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Shopify (TSE:SHOP)
TSX:SHOP
Canadian Market

Shopify (SHOP) Technical Analysis

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2,675 Followers

Summary of all the Indicators

Overall Consensus
Neutral
8Bullish
6Neutral
8Bearish
Technical Analysis Consensus
Neutral
2Bullish
6Neutral
2Bearish
Moving Average Consensus
Neutral
6Bullish
0Neutral
6Bearish
Shopify’s (SHOP) Moving Averages Convergence Divergence (MACD) indicator is -11.08, suggesting Shopify is a Sell.
Shopify’s (SHOP) 20-Day exponential moving average is 172.53, while Shopify’s (SHOP) share price is C$172.89, making it a Buy.
Shopify’s (SHOP) 50-Day exponential moving average is 191.00, while Shopify’s (SHOP) share price is C$172.89, making it a Sell.

Shopify (SHOP) Pivot Points

Feb 23, 2026, 09:24 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
159.07
161.55
165.58
168.06
172.09
174.57
178.60
Fibonacci
161.55
164.04
165.57
168.06
170.55
172.08
174.57
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

Feb 23, 2026, 09:24 PM
Period
Simple
Exponential
MA5
163.55Buy
166.36Buy
MA10
161.50Buy
165.42Buy
MA20
169.58Buy
172.53Buy
MA50
201.81Sell
191.00Sell
MA100
212.00Sell
198.12Sell
MA200
191.49Sell
184.13Sell
Shopify’s (SHOP) 10-Day exponential moving average is 165.42, while Shopify’s (SHOP) share price is C$172.89, making it a Buy.
Shopify’s (SHOP) 100-Day exponential moving average is 198.12, while Shopify’s (SHOP) share price is C$172.89, making it a Sell.
Shopify’s (SHOP) stock price is C$172.89 and Shopify’s (SHOP) 50-day simple moving average is 201.81, creating a Sell signal.
Shopify’s (SHOP) stock price is C$172.89 and Shopify’s (SHOP) 100-day simple moving average is 212.00, creating a Sell signal.
Shopify’s (SHOP) stock price is C$172.89 and Shopify’s (SHOP) 200-day simple moving average is 191.49, creating a Sell signal.

Shopify (SHOP) Technical Indicators

Feb 23, 2026, 09:24 PM
Name
Value
Implied Action
RSI (14)
46.52
Neutral
STOCH (9,6)
57.29
Neutral
STOCHRSI (14)
54.85
Neutral
MACD (12,26)
-11.08
Sell
ADX (14)
37.07
Neutral
Williams %R
-35.84
Buy
CCI (14)
15.15
Neutral
ATR (14)
12.13
-
Ultimate Oscillator
47.12
Neutral
ROC
-3.24
Sell
Shopify’s (SHOP) Relative Strength Index (RSI) is 46.52, creating a Neutral signal.
Shopify’s (SHOP) Trend Strength Indicator (ADX) is 37.07, creating a Neutral signal.
Shopify’s (SHOP) Commodity Channel Index (CCI) is 15.15, creating a Neutral signal.
Shopify’s (SHOP) Price Rate of Change (ROC) is -3.24, creating a Sell 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 46.52, which suggests SHOP is a Neutral.
      What is SHOP’s MACD?
      SHOP’s MACD is -11.08, which suggests SHOP is a Sell.
        What is SHOP’s 5-day moving average?
        SHOP’s 5-day moving average is 163.55, which suggests SHOP is a Buy.
          What is SHOP’s 20-day moving average?
          SHOP 20-day moving average is 169.58, which suggests SHOP is a Buy.
            What is SHOP’s 50-day moving average?
            SHOP’s 50-day moving average is 201.81, which suggests SHOP is a Sell.
              What is SHOP’s 200-day moving average?
              SHOP’s 200-day moving average is 191.49, which suggests SHOP is a Sell.
                What is SHOP’s Williams % R (14)?
                SHOP’s Williams % R (14) is -35.84, which suggests SHOP is a Buy.
                  What is SHOP’s CCI (14)?
                  SHOP’s CCI (14) is 15.15, which suggests SHOP is a Neutral.