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 -0.593, suggesting SHOP is Strong Sell.

Shopify Inc (SHOP) 20-Day simple moving average is 111.176, while Shopify Inc (SHOP) share price is $108.85, making it Sell.

Shopify Inc (SHOP) 60-Day simple moving average is 114.415, while Shopify Inc (SHOP) share price is $108.85, making it Sell.

Technical Analysis for SHOP

Technical Sentiment Analysis for Shopify Inc (SHOP) As of 2026-06-18, Shopify Inc (SHOP) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 3 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 47.18, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.593, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 28.987 and the Commodity Channel Index (CCI) at -52.755 further confirm a -7.19 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, SHOP is trading below its 60-day moving average of $114.415 and below its 200-day long-term moving average of $137.589. Key price levels to watch include the immediate resistance at $116.624 and strong support at $103.774. A break above $116.624 could signal a bull continuation, while falling below $103.774 may test the next Fibonacci floor at $97.517.

Shopify Inc (SHOP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	90.924	97.517	103.774	110.367	116.624	123.217	129.474
Fibonacci	97.517	102.426	105.458	110.367	115.276	118.308	123.217

Shopify Inc (SHOP) Technical Indicators

2026-06-18

Name	Value
RSI_14	47.18
STOCHk_14_3_3	28.987
STOCHd_14_3_3	33.903
CCI_20	-52.755
AO_5_34	1.377
MOM_10	-7.19
MACD_12_26_9	-0.593

Shopify Inc (SHOP) Relative Strength Index (RSI) is 47.18, creating a Neutral signal.

Shopify Inc (SHOP) Stochastic Oscillator is 28.987, creating a Neutral signal.

Shopify Inc (SHOP) Stochastic RSI is 33.903, creating a Neutral signal.

Shopify Inc (SHOP) Commodity Channel Index (CCI) is -52.755, creating a Neutral signal.

Shopify Inc (SHOP) Awesome Oscillator is 1.377, creating a Buy signal.

Shopify Inc (SHOP) Momentum is -7.19, creating a Sell signal.

Shopify Inc (SHOP) MACD is -0.593, creating a Sell signal.

Shopify Inc (SHOP) Moving Average

2026-06-18

Period	Simple	Signal
MA_5	110.18	Sell
MA_10	110.031	Sell
MA_20	111.176	Sell
MA_60	114.415	Sell
MA_200	137.589	Sell
MA_250	135.747	Sell

Shopify Inc (SHOP) 5-Day simple moving average is 110.18, while Shopify Inc (SHOP) share price is $108.85, making it a Sell.

Shopify Inc (SHOP) 10-Day simple moving average is 110.031, while Shopify Inc (SHOP) share price is $108.85, making it a Sell.

Shopify Inc (SHOP) 20-Day simple moving average is 111.176, while Shopify Inc (SHOP) share price is $108.85, making it a Sell.

Shopify Inc (SHOP) 60-Day simple moving average is 114.415, while Shopify Inc (SHOP) share price is $108.85, making it a Sell.

Shopify Inc (SHOP) 200-Day simple moving average is 137.589, while Shopify Inc (SHOP) share price is $108.85, making it a Sell.

Shopify Inc (SHOP) 250-Day simple moving average is 135.747, while Shopify Inc (SHOP) share price is $108.85, 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 Strong Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 3 buy signals and 2 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 103.774 and a major resistance level at 116.624. Traders also monitor the pivot point at 110.367 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 47.18. 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 -0.593, suggesting SHOP is Strong 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 $108.85, which is below its 200-day simple moving average of 137.589. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.