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Shopify (TSE:SHOP)
TSX:SHOP
Canadian Market

Shopify (SHOP) Technical Analysis

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2,702 Followers

Summary of all the Indicators

Overall Consensus
Neutral
8Bullish
5Neutral
9Bearish
Technical Analysis Consensus
Neutral
3Bullish
5Neutral
2Bearish
Moving Average Consensus
Sell
5Bullish
0Neutral
7Bearish
Shopify’s (SHOP) Moving Averages Convergence Divergence (MACD) indicator is -1.16, suggesting Shopify is a Sell.
Shopify’s (SHOP) 20-Day exponential moving average is 172.60, while Shopify’s (SHOP) share price is C$173.21, making it a Buy.
Shopify’s (SHOP) 50-Day exponential moving average is 181.93, while Shopify’s (SHOP) share price is C$173.21, making it a Sell.

Shopify (SHOP) Pivot Points

Mar 17, 2026, 08:19 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
154.68
160.59
164.71
170.62
174.74
180.65
184.77
Fibonacci
160.59
164.42
166.79
170.62
174.45
176.82
180.65
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Shopify (SHOP) Moving Averages

Mar 17, 2026, 08:19 PM
Period
Simple
Exponential
MA5
173.15Buy
173.02Buy
MA10
175.16Sell
172.95Buy
MA20
170.07Buy
172.60Buy
MA50
184.02Sell
181.93Sell
MA100
204.16Sell
190.59Sell
MA200
193.72Sell
181.42Sell
Shopify’s (SHOP) 10-Day exponential moving average is 172.95, while Shopify’s (SHOP) share price is C$173.21, making it a Buy.
Shopify’s (SHOP) 100-Day exponential moving average is 190.59, while Shopify’s (SHOP) share price is C$173.21, making it a Sell.
Shopify’s (SHOP) stock price is C$173.21 and Shopify’s (SHOP) 50-day simple moving average is 184.02, creating a Sell signal.
Shopify’s (SHOP) stock price is C$173.21 and Shopify’s (SHOP) 100-day simple moving average is 204.16, creating a Sell signal.
Shopify’s (SHOP) stock price is C$173.21 and Shopify’s (SHOP) 200-day simple moving average is 193.72, creating a Sell signal.

Shopify (SHOP) Technical Indicators

Mar 17, 2026, 08:19 PM
Name
Value
Implied Action
RSI (14)
49.33
Neutral
STOCH (9,6)
46.04
Neutral
STOCHRSI (14)
54.38
Neutral
MACD (12,26)
-1.16
Sell
ADX (14)
16.62
Buy
Williams %R
-39.53
Buy
CCI (14)
33.74
Neutral
ATR (14)
10.06
-
Ultimate Oscillator
45.21
Neutral
ROC
7.95
Buy
Shopify’s (SHOP) Relative Strength Index (RSI) is 49.33, creating a Neutral signal.
Shopify’s (SHOP) Trend Strength Indicator (ADX) is 16.62, creating a Buy signal.
Shopify’s (SHOP) Commodity Channel Index (CCI) is 33.74, creating a Neutral signal.
Shopify’s (SHOP) Price Rate of Change (ROC) is 7.95, creating a Buy signal.

FAQ

Is SHOP a Buy, Hold, or Sell?
Based on SHOP’s technical indicators, SHOP is a Hold.
    What is SHOP’s RSI (14)?
    SHOP’s RSI (14) is 49.33, which suggests SHOP is a Neutral.
      What is SHOP’s MACD?
      SHOP’s MACD is -1.16, which suggests SHOP is a Sell.
        What is SHOP’s 5-day moving average?
        SHOP’s 5-day moving average is 173.15, which suggests SHOP is a Buy.
          What is SHOP’s 20-day moving average?
          SHOP 20-day moving average is 170.07, which suggests SHOP is a Buy.
            What is SHOP’s 50-day moving average?
            SHOP’s 50-day moving average is 184.02, which suggests SHOP is a Sell.
              What is SHOP’s 200-day moving average?
              SHOP’s 200-day moving average is 193.72, which suggests SHOP is a Sell.
                What is SHOP’s Williams % R (14)?
                SHOP’s Williams % R (14) is -39.53, which suggests SHOP is a Buy.
                  What is SHOP’s CCI (14)?
                  SHOP’s CCI (14) is 33.74, which suggests SHOP is a Neutral.