US stock / ETF

Shopify Inc. Class A subordinate voting shares

SHOP · NASDAQ · USD

3 monthsBullish84%
3M Upside probability 84%Bullish

SHOP 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $23.63 and reclaim $182.19.

Invalidation Trigger

Lose $23.63 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 63.3, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $37.07 (24.49%)

3M

EMA Structure

Range
EMA 8$129.23Bullish
EMA 21$107.91Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 63.3 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $37.07 · BB 183.42%

High volatility

Strength
Bearish
Volume
MFI 62.9 · OBV -11.94%

Relative to 20-period average volume

Strength
Range
Price Levels
$23.63 - $182.19

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+44.83% · 1.8 ATR above latest close

$219.26
Nearest resistance

+20.34% · 0.8 ATR above · 30-bar high

$182.19
Current price

Price shown is delayed

$151.39
Nearest support

-84.39% · 3.4 ATR below · 30-bar low

$23.63
Deeper support zone

-108.88% · 4.4 ATR below latest close

-$13.44
ATR zone

Latest close ± ATR14

$114.32 - $188.46

Indicators

Trend

Dow Theory Structure

Confirmation $182.19, invalidation $94

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

Trend strength is active

22.8 / 30.6 / 16.1Bullish
Supertrend (10,3)

Price is above Supertrend

$24.58Bullish
Ichimoku Cloud

Cloud Span A / Span B

$114.46 / --Bullish
Donchian Channel (20)

20-period breakout channel position

81%Bullish

Volatility

ATR (14)

High volatility

$37.07 (24.49%)Bearish
Bollinger Bands (20,2)

Width 183.42%

88%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$193.06 / $25.15Bearish
ATR channel lower / upper

Current Volatility Envelope

$114.32 / $188.46Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$182.19Range
Support

Nearest Downside Decision Level

$23.63Range

Momentum

RSI (14)

Momentum is strong

63.3Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

77.5 / 69.0Bullish
Williams %R (14)

Neutral zone

-22.5Range
CCI (20)

Strong expansion

121.0Bullish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

62.9Bullish
OBV slope

20-period OBV slope

-11.94%Bearish
Volume ratio

Relative to 20-period average volume

0.01xBearish

Trend

Dow Theory Structure

Confirmation $182.19, invalidation $94

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

Trend strength is active

22.8 / 30.6 / 16.1Bullish
Supertrend (10,3)

Price is above Supertrend

$24.58Bullish
Ichimoku Cloud

Cloud Span A / Span B

$114.46 / --Bullish
Donchian Channel (20)

20-period breakout channel position

81%Bullish

Momentum

RSI (14)

Momentum is strong

63.3Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

77.5 / 69.0Bullish
Williams %R (14)

Neutral zone

-22.5Range
CCI (20)

Strong expansion

121.0Bullish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$37.07 (24.49%)Bearish
Bollinger Bands (20,2)

Width 183.42%

88%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$193.06 / $25.15Bearish
ATR channel lower / upper

Current Volatility Envelope

$114.32 / $188.46Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

62.9Bullish
OBV slope

20-period OBV slope

-11.94%Bearish
Volume ratio

Relative to 20-period average volume

0.01xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$182.19Range
Support

Nearest Downside Decision Level

$23.63Range

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