US stock / ETF

Shopify Inc. Class A subordinate voting shares

SHOP · NASDAQ · USD

12 hoursBullish79%
12h Upside probability 79%Bullish

SHOP 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $116 and reclaim $164.97.

Invalidation Trigger

Lose $116 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateRange
Momentum mixed

RSI 55.6, MACD -1.411

12h
Volatility EnvironmentRange
Low volatility

ATR is $3.21 (2.15%)

12h

EMA Structure

Bullish
EMA 8$148.29Bullish
EMA 21$147.13Bullish
EMA 50$139.54Bullish

Signals

CategoryReadStrength
Momentum
RSI 55.6 · MACD -1.411

Momentum is strong

Strength
Range
Volatility
ATR $3.21 · BB 9.53%

Low volatility

Strength
Range
Volume
MFI 52.7 · OBV 10.38%

Relative to 20-period average volume

Strength
Range
Price Levels
$116 - $164.97

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+12.89% · 6.0 ATR above latest close

$168.18
Nearest resistance

+10.74% · 5.0 ATR above · 34-bar high

$164.97
Current price

Price shown is delayed

$148.97
Nearest support

-22.13% · 10.3 ATR below · 34-bar low

$116
Deeper support zone

-24.29% · 11.3 ATR below latest close

$112.79
ATR zone

Latest close ± ATR14

$145.77 - $152.18

Indicators

Trend

Dow Theory Structure

Confirmation $158.87, invalidation $144.37

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

Trend strength is active

31.4 / 26.0 / 30.2Bearish
Supertrend (10,3)

Price is above Supertrend

$139.26Bullish
Ichimoku Cloud

Cloud Span A / Span B

$145.15 / $138.07Bullish
Donchian Channel (20)

20-period breakout channel position

32%Range

Volatility

ATR (14)

Low volatility

$3.21 (2.15%)Range
Bollinger Bands (20,2)

Width 9.53%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$153.28 / $141.43Range
ATR channel lower / upper

Current Volatility Envelope

$145.77 / $152.18Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$164.97Range
Support

Nearest Downside Decision Level

$116Range

Momentum

RSI (14)

Momentum is strong

55.6Bullish
MACD (12,26,9)

Histogram is negative

-1.411Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

31.7 / 26.1Bullish
Williams %R (14)

Neutral zone

-68.3Range
CCI (20)

Balanced zone

-56.5Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.7Range
OBV slope

20-period OBV slope

10.38%Bullish
Volume ratio

Relative to 20-period average volume

1.64xBullish

Trend

Dow Theory Structure

Confirmation $158.87, invalidation $144.37

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

Trend strength is active

31.4 / 26.0 / 30.2Bearish
Supertrend (10,3)

Price is above Supertrend

$139.26Bullish
Ichimoku Cloud

Cloud Span A / Span B

$145.15 / $138.07Bullish
Donchian Channel (20)

20-period breakout channel position

32%Range

Momentum

RSI (14)

Momentum is strong

55.6Bullish
MACD (12,26,9)

Histogram is negative

-1.411Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

31.7 / 26.1Bullish
Williams %R (14)

Neutral zone

-68.3Range
CCI (20)

Balanced zone

-56.5Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$3.21 (2.15%)Range
Bollinger Bands (20,2)

Width 9.53%

37%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$153.28 / $141.43Range
ATR channel lower / upper

Current Volatility Envelope

$145.77 / $152.18Range

Volume / Money Flow

MFI (14)

Money flow is neutral

52.7Range
OBV slope

20-period OBV slope

10.38%Bullish
Volume ratio

Relative to 20-period average volume

1.64xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$164.97Range
Support

Nearest Downside Decision Level

$116Range

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