Shopify (SHOP) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for SHOP · data as of Jun 25, 2026. The chart above is live; the read below updates daily.

$111.62last close · Jun 25, 2026

SHOP Falling Wedge Pattern

No chart pattern is currently detected on SHOP. The most recent was a Falling Wedge, detected Apr 13, 2026.

A Falling Wedge is a brief, tidy pause that typically continues the move higher. It projects a measured-move target near $138.16 (+20.8%). Across 13,048 backtested falling wedges, the setup followed through 53.9% of the time, averaging +0.38R; SHOP's own falling wedges have hit 46.2%.

DirectionBullishTarget$138.16Projected move+20.8%Breakout level$114.78

SHOP's open Symmetrical Triangle setup

SHOP is in an open Symmetrical Triangle setup — it broke down near $115.43, projecting a target near $84.80, with invalidation at $135.96.

How Falling Wedges have performed

Win rate
53.9%
Avg return
+0.38R
Backtested trades
13,048
SHOP win rate
46.2%

Historical pattern statistics (1986-12-19 – 2026-06-10), not a prediction.

SHOP support and resistance levels

The weekly read is leaning higher. Price eased down into a floor near $105.26 about 2 weeks ago, and the rules still favor a move higher from here.

  • What started it: Price only had to touch that floor at some point during the week — it didn't need to close there.
  • What would call it off: Two weekly closes back below $104.63 — a touch below the $105.26 floor, the room the read is given before it's wrong.
  • Where it has room to go: There's room toward its measured target — the first price above where the move is likely to pause.
  • It's already come a long way in that direction.

Nearest auto-detected support sits near $111.26, resistance near $120.33. These are chart/swing-derived levels, not formula pivots.

Resistance
$120.33$129.71$136.10$159.20$218.97$225.19$233.62$247.67$248.72
Support
$111.26$97.51

SHOP recent daily prices

DateOpenHighLowClose
Jun 25, 2026$113.40$115.69$111.33$111.62
Jun 24, 2026$106.87$114.49$106.72$114.17
Jun 23, 2026$107.86$110.02$106.99$107.68
Jun 22, 2026$106.75$111.58$106.00$107.98
Jun 18, 2026$107.79$109.66$106.14$108.85
Jun 17, 2026$112.40$114.07$107.76$108.09
Jun 16, 2026$111.98$114.58$111.60$113.23
Jun 15, 2026$110.90$115.32$110.20$112.49
Jun 12, 2026$110.10$111.03$106.98$108.24
Jun 11, 2026$106.90$110.57$104.11$110.47

SHOP frequently asked questions

What chart pattern is SHOP forming right now?
No pattern is currently detected on SHOP. The most recent was a Falling Wedge, detected Apr 13, 2026.
Is a Falling Wedge bullish or bearish?
The Falling Wedge detected on SHOP is a bullish pattern, projecting a measured-move target of $138.16. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Falling Wedge pattern, and what is its win rate?
Across TradingPal's backtest of the Falling Wedge family (13,048 trades over 516 symbols), it resolved in the expected direction 53.9% of the time with an average of +0.38R. These are historical statistics, not a prediction.
What are the support and resistance levels for SHOP?
Based on auto-detected, swing-derived levels (as of Jun 25, 2026), SHOP's nearest support is around $111.26 and nearest resistance around $120.33.
What is the price target if SHOP's pattern breaks out?
The detected Falling Wedge has a geometry-based measured-move target of $138.16 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was SHOP's closing price on Jun 25, 2026?
Shopify (SHOP) last closed at $111.62 on Jun 25, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.

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