US stock / ETF

Shopify Inc. Class A subordinate voting shares

SHOP · NASDAQ · USD

12 hoursBullish92%
12h Upside probability 92%Bullish

SHOP 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $124.03 and reclaim $153.01.

Invalidation Trigger

Lose $124.03 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 63.0, MACD 0.703

12h
Volatility EnvironmentRange
Medium volatility

ATR is $4.01 (2.65%)

12h

EMA Structure

Bullish
EMA 8$148.5Bullish
EMA 21$144.58Bullish
EMA 50$141.69Bullish

Signals

CategoryReadStrength
Momentum
RSI 63.0 · MACD 0.703

Momentum is strong

Strength
Bullish
Volatility
ATR $4.01 · BB 13.83%

Medium volatility

Strength
Range
Volume
MFI 75.4 · OBV 50.88%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$124.03 - $153.01

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.95% · 1.5 ATR above latest close

$157.02
Nearest resistance

+1.29% · 0.5 ATR above · 34-bar high

$153.01
Current price

Price shown is delayed

$151.06
Nearest support

-17.89% · 6.7 ATR below · 34-bar low

$124.03
Deeper support zone

-20.55% · 7.7 ATR below latest close

$120.02
ATR zone

Latest close ± ATR14

$147.05 - $155.07

Indicators

Trend

Dow Theory Structure

Confirmation $146.28, invalidation $136.84

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

Trend strength is moderate

17.7 / 28.5 / 14.5Bullish
Supertrend (10,3)

Price is above Supertrend

$139.96Bullish
Ichimoku Cloud

Cloud Span A / Span B

$142.42 / $140.26Bullish
Donchian Channel (20)

20-period breakout channel position

92%Bullish

Volatility

ATR (14)

Medium volatility

$4.01 (2.65%)Range
Bollinger Bands (20,2)

Width 13.83%

82%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$152.33 / $137.27Range
ATR channel lower / upper

Current Volatility Envelope

$147.05 / $155.07Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$153.01Range
Support

Nearest Downside Decision Level

$124.03Range

Momentum

RSI (14)

Momentum is strong

63.0Bullish
MACD (12,26,9)

Histogram is positive

0.703Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

87.9 / 83.4Bullish
Williams %R (14)

Overbought zone

-12.1Bearish
CCI (20)

Strong expansion

109.3Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

75.4Bullish
OBV slope

20-period OBV slope

50.88%Bullish
Volume ratio

Relative to 20-period average volume

0.95xRange

Trend

Dow Theory Structure

Confirmation $146.28, invalidation $136.84

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

Trend strength is moderate

17.7 / 28.5 / 14.5Bullish
Supertrend (10,3)

Price is above Supertrend

$139.96Bullish
Ichimoku Cloud

Cloud Span A / Span B

$142.42 / $140.26Bullish
Donchian Channel (20)

20-period breakout channel position

92%Bullish

Momentum

RSI (14)

Momentum is strong

63.0Bullish
MACD (12,26,9)

Histogram is positive

0.703Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

87.9 / 83.4Bullish
Williams %R (14)

Overbought zone

-12.1Bearish
CCI (20)

Strong expansion

109.3Bullish
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Medium volatility

$4.01 (2.65%)Range
Bollinger Bands (20,2)

Width 13.83%

82%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$152.33 / $137.27Range
ATR channel lower / upper

Current Volatility Envelope

$147.05 / $155.07Range

Volume / Money Flow

MFI (14)

Money flow is strong

75.4Bullish
OBV slope

20-period OBV slope

50.88%Bullish
Volume ratio

Relative to 20-period average volume

0.95xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$153.01Range
Support

Nearest Downside Decision Level

$124.03Range

Related Forecasts