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.N) Moving Averages Convergence Divergence (MACD) indicator is -6.938, suggesting SHOP.N is Buy.

Shopify Inc (SHOP.N) 20-Day simple moving average is 154.702, while Shopify Inc (SHOP.N) share price is $138.92, making it Sell.

Shopify Inc (SHOP.N) 60-Day simple moving average is 157.716, while Shopify Inc (SHOP.N) share price is $138.92, making it Sell.

Technical Analysis for SHOP

Technical Sentiment Analysis for Shopify Inc (SHOP) As of 2026-01-28, Shopify Inc (SHOP) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 8 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 32.005, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -6.938, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 8.074 and the Commodity Channel Index (CCI) at -96.898 further confirm a -28.52 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, SHOP is trading above its 60-day moving average of $157.716 and above its 200-day long-term moving average of $136.168. Key price levels to watch include the immediate resistance at $161.397 and strong support at $130.887. A break above $161.397 could signal a bull continuation, while falling below $130.887 may test the next Fibonacci floor at $117.514.

Shopify Inc (SHOP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	100.377	117.514	130.887	148.024	161.397	178.534	191.907
Fibonacci	117.514	129.168	136.369	148.024	159.678	166.879	178.534

Shopify Inc (SHOP) Technical Indicators

2026-01-28

Name	Value
RSI_14	32.005
STOCHk_14_3_3	8.074
STOCHd_14_3_3	6.701
CCI_20	-96.898
AO_5_34	-21.447
MOM_10	-28.52
MACD_12_26_9	-6.938

Shopify Inc (SHOP) Relative Strength Index (RSI) is 32.005, creating a Neutral signal.

Shopify Inc (SHOP) Stochastic Oscillator is 8.074, creating a Buy signal.

Shopify Inc (SHOP) Stochastic RSI is 6.701, creating a Buy signal.

Shopify Inc (SHOP) Commodity Channel Index (CCI) is -96.898, creating a Neutral signal.

Shopify Inc (SHOP) Awesome Oscillator is -21.447, creating a Sell signal.

Shopify Inc (SHOP) Momentum is -28.52, creating a Sell signal.

Shopify Inc (SHOP) MACD is -6.938, creating a Sell signal.

Shopify Inc (SHOP) Moving Average

2026-01-28

Period	Simple	Signal
MA_5	137.652	Buy
MA_10	144.261	Sell
MA_20	154.702	Sell
MA_60	157.716	Sell
MA_200	136.168	Buy
MA_250	130.119	Buy

Shopify Inc (SHOP) 5-Day simple moving average is 137.652, while Shopify Inc (SHOP) share price is $138.92, making it a Buy.

Shopify Inc (SHOP) 10-Day simple moving average is 144.261, while Shopify Inc (SHOP) share price is $138.92, making it a Sell.

Shopify Inc (SHOP) 20-Day simple moving average is 154.702, while Shopify Inc (SHOP) share price is $138.92, making it a Sell.

Shopify Inc (SHOP) 60-Day simple moving average is 157.716, while Shopify Inc (SHOP) share price is $138.92, making it a Sell.

Shopify Inc (SHOP) 200-Day simple moving average is 136.168, while Shopify Inc (SHOP) share price is $138.92, making it a Buy.

Shopify Inc (SHOP) 250-Day simple moving average is 130.119, while Shopify Inc (SHOP) share price is $138.92, making it a Buy.

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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 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 130.887 and a major resistance level at 161.397. Traders also monitor the pivot point at 148.024 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 32.005. 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 -6.938, 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 $138.92, which is above its 200-day simple moving average of 136.168. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.