US stock / ETF

Shopify Inc. Class A subordinate voting shares

SHOP · NASDAQ · USD

1 hourBullish61%
1h Upside probability 61%Bullish

SHOP 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $148 and reclaim $153.01.

Invalidation Trigger

Lose $148 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateRange
Momentum mixed

RSI 54.1, MACD -0.006

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.24 (0.82%)

1h

EMA Structure

Bullish
EMA 8$151.18Bearish
EMA 21$150.53Bullish
EMA 50$148.98Bullish

Signals

CategoryReadStrength
Momentum
RSI 54.1 · MACD -0.006

Neutral zone

Strength
Range
Volatility
ATR $1.24 · BB 3.07%

Low volatility

Strength
Bullish
Volume
MFI 37.7 · OBV -7.14%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$148 - $153.01

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+2.11% · 2.6 ATR above latest close

$154.25
Nearest resistance

+1.29% · 1.6 ATR above · 34-bar high

$153.01
Current price

Price shown is delayed

$151.06
Nearest support

-2.03% · 2.5 ATR below · 34-bar low

$148
Deeper support zone

-2.85% · 3.5 ATR below latest close

$146.76
ATR zone

Latest close ± ATR14

$149.82 - $152.3

Indicators

Trend

Dow Theory Structure

Confirmation $152.4, invalidation $150.28

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

Trend strength is active

30.6 / 33.6 / 17.6Bullish
Supertrend (10,3)

Price is above Supertrend

$147.41Bullish
Ichimoku Cloud

Cloud Span A / Span B

$150.88 / $147.72Bullish
Donchian Channel (20)

20-period breakout channel position

58%Range

Volatility

ATR (14)

Low volatility

$1.24 (0.82%)Bullish
Bollinger Bands (20,2)

Width 3.07%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$153.13 / $148.04Bullish
ATR channel lower / upper

Current Volatility Envelope

$149.82 / $152.3Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$153.01Range
Support

Nearest Downside Decision Level

$148Range

Momentum

RSI (14)

Neutral zone

54.1Range
MACD (12,26,9)

Histogram is negative

-0.006Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

56.4 / 59.8Bearish
Williams %R (14)

Neutral zone

-43.6Range
CCI (20)

Balanced zone

43.8Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

37.7Bearish
OBV slope

20-period OBV slope

-7.14%Bearish
Volume ratio

Relative to 20-period average volume

2.71xBullish

Trend

Dow Theory Structure

Confirmation $152.4, invalidation $150.28

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

Trend strength is active

30.6 / 33.6 / 17.6Bullish
Supertrend (10,3)

Price is above Supertrend

$147.41Bullish
Ichimoku Cloud

Cloud Span A / Span B

$150.88 / $147.72Bullish
Donchian Channel (20)

20-period breakout channel position

58%Range

Momentum

RSI (14)

Neutral zone

54.1Range
MACD (12,26,9)

Histogram is negative

-0.006Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

56.4 / 59.8Bearish
Williams %R (14)

Neutral zone

-43.6Range
CCI (20)

Balanced zone

43.8Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$1.24 (0.82%)Bullish
Bollinger Bands (20,2)

Width 3.07%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$153.13 / $148.04Bullish
ATR channel lower / upper

Current Volatility Envelope

$149.82 / $152.3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

37.7Bearish
OBV slope

20-period OBV slope

-7.14%Bearish
Volume ratio

Relative to 20-period average volume

2.71xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$153.01Range
Support

Nearest Downside Decision Level

$148Range

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