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 -10.883, suggesting SHOP is Sell.

Shopify Inc (SHOP) 20-Day simple moving average is 126.811, while Shopify Inc (SHOP) share price is $119.995, making it Sell.

Shopify Inc (SHOP) 60-Day simple moving average is 150.027, while Shopify Inc (SHOP) share price is $119.995, making it Sell.

Technical Analysis for SHOP

Technical Sentiment Analysis for Shopify Inc (SHOP) As of 2026-02-17, Shopify Inc (SHOP) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 4 indicators are flashing buy, while 7 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SHOP stands at 34.452, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -10.883, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 18.817 and the Commodity Channel Index (CCI) at -81.978 further confirm a -18.66 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, SHOP is trading above its 60-day moving average of $150.027 and above its 200-day long-term moving average of $138.187. Key price levels to watch include the immediate resistance at $134.95 and strong support at $100.77. A break above $134.95 could signal a bull continuation, while falling below $100.77 may test the next Fibonacci floor at $85.755.

Shopify Inc (SHOP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	66.59	85.755	100.77	119.935	134.95	154.115	169.13
Fibonacci	85.755	98.812	106.878	119.935	132.992	141.058	154.115

Shopify Inc (SHOP) Technical Indicators

2026-02-17

Name	Value
RSI_14	34.452
STOCHk_14_3_3	18.817
STOCHd_14_3_3	23.758
CCI_20	-81.978
AO_5_34	-25.15
MOM_10	-18.66
MACD_12_26_9	-10.883

Shopify Inc (SHOP) Relative Strength Index (RSI) is 34.452, creating a Neutral signal.

Shopify Inc (SHOP) Stochastic Oscillator is 18.817, creating a Buy signal.

Shopify Inc (SHOP) Stochastic RSI is 23.758, creating a Neutral signal.

Shopify Inc (SHOP) Commodity Channel Index (CCI) is -81.978, creating a Neutral signal.

Shopify Inc (SHOP) Awesome Oscillator is -25.15, creating a Sell signal.

Shopify Inc (SHOP) Momentum is -18.66, creating a Sell signal.

Shopify Inc (SHOP) MACD is -10.883, creating a Sell signal.

Shopify Inc (SHOP) Moving Average

2026-02-17

Period	Simple	Signal
MA_5	116.57	Buy
MA_10	115.785	Buy
MA_20	126.811	Sell
MA_60	150.027	Sell
MA_200	138.187	Sell
MA_250	130.072	Sell

Shopify Inc (SHOP) 5-Day simple moving average is 116.57, while Shopify Inc (SHOP) share price is $119.995, making it a Buy.

Shopify Inc (SHOP) 10-Day simple moving average is 115.785, while Shopify Inc (SHOP) share price is $119.995, making it a Buy.

Shopify Inc (SHOP) 20-Day simple moving average is 126.811, while Shopify Inc (SHOP) share price is $119.995, making it a Sell.

Shopify Inc (SHOP) 60-Day simple moving average is 150.027, while Shopify Inc (SHOP) share price is $119.995, making it a Sell.

Shopify Inc (SHOP) 200-Day simple moving average is 138.187, while Shopify Inc (SHOP) share price is $119.995, making it a Sell.

Shopify Inc (SHOP) 250-Day simple moving average is 130.072, while Shopify Inc (SHOP) share price is $119.995, 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 2 buy signals and 3 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 100.77 and a major resistance level at 134.95. Traders also monitor the pivot point at 119.935 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 34.452. 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 -10.883, 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 $119.995, which is below its 200-day simple moving average of 138.187. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.