US stock / ETF

Shopify Inc. Class A subordinate voting shares

SHOP · NASDAQ · USD

1 dayBullish92%
Daily Upside probability 92%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 $102.32 and reclaim $130.75.

Invalidation Trigger

Lose $102.32 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 61.3, MACD 1.029

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $6.02 (4.81%)

Daily

EMA Structure

Bullish
EMA 8$121.8Bullish
EMA 21$117.71Bullish
EMA 50$115.95Bullish

Signals

CategoryReadStrength
Momentum
RSI 61.3 · MACD 1.029

Momentum is strong

Strength
Bullish
Volatility
ATR $6.02 · BB 19.42%

Medium volatility

Strength
Range
Volume
MFI 78.1 · OBV 1.51%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$102.32 - $130.75

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+9.41% · 2.0 ATR above latest close

$136.77
Nearest resistance

+4.6% · 1.0 ATR above · 34-bar high

$130.75
Current price

Price shown is delayed

$125
Nearest support

-18.14% · 3.8 ATR below · 34-bar low

$102.32
Deeper support zone

-22.96% · 4.8 ATR below latest close

$96.3
ATR zone

Latest close ± ATR14

$118.98 - $131.02

Indicators

Trend

Dow Theory Structure

Confirmation $130.75, invalidation $115.17

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

36.6 / 40.9 / 15.4Bullish
Supertrend (10,3)

Price is above Supertrend

$105.18Bullish
Ichimoku Cloud

Cloud Span A / Span B

$120.2 / $112.38Bullish
Donchian Channel (20)

20-period breakout channel position

77%Bullish

Volatility

ATR (14)

Medium volatility

$6.02 (4.81%)Range
Bollinger Bands (20,2)

Width 19.42%

89%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$129.77 / $106.08Range
ATR channel lower / upper

Current Volatility Envelope

$118.98 / $131.02Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$130.75Range
Support

Nearest Downside Decision Level

$102.32Range

Momentum

RSI (14)

Momentum is strong

61.3Bullish
MACD (12,26,9)

Histogram is positive

1.029Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

76.1 / 72.6Bullish
Williams %R (14)

Neutral zone

-23.9Range
CCI (20)

Strong expansion

101.8Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

78.1Bullish
OBV slope

20-period OBV slope

1.51%Bullish
Volume ratio

Relative to 20-period average volume

0.29xBearish

Trend

Dow Theory Structure

Confirmation $130.75, invalidation $115.17

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

36.6 / 40.9 / 15.4Bullish
Supertrend (10,3)

Price is above Supertrend

$105.18Bullish
Ichimoku Cloud

Cloud Span A / Span B

$120.2 / $112.38Bullish
Donchian Channel (20)

20-period breakout channel position

77%Bullish

Momentum

RSI (14)

Momentum is strong

61.3Bullish
MACD (12,26,9)

Histogram is positive

1.029Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

76.1 / 72.6Bullish
Williams %R (14)

Neutral zone

-23.9Range
CCI (20)

Strong expansion

101.8Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Medium volatility

$6.02 (4.81%)Range
Bollinger Bands (20,2)

Width 19.42%

89%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$129.77 / $106.08Range
ATR channel lower / upper

Current Volatility Envelope

$118.98 / $131.02Range

Volume / Money Flow

MFI (14)

Money flow is strong

78.1Bullish
OBV slope

20-period OBV slope

1.51%Bullish
Volume ratio

Relative to 20-period average volume

0.29xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$130.75Range
Support

Nearest Downside Decision Level

$102.32Range

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