US stock / ETF

Shopify Inc. Class A subordinate voting shares

SHOP · NASDAQ · USD

1 dayBullish84%
Daily Upside probability 84%Bullish

SHOP 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $124.03 and reclaim $180.41.

Invalidation Trigger

Lose $124.03 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateRange
Momentum mixed

RSI 58.3, MACD -0.598

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $7.23 (4.29%)

Daily

EMA Structure

Bullish
EMA 8$170.52Bearish
EMA 21$163.95Bullish
EMA 50$152.63Bullish

Signals

CategoryReadStrength
Momentum
RSI 58.3 · MACD -0.598

Momentum is strong

Strength
Range
Volatility
ATR $7.23 · BB 27.26%

Medium volatility

Strength
Range
Volume
MFI 52.9 · OBV 45.83%

Relative to 20-period average volume

Strength
Range
Price Levels
$124.03 - $180.41

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+11.19% · 2.6 ATR above latest close

$187.64
Nearest resistance

+6.9% · 1.6 ATR above · 34-bar high

$180.41
Current price

Price shown is delayed

$168.76
Nearest support

-26.51% · 6.2 ATR below · 34-bar low

$124.03
Deeper support zone

-30.79% · 7.2 ATR below latest close

$116.8
ATR zone

Latest close ± ATR14

$161.53 - $175.99

Indicators

Trend

Dow Theory Structure

Confirmation $178.28, invalidation $163.25

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

48.8 / 26.8 / 17.8Bullish
Supertrend (10,3)

Price is above Supertrend

$144.51Bullish
Ichimoku Cloud

Cloud Span A / Span B

$162.72 / $152.22Bullish
Donchian Channel (20)

20-period breakout channel position

73%Bullish

Volatility

ATR (14)

Medium volatility

$7.23 (4.29%)Range
Bollinger Bands (20,2)

Width 27.26%

60%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$180.17 / $148.79Range
ATR channel lower / upper

Current Volatility Envelope

$161.53 / $175.99Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$180.41Range
Support

Nearest Downside Decision Level

$124.03Range

Momentum

RSI (14)

Momentum is strong

58.3Bullish
MACD (12,26,9)

Histogram is negative

-0.598Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

38.8 / 59.4Bearish
Williams %R (14)

Neutral zone

-61.2Range
CCI (20)

Balanced zone

29.1Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.9Range
OBV slope

20-period OBV slope

45.83%Bullish
Volume ratio

Relative to 20-period average volume

0.11xBearish

Trend

Dow Theory Structure

Confirmation $178.28, invalidation $163.25

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

48.8 / 26.8 / 17.8Bullish
Supertrend (10,3)

Price is above Supertrend

$144.51Bullish
Ichimoku Cloud

Cloud Span A / Span B

$162.72 / $152.22Bullish
Donchian Channel (20)

20-period breakout channel position

73%Bullish

Momentum

RSI (14)

Momentum is strong

58.3Bullish
MACD (12,26,9)

Histogram is negative

-0.598Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

38.8 / 59.4Bearish
Williams %R (14)

Neutral zone

-61.2Range
CCI (20)

Balanced zone

29.1Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Medium volatility

$7.23 (4.29%)Range
Bollinger Bands (20,2)

Width 27.26%

60%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$180.17 / $148.79Range
ATR channel lower / upper

Current Volatility Envelope

$161.53 / $175.99Range

Volume / Money Flow

MFI (14)

Money flow is neutral

52.9Range
OBV slope

20-period OBV slope

45.83%Bullish
Volume ratio

Relative to 20-period average volume

0.11xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$180.41Range
Support

Nearest Downside Decision Level

$124.03Range

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