ShopifySHOP
Auto-detected technical analysis for SHOP · data as of Aug 28, 2026. The chart above is live; the read below updates daily.
SHOP is currently forming a rising wedge on the daily timeframe. Detected Aug 28, 2026.
A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $94.10 (−23.3%).
New to this pattern? What a rising wedge is and how to trade it →
SHOP's most recent completed triangle resolved as a loss: it broke higher on Aug 5, 2026 near $150.00, then was stopped out at $146.64 on Aug 19, 2026 — a 2.2% move (-0.10R) over 10 sessions. Across 174,297 backtested triangles, this setup wins 40.8% of the time.
Every completed pattern trade our nightly backtest found on SHOP's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Triangle | Aug 5, 2026 @ $150.00 | Aug 19, 2026 @ $146.64 | Loss | +8.5% · -0.10R |
| Triangle | Aug 5, 2026 @ $150.00 | Aug 19, 2026 @ $146.64 | Loss | +10.8% · -0.10R |
| Triangle | Aug 5, 2026 @ $150.00 | Aug 19, 2026 @ $146.64 | Loss | +11.8% · -0.10R |
| Rising wedge | Jul 31, 2026 @ $116.00 | Aug 5, 2026 @ $150.00 | Loss | +15.5% · -1.89R |
| Triangle | Jul 28, 2026 @ $132.21 | Aug 19, 2026 @ $146.64 | Win | +13.9% · +0.69R |
| Rising wedge | Jul 22, 2026 @ $117.52 | Jul 23, 2026 @ $114.19 | Win | +2.8% · +0.31R |
| Triangle | Jul 7, 2026 @ $124.72 | Jul 24, 2026 @ $112.99 | Loss | +21.2% · -1.30R |
| Triangle | Jul 1, 2026 @ $119.90 | Aug 19, 2026 @ $146.64 | Win | +23.3% · +3.38R |
| Triangle | May 5, 2026 @ $109.22 | Jul 10, 2026 @ $129.39 | Loss | +20.1% · -1.00R |
| Falling wedge | Jan 30, 2026 @ $131.17 | May 12, 2026 @ $99.96 | Win | +23.8% · +2.41R |
| Falling wedge | Jan 20, 2026 @ $148.86 | Jan 21, 2026 @ $139.96 | Win | +6.0% · +0.40R |
| Rising wedge | Jan 6, 2026 @ $161.86 | Jan 20, 2026 @ $150.43 | Win | +7.1% · +1.03R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Price found a floor near $109.86 about 3 months ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $163.32 — still about 7% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 28, 2026 | $154.83 | $156.49 | $152.46 | $152.90 |
| Aug 27, 2026 | $150.48 | $155.69 | $150.20 | $154.33 |
| Aug 26, 2026 | $152.40 | $153.80 | $150.15 | $150.29 |
| Aug 25, 2026 | $149.92 | $154.66 | $149.26 | $153.88 |
| Aug 24, 2026 | $148.51 | $151.63 | $146.80 | $149.80 |
| Aug 21, 2026 | $147.65 | $149.46 | $145.09 | $149.25 |
| Aug 20, 2026 | $146.37 | $148.39 | $144.12 | $147.18 |
| Aug 19, 2026 | $146.64 | $149.78 | $145.61 | $146.58 |
| Aug 18, 2026 | $148.09 | $150.51 | $146.28 | $146.58 |
| Aug 17, 2026 | $152.51 | $153.30 | $148.14 | $148.65 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.