Back to top

Crossed Above 20 Day Moving Average appears for SHOP after 5.98% move

Shopify Inc. (SHOP) — Nightly Technical Analysis · Jun 24, 2026, 17:50 ET
SHOP finished higher by 5.98% on Wednesday, June 24th, trading 1.8 times its typical volume. Multiple bullish signals emerged — Crossed Above 20 DMA, Crossed Above 50 DMA, MACD Bullish Signal Line Cross, Directional Movement Crossover Bullish, 180 Bullish Setup, Expansion Pivot Buy Setup & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 109.06, 104.01 & 101.29, with resistance at 116.83, 119.55 & 124.6.

Current SwingTradeBot Technical Rating of SHOP: D

There’s more where that came from. See all of today’s signals for SHOP here.

Read full article here »

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

Shopify Inc. (SHOP)