SHOP Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Shopify Inc (SHOP) Moving Averages Convergence Divergence (MACD) indicator is -0.746, suggesting SHOP is Sell.

Shopify Inc (SHOP) 20-Day simple moving average is 122.721, while Shopify Inc (SHOP) share price is $129.36, making it Buy.

Shopify Inc (SHOP) 60-Day simple moving average is 142.132, while Shopify Inc (SHOP) share price is $129.36, making it Sell.

Technical Analysis for SHOP

Technical Sentiment Analysis for Shopify Inc (SHOP) As of 2026-03-10, Shopify Inc (SHOP) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 5 indicators are flashing buy, while 8 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SHOP stands at 51.275, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.746, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 79.491 and the Commodity Channel Index (CCI) at 106.644 further confirm a 12.43 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, SHOP is trading above its 60-day moving average of $142.132 and above its 200-day long-term moving average of $139.89. Key price levels to watch include the immediate resistance at $137.539 and strong support at $114.027. A break above $137.539 could signal a bull continuation, while falling below $114.027 may test the next Fibonacci floor at $101.481.

Shopify Inc (SHOP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	90.515	101.481	114.027	124.994	137.539	148.506	161.052
Fibonacci	101.481	110.463	116.012	124.994	133.975	139.524	148.506

Shopify Inc (SHOP) Technical Indicators

2026-03-10

Name	Value
RSI_14	51.275
STOCHk_14_3_3	79.491
STOCHd_14_3_3	85.401
CCI_20	106.644
AO_5_34	4.97
MOM_10	12.43
MACD_12_26_9	-0.746

Shopify Inc (SHOP) Relative Strength Index (RSI) is 51.275, creating a Neutral signal.

Shopify Inc (SHOP) Stochastic Oscillator is 79.491, creating a Neutral signal.

Shopify Inc (SHOP) Stochastic RSI is 85.401, creating a Sell signal.

Shopify Inc (SHOP) Commodity Channel Index (CCI) is 106.644, creating a Sell signal.

Shopify Inc (SHOP) Awesome Oscillator is 4.97, creating a Buy signal.

Shopify Inc (SHOP) Momentum is 12.43, creating a Buy signal.

Shopify Inc (SHOP) MACD is -0.746, creating a Sell signal.

Shopify Inc (SHOP) Moving Average

2026-03-10

Period	Simple	Signal
MA_5	131.5	Sell
MA_10	126.573	Buy
MA_20	122.721	Buy
MA_60	142.132	Sell
MA_200	139.89	Sell
MA_250	131.031	Sell

Shopify Inc (SHOP) 5-Day simple moving average is 131.5, while Shopify Inc (SHOP) share price is $129.36, making it a Sell.

Shopify Inc (SHOP) 10-Day simple moving average is 126.573, while Shopify Inc (SHOP) share price is $129.36, making it a Buy.

Shopify Inc (SHOP) 20-Day simple moving average is 122.721, while Shopify Inc (SHOP) share price is $129.36, making it a Buy.

Shopify Inc (SHOP) 60-Day simple moving average is 142.132, while Shopify Inc (SHOP) share price is $129.36, making it a Sell.

Shopify Inc (SHOP) 200-Day simple moving average is 139.89, while Shopify Inc (SHOP) share price is $129.36, making it a Sell.

Shopify Inc (SHOP) 250-Day simple moving average is 131.031, while Shopify Inc (SHOP) share price is $129.36, making it a Sell.

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Frequently Asked Questions

What is the current technical consensus for SHOP?

The overall technical consensus for Shopify Inc (SHOP) is currently Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 3 buy signals and 4 sell signals.

What are the key support and resistance levels for Shopify Inc (SHOP) today?

Based on pivot point calculations, Shopify Inc (SHOP) has an immediate support level at 114.027 and a major resistance level at 137.539. Traders also monitor the pivot point at 124.994 to determine the intraday trend direction.

Is Shopify Inc (SHOP) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Shopify Inc (SHOP) is currently 51.275. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Shopify Inc (SHOP)?

Shopify Inc (SHOP) Moving Averages Convergence Divergence (MACD) indicator is -0.746, suggesting SHOP is Sell. This indicator helps identify potential trend reversals or momentum shifts for Shopify Inc.

How is Shopify Inc (SHOP) performing relative to its 200-day moving average?

Shopify Inc (SHOP) is currently trading at $129.36, which is below its 200-day simple moving average of 139.89. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.