US stock / ETF

Shopify Inc. Class A subordinate voting shares

SHOP · NASDAQ · USD

1 dayBullish88%
Daily Upside probability 88%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 $111.06 and reclaim $158.87.

Invalidation Trigger

Lose $111.06 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateRange
Momentum mixed

RSI 61.0, MACD -0.516

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $6.74 (4.51%)

Daily

EMA Structure

Bullish
EMA 8$148.53Bullish
EMA 21$142.17Bullish
EMA 50$132Bullish

Signals

CategoryReadStrength
Momentum
RSI 61.0 · MACD -0.516

Momentum is strong

Strength
Range
Volatility
ATR $6.74 · BB 35.83%

Medium volatility

Strength
Range
Volume
MFI 58.2 · OBV 26.71%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$111.06 - $158.87

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+10.96% · 2.4 ATR above latest close

$165.61
Nearest resistance

+6.45% · 1.4 ATR above · 34-bar high

$158.87
Current price

Price shown is delayed

$149.25
Nearest support

-25.59% · 5.7 ATR below · 34-bar low

$111.06
Deeper support zone

-30.1% · 6.7 ATR below latest close

$104.32
ATR zone

Latest close ± ATR14

$142.51 - $155.99

Indicators

Trend

Dow Theory Structure

Confirmation $158.87, invalidation $144.12

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

Trend strength is active

48.2 / 48.6 / 15.1Bullish
Supertrend (10,3)

Price is above Supertrend

$132.75Bullish
Ichimoku Cloud

Cloud Span A / Span B

$143.23 / $131.49Bullish
Donchian Channel (20)

20-period breakout channel position

78%Bullish

Volatility

ATR (14)

Medium volatility

$6.74 (4.51%)Range
Bollinger Bands (20,2)

Width 35.83%

64%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$152.37 / $133Range
ATR channel lower / upper

Current Volatility Envelope

$142.51 / $155.99Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$158.87Range
Support

Nearest Downside Decision Level

$111.06Range

Momentum

RSI (14)

Momentum is strong

61.0Bullish
MACD (12,26,9)

Histogram is negative

-0.516Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

42.6 / 63.4Bearish
Williams %R (14)

Neutral zone

-57.4Range
CCI (20)

Balanced zone

35.4Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

58.2Bullish
OBV slope

20-period OBV slope

26.71%Bullish
Volume ratio

Relative to 20-period average volume

0.56xBearish

Trend

Dow Theory Structure

Confirmation $158.87, invalidation $144.12

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

Trend strength is active

48.2 / 48.6 / 15.1Bullish
Supertrend (10,3)

Price is above Supertrend

$132.75Bullish
Ichimoku Cloud

Cloud Span A / Span B

$143.23 / $131.49Bullish
Donchian Channel (20)

20-period breakout channel position

78%Bullish

Momentum

RSI (14)

Momentum is strong

61.0Bullish
MACD (12,26,9)

Histogram is negative

-0.516Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

42.6 / 63.4Bearish
Williams %R (14)

Neutral zone

-57.4Range
CCI (20)

Balanced zone

35.4Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Medium volatility

$6.74 (4.51%)Range
Bollinger Bands (20,2)

Width 35.83%

64%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$152.37 / $133Range
ATR channel lower / upper

Current Volatility Envelope

$142.51 / $155.99Range

Volume / Money Flow

MFI (14)

Money flow is strong

58.2Bullish
OBV slope

20-period OBV slope

26.71%Bullish
Volume ratio

Relative to 20-period average volume

0.56xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$158.87Range
Support

Nearest Downside Decision Level

$111.06Range

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