SHOP (SHOP) — Uptrend in force
SHOP (SHOP) is trading at $150.19, +33.04 (+28.2%) on the session. Over the last 125 sessions the trend is up with a +26.9% move. Price is +0.0% from its 6-month high and +57.4% from its 6-month low. Annualised volatility (30-day) is ~71%.
Probability scenarios
Bullish bias — 5 bullish, 3 bearish, 0 neutral of 8 signals.
Trend Strong uptrend in force
SHOP (SHOP) is trading at $150.19. Over the last 125 sessions the trend is **up** with a +26.9% move.
Price is 0.0% from the 6-month high and +57.4% from the low. Annualised volatility (30-day) is ~71%.
Price is above the 15-day MA ($126.65, +18.6%) and above the 50-day SMA ($119.22).
Bollinger Bands Momentum extension — closing above the upper band
Bollinger Bands (20, 2): price is at $150.19, upper $146.19, middle $126.12, lower $106.04. Price is momentum extension — closing above the upper band.
Bandwidth is 31.8% of price — expanded (high volatility). Width contraction often precedes a directional breakout; expansion confirms one underway.
RSI (14) Overbought
RSI(14) is 70.9. Strong but not yet extreme — approaching the 80 line.
Generally: above 70 = overheated, above 50 = bullish trend, below 50 = bearish trend, below 30 = oversold.
MACD (12, 26, 9) Bullish — fast line above signal
MACD (12, 26, 9): line $5.92, signal $3.22, histogram +2.702.
The fast line is above the signal line and the histogram is positive — a bullish configuration. Momentum is expanding.
Volume Analysis Distribution — sellers in control
Down-day volume exceeds up-day volume (ratio 0.74). Price falls on heavier volume than it rises on — sellers are more aggressive than buyers.
Rule of thumb: price up on high volume = accumulation; price down on high volume = distribution. Low-volume pullbacks after a rally are usually profit-taking, not panic.
Smart Money (A/D) Smart money distributing
The A/D line is falling and well off highs. If smart money were exiting you would expect lower highs and volume spikes on down days — distribution pressure is building.
A/D combines price position within the day's range with volume: rising = net buying pressure, falling = net selling pressure. It often leads price at turning points.
Anchored VWAP Above anchored VWAP — period buyers in profit
Price ($150.19) is +27.1% above the anchored VWAP ($118.14). Buyers who entered at the period's volume-weighted average are in profit and less likely to panic-sell.
Anchored VWAP is the volume-weighted average from the start of the scraped series — a proxy for the period's average institutional cost basis.
Key Levels 1 resistance / 3 support levels
Current price $150.19. Resistance above: $153.88. Support below: $128.22, $126.12, $123.45.
Watch $153.88 as the first upside level to clear, and $128.22 as the first downside level to hold. A clean break of either often determines the next leg.
Resistance
$153.88
Support
$128.22
Support
$126.12
Support
$123.45
Signal breakdown
- Trend (6mo) Bullish Linear-regression slope is up (+26.9% over the period).
- Price vs 50-day SMA Bullish Price is above the 50-day SMA ($119.22).
- RSI (14) Bearish RSI 71 — overbought, mean-reversion risk.
- MACD (12,26,9) Bullish Histogram positive (+2.702) — fast line above signal.
- Bollinger %B Bullish Price in the upper half of the bands (%B 1.10).
- Volume profile Bearish Down-day volume exceeds up-day (ratio 0.74) — distribution.
- A/D line Bearish A/D line slope is falling — distribution pressure.
- AVWAP Bullish Price above anchored VWAP ($118.14).
Generated from 125 daily closes in the scraped 6-month OHLCV series (quote data 2026-08-07T14:03:05.273473878Z). Every level, rating, and probability traces to a computed indicator — no commentary is hand-written or fixed per symbol. Recomputed on each page load from the latest scrape.