DMA are at 154.13 and 155.46 respectively
Shopify Inc (SHOP) moving average of 20 SMA is at 140.3 and 20 EMA is at 135.89
| Date | Closing Price | 20 SMA | 20 EMA |
| 06 Fri Feb | 112.01 | 140.3 | 135.89 |
| 05 Thu Feb | 111.24 | 143.12 | 138.4 |
| 04 Wed Feb | 114.02 | 145.89 | 141.26 |
| 03 Tue Feb | 119.29 | 148.62 | 144.13 |
| 02 Mon Feb | 132.18 | 150.96 | 146.74 |
| 30 Fri Jan | 131.29 | 152.21 | 148.27 |
Shopify Inc (SHOP) moving average of 50 SMA is at 154.13 and 50 EMA is at 147.58
| Date | Closing Price | 50 SMA | 50 EMA |
| 06 Fri Feb | 112.01 | 154.13 | 147.58 |
| 05 Thu Feb | 111.24 | 154.99 | 149.03 |
| 04 Wed Feb | 114.02 | 155.72 | 150.57 |
| 03 Tue Feb | 119.29 | 156.33 | 152.06 |
| 02 Mon Feb | 132.18 | 156.87 | 153.4 |
| 30 Fri Jan | 131.29 | 157.03 | 154.27 |
Shopify Inc (SHOP) moving average of 100 SMA is at 155.46 and 100 EMA is at 148.5
| Date | Closing Price | 100 SMA | 100 EMA |
| 06 Fri Feb | 112.01 | 155.46 | 148.5 |
| 05 Thu Feb | 111.24 | 155.82 | 149.24 |
| 04 Wed Feb | 114.02 | 156.14 | 150.01 |
| 03 Tue Feb | 119.29 | 156.45 | 150.74 |
| 02 Mon Feb | 132.18 | 156.68 | 151.38 |
| 30 Fri Jan | 131.29 | 156.79 | 151.77 |
Shopify Inc (SHOP) moving average of 200 SMA is at 137.48 and 200 EMA is at 138.64
| Date | Closing Price | 200 SMA | 200 EMA |
| 06 Fri Feb | 112.01 | 137.48 | 138.64 |
| 05 Thu Feb | 111.24 | 137.34 | 138.91 |
| 04 Wed Feb | 114.02 | 137.2 | 139.19 |
| 03 Tue Feb | 119.29 | 137.05 | 139.44 |
| 02 Mon Feb | 132.18 | 136.87 | 139.64 |
| 30 Fri Jan | 131.29 | 136.63 | 139.72 |
Wpp Plc has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Wpp Plc, about 9.86% more returns!
Pure Storage has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Pure Storage, about 37.95% more returns!
Park Electrochemical has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Park Electrochemical, about 36.36% more returns!
Oracle Corporation has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Oracle Corporation, about 3.78% more returns!
Factset Research has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Factset Research, about 2.3% more returns!
Xunlei has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Xunlei, about 8.21% 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 21.94% more returns!
21vianet Group has performed better than Shopify Inc in short term. You could have earned much better returns by investing in 21vianet Group, about 39.48% more returns!
Transact Technologies has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Transact Technologies, about 19.42% more returns!
Silicom has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Silicom, about 67.43% more returns!
Microsoft Corporation has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Microsoft Corporation, about 15.52% more returns!
Marvell Technology has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Marvell Technology, about 28.45% more returns!
Aurora Mobile has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Aurora Mobile, about 46.01% more returns!
Intel Corporation has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Intel Corporation, about 43.01% more returns!
8x8 Inc has performed better than Shopify Inc in short term. You could have earned much better returns by investing in 8x8 Inc, about 68.35% more returns!
Cognizant Technology has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Cognizant Technology, about 22.3% 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 18.51% more returns!
Bandwidth Inc has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Bandwidth Inc, about 27.27% more returns!
Advanced Micro has performed better than Shopify Inc in short term. You could have earned much better returns by investing in Advanced Micro, about 34.4% 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 losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shopify Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Shopify Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 123.25 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
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