US stock / ETF

Shopify Inc. Class A subordinate voting shares

SHOP · NASDAQ · USD

12 hoursBullish63%
12h Upside probability 63%Bullish

SHOP 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $94.02 and reclaim $124.62.

Invalidation Trigger

Lose $94.02 and MACD turns lower again.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 52.5, MACD 0.059

12h
Volatility EnvironmentRange
Medium volatility

ATR is $5.42 (4.81%)

12h

EMA Structure

Bearish
EMA 8$110.05Bullish
EMA 21$110.48Bullish
EMA 50$113.46Bearish

Signals

CategoryReadStrength
Momentum
RSI 52.5 · MACD 0.059

Neutral zone

Strength
Bullish
Volatility
ATR $5.42 · BB 15.41%

Medium volatility

Strength
Range
Volume
MFI 54.0 · OBV 8.17%

Relative to 20-period average volume

Strength
Range
Price Levels
$94.02 - $124.62

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+15.37% · 3.2 ATR above latest close

$130.04
Nearest resistance

+10.56% · 2.2 ATR above · 34-bar high

$124.62
Current price

Price shown is delayed

$112.72
Nearest support

-16.59% · 3.4 ATR below · 34-bar low

$94.02
Deeper support zone

-21.4% · 4.4 ATR below latest close

$88.6
ATR zone

Latest close ± ATR14

$107.3 - $118.14

Indicators

Trend

Dow Theory Structure

Confirmation $115.29, invalidation $106.05

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

Trend strength is active

24.2 / 18.4 / 23.7Bearish
Supertrend (10,3)

Price is above Supertrend

$96.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

$110.73 / $115.63Bearish
Donchian Channel (20)

20-period breakout channel position

42%Range

Volatility

ATR (14)

Medium volatility

$5.42 (4.81%)Range
Bollinger Bands (20,2)

Width 15.41%

54%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$120.18 / $100.69Range
ATR channel lower / upper

Current Volatility Envelope

$107.3 / $118.14Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$124.62Range
Support

Nearest Downside Decision Level

$94.02Range

Momentum

RSI (14)

Neutral zone

52.5Range
MACD (12,26,9)

Histogram is positive

0.059Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

63.1 / 37.2Bullish
Williams %R (14)

Neutral zone

-36.9Range
CCI (20)

Balanced zone

-12.6Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.0Range
OBV slope

20-period OBV slope

8.17%Bullish
Volume ratio

Relative to 20-period average volume

0.75xBearish

Trend

Dow Theory Structure

Confirmation $115.29, invalidation $106.05

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

Trend strength is active

24.2 / 18.4 / 23.7Bearish
Supertrend (10,3)

Price is above Supertrend

$96.06Bullish
Ichimoku Cloud

Cloud Span A / Span B

$110.73 / $115.63Bearish
Donchian Channel (20)

20-period breakout channel position

42%Range

Momentum

RSI (14)

Neutral zone

52.5Range
MACD (12,26,9)

Histogram is positive

0.059Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

63.1 / 37.2Bullish
Williams %R (14)

Neutral zone

-36.9Range
CCI (20)

Balanced zone

-12.6Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Medium volatility

$5.42 (4.81%)Range
Bollinger Bands (20,2)

Width 15.41%

54%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$120.18 / $100.69Range
ATR channel lower / upper

Current Volatility Envelope

$107.3 / $118.14Range

Volume / Money Flow

MFI (14)

Money flow is neutral

54.0Range
OBV slope

20-period OBV slope

8.17%Bullish
Volume ratio

Relative to 20-period average volume

0.75xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$124.62Range
Support

Nearest Downside Decision Level

$94.02Range

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