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 0.326, suggesting SHOP is Buy.

Shopify Inc (SHOP) 20-Day simple moving average is 118.206, while Shopify Inc (SHOP) share price is $131.15, making it Buy.

Shopify Inc (SHOP) 60-Day simple moving average is 122.801, while Shopify Inc (SHOP) share price is $131.15, making it Buy.

Technical Analysis for SHOP

Technical Sentiment Analysis for Shopify Inc (SHOP) As of 2026-04-17, Shopify Inc (SHOP) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 9 indicators are flashing buy, while 6 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SHOP stands at 61.127, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.326, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 90.768 and the Commodity Channel Index (CCI) at 240.805 further confirm a 12.9 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, SHOP is trading below its 60-day moving average of $122.801 and below its 200-day long-term moving average of $141.445. Key price levels to watch include the immediate resistance at $132.38 and strong support at $108.008. A break above $132.38 could signal a bull continuation, while falling below $108.008 may test the next Fibonacci floor at $96.291.

Shopify Inc (SHOP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	83.635	96.291	108.008	120.664	132.38	145.036	156.753
Fibonacci	96.291	105.602	111.354	120.664	129.974	135.726	145.036

Shopify Inc (SHOP) Technical Indicators

2026-04-17

Name	Value
RSI_14	61.127
STOCHk_14_3_3	90.768
STOCHd_14_3_3	76.147
CCI_20	240.805
AO_5_34	0.736
MOM_10	12.9
MACD_12_26_9	0.326

Shopify Inc (SHOP) Relative Strength Index (RSI) is 61.127, creating a Neutral signal.

Shopify Inc (SHOP) Stochastic Oscillator is 90.768, creating a Sell signal.

Shopify Inc (SHOP) Stochastic RSI is 76.147, creating a Neutral signal.

Shopify Inc (SHOP) Commodity Channel Index (CCI) is 240.805, creating a Sell signal.

Shopify Inc (SHOP) Awesome Oscillator is 0.736, creating a Buy signal.

Shopify Inc (SHOP) Momentum is 12.9, creating a Buy signal.

Shopify Inc (SHOP) MACD is 0.326, creating a Buy signal.

Shopify Inc (SHOP) Moving Average

2026-04-17

Period	Simple	Signal
MA_5	123.622	Buy
MA_10	119.724	Buy
MA_20	118.206	Buy
MA_60	122.801	Buy
MA_200	141.445	Sell
MA_250	133.981	Sell

Shopify Inc (SHOP) 5-Day simple moving average is 123.622, while Shopify Inc (SHOP) share price is $131.15, making it a Buy.

Shopify Inc (SHOP) 10-Day simple moving average is 119.724, while Shopify Inc (SHOP) share price is $131.15, making it a Buy.

Shopify Inc (SHOP) 20-Day simple moving average is 118.206, while Shopify Inc (SHOP) share price is $131.15, making it a Buy.

Shopify Inc (SHOP) 60-Day simple moving average is 122.801, while Shopify Inc (SHOP) share price is $131.15, making it a Buy.

Shopify Inc (SHOP) 200-Day simple moving average is 141.445, while Shopify Inc (SHOP) share price is $131.15, making it a Sell.

Shopify Inc (SHOP) 250-Day simple moving average is 133.981, while Shopify Inc (SHOP) share price is $131.15, 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 Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 5 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 108.008 and a major resistance level at 132.38. Traders also monitor the pivot point at 120.664 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 61.127. 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 0.326, suggesting SHOP is Buy. 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 $131.15, which is below its 200-day simple moving average of 141.445. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.