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Shopify (TSE:SHOP)
TSX:SHOP
Canadian Market

Shopify (SHOP) Technical Analysis

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Summary of all the Indicators

Overall Consensus
Sell
5Bullish
3Neutral
14Bearish
Technical Analysis Consensus
Buy
5Bullish
3Neutral
2Bearish
Moving Average Consensus
Strong Sell
0Bullish
0Neutral
12Bearish
Shopify’s (SHOP) Moving Averages Convergence Divergence (MACD) indicator is -11.24, suggesting Shopify is a Buy.
Shopify’s (SHOP) 20-Day exponential moving average is 201.04, while Shopify’s (SHOP) share price is C$180.62, making it a Sell.
Shopify’s (SHOP) 50-Day exponential moving average is 211.44, while Shopify’s (SHOP) share price is C$180.62, making it a Sell.

Shopify (SHOP) Pivot Points

Feb 03, 2026, 01:26 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
159.27
168.34
173.51
182.58
187.75
196.82
201.99
Fibonacci
168.34
173.78
177.14
182.58
188.02
191.38
196.82
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 03, 2026, 01:26 PM
Period
Simple
Exponential
MA5
185.65Sell
184.98Sell
MA10
188.56Sell
191.15Sell
MA20
207.36Sell
201.04Sell
MA50
216.97Sell
211.44Sell
MA100
217.67Sell
209.54Sell
MA200
189.39Sell
189.42Sell
Shopify’s (SHOP) 10-Day exponential moving average is 191.15, while Shopify’s (SHOP) share price is C$180.62, making it a Sell.
Shopify’s (SHOP) 100-Day exponential moving average is 209.54, while Shopify’s (SHOP) share price is C$180.62, making it a Sell.
Shopify’s (SHOP) stock price is C$180.62 and Shopify’s (SHOP) 50-day simple moving average is 216.97, creating a Sell signal.
Shopify’s (SHOP) stock price is C$180.62 and Shopify’s (SHOP) 100-day simple moving average is 217.67, creating a Sell signal.
Shopify’s (SHOP) stock price is C$180.62 and Shopify’s (SHOP) 200-day simple moving average is 189.39, creating a Sell signal.

Shopify (SHOP) Technical Indicators

Feb 03, 2026, 01:26 PM
Name
Value
Implied Action
RSI (14)
29.35
Buy
STOCH (9,6)
15.55
Buy
STOCHRSI (14)
8.44
Buy
MACD (12,26)
-11.24
Buy
ADX (14)
33.46
Neutral
Williams %R
-93.88
Buy
CCI (14)
-95.46
Neutral
ATR (14)
8.69
-
Ultimate Oscillator
34.92
Neutral
ROC
-22.29
Sell
Shopify’s (SHOP) Relative Strength Index (RSI) is 29.35, creating a Buy signal.
Shopify’s (SHOP) Trend Strength Indicator (ADX) is 33.46, creating a Neutral signal.
Shopify’s (SHOP) Commodity Channel Index (CCI) is -95.46, creating a Neutral signal.
Shopify’s (SHOP) Price Rate of Change (ROC) is -22.29, creating a Sell signal.

FAQ

Is SHOP a Buy, Hold, or Sell?
Based on SHOP’s technical indicators, SHOP is a Sell.
    What is SHOP’s RSI (14)?
    SHOP’s RSI (14) is 29.35, which suggests SHOP is a Buy.
      What is SHOP’s MACD?
      SHOP’s MACD is -11.24, which suggests SHOP is a Buy.
        What is SHOP’s 5-day moving average?
        SHOP’s 5-day moving average is 185.65, which suggests SHOP is a Sell.
          What is SHOP’s 20-day moving average?
          SHOP 20-day moving average is 207.36, which suggests SHOP is a Sell.
            What is SHOP’s 50-day moving average?
            SHOP’s 50-day moving average is 216.97, which suggests SHOP is a Sell.
              What is SHOP’s 200-day moving average?
              SHOP’s 200-day moving average is 189.39, which suggests SHOP is a Sell.
                What is SHOP’s Williams % R (14)?
                SHOP’s Williams % R (14) is -93.88, which suggests SHOP is a Buy.
                  What is SHOP’s CCI (14)?
                  SHOP’s CCI (14) is -95.46, which suggests SHOP is a Neutral.