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 -11.877, suggesting SHOP.N is Strong sell.

Shopify Inc (SHOP.N) 20-Day simple moving average is 140.306, while Shopify Inc (SHOP.N) share price is $112.05, making it Sell.

Shopify Inc (SHOP.N) 60-Day simple moving average is 153.144, while Shopify Inc (SHOP.N) share price is $112.05, making it Sell.

Technical Analysis for SHOP

Technical Sentiment Analysis for Shopify Inc (SHOP) As of 2026-02-06, Shopify Inc (SHOP) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 5 indicators are flashing buy, while 9 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SHOP stands at 22.631, which suggests a Buy condition. Meanwhile, the MACD (12, 26) indicator is at -11.877, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 6.811 and the Commodity Channel Index (CCI) at -143.514 further confirm a -25.84 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, SHOP is trading above its 60-day moving average of $153.144 and above its 200-day long-term moving average of $137.559. Key price levels to watch include the immediate resistance at $144.924 and strong support at $109.571. A break above $144.924 could signal a bull continuation, while falling below $109.571 may test the next Fibonacci floor at $91.502.

Shopify Inc (SHOP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	74.218	91.502	109.571	126.856	144.924	162.209	180.278
Fibonacci	91.502	105.007	113.351	126.856	140.361	148.704	162.209

Shopify Inc (SHOP) Technical Indicators

2026-02-06

Name	Value
RSI_14	22.631
STOCHk_14_3_3	6.811
STOCHd_14_3_3	5.91
CCI_20	-143.514
AO_5_34	-32.652
MOM_10	-25.84
MACD_12_26_9	-11.877

Shopify Inc (SHOP) Relative Strength Index (RSI) is 22.631, creating a Buy signal.

Shopify Inc (SHOP) Stochastic Oscillator is 6.811, creating a Buy signal.

Shopify Inc (SHOP) Stochastic RSI is 5.91, creating a Buy signal.

Shopify Inc (SHOP) Commodity Channel Index (CCI) is -143.514, creating a Buy signal.

Shopify Inc (SHOP) Awesome Oscillator is -32.652, creating a Sell signal.

Shopify Inc (SHOP) Momentum is -25.84, creating a Sell signal.

Shopify Inc (SHOP) MACD is -11.877, creating a Sell signal.

Shopify Inc (SHOP) Moving Average

2026-02-06

Period	Simple	Signal
MA_5	117.76	Sell
MA_10	127.64	Sell
MA_20	140.306	Sell
MA_60	153.144	Sell
MA_200	137.559	Sell
MA_250	130.264	Sell

Shopify Inc (SHOP) 5-Day simple moving average is 117.76, while Shopify Inc (SHOP) share price is $112.05, making it a Sell.

Shopify Inc (SHOP) 10-Day simple moving average is 127.64, while Shopify Inc (SHOP) share price is $112.05, making it a Sell.

Shopify Inc (SHOP) 20-Day simple moving average is 140.306, while Shopify Inc (SHOP) share price is $112.05, making it a Sell.

Shopify Inc (SHOP) 60-Day simple moving average is 153.144, while Shopify Inc (SHOP) share price is $112.05, making it a Sell.

Shopify Inc (SHOP) 200-Day simple moving average is 137.559, while Shopify Inc (SHOP) share price is $112.05, making it a Sell.

Shopify Inc (SHOP) 250-Day simple moving average is 130.264, while Shopify Inc (SHOP) share price is $112.05, 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 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 109.571 and a major resistance level at 144.924. Traders also monitor the pivot point at 126.856 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 22.631. This indicates that the stock is in oversold 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 -11.877, 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 $112.05, which is below its 200-day simple moving average of 137.559. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.