Shopify Inc (SHOP) stock chart and technical analysis

Indicator summary: Leaning bearish (1 bullish, 3 bearish, 1 neutral). As of 2026-09-18, the close was $128.50: 5.6% below the 50-day average and 1.4% below the 200-day average, which is falling. RSI (14) is 41, in its neutral range. MACD is bearish. The stock sits 39% of the way up its 52-week range of $94.00 to $182.19, on 1.4x its 20-day average volume.

Indicator	Reading	Read
50-day average	$136.08	Price 5.6% below
200-day average	$130.35	Price 1.4% below, average falling
50 vs 200-day	50 above 200	Golden-cross alignment
RSI (14)	41	Neutral range
MACD (12, 26, 9)	-3.27 vs -1.34	Line below signal
52-week range	$94.00 to $182.19	39% of the way up the range
Volume vs 20-day average	1.4x	Normal

What followed this setup for SHOP

When it closed below its 200-day average (558 days), it was higher 63 trading days later 65% of the time, median +14.1%.
When it closed below its 50-day average (1,056 days), it was higher 63 trading days later 66% of the time, median +15.8%.
When it had MACD below its signal line (1,312 days), it was higher 63 trading days later 67% of the time, median +11.0%.
All days since 2015 (2,786 days): higher 63 trading days later 67% of the time, median +10.4%.

Base rates use SHOP's own daily history since 2015; they describe the past, not a forecast.

ŷRobot chart signal: Hold, from the chart signal model.

SHOP analysis: AI score, fair value and forecast · Is it a bull or a bear market today? · All covered stocks

ŷRobot analysis is AI-generated and quality-gated; nothing here is investment advice.