Shopify(SHOP)
Auto-detected technical analysis for SHOP · data as of Jul 22, 2026. The chart above is live; the read below updates daily.
SHOP just broke higher out of a symmetrical triangle — a brief, tidy pause inside a strong run. That's usually a breather before another push up.
On this chart, setups like it have followed through about 67% of the time.
As long as price stays above $106.0, the setup is intact — a daily close back below there is the cue to step away.
A natural first target sits near $148.2 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.
SHOP is currently forming a triangle on the daily timeframe. Detected Jul 22, 2026.
New to this pattern? What a triangle is and how to trade it →
Historical pattern statistics (1986-12-19 – 2026-07-16), not a prediction.
Every completed pattern trade our nightly backtest found on SHOP's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Falling Wedge | Apr 14, 2026 @ $116.97 | Apr 23, 2026 @ $124.23 | Win | +18.6% · +0.90R |
| Triangle | Mar 13, 2026 @ $125.82 | Mar 27, 2026 @ $110.23 | Win | +15.0% · +1.54R |
| Falling Wedge | Jan 20, 2026 @ $150.08 | Jan 21, 2026 @ $140.78 | Win | +9.6% · +0.45R |
| Bullish Pennant | Oct 3, 2025 @ $160.75 | Jan 21, 2026 @ $138.54 | Loss | +19.2% · -1.05R |
| Triangle | Jun 24, 2025 @ $112.23 | Jul 30, 2025 @ $123.01 | Win | +9.4% · +1.30R |
| Rising Wedge | Apr 28, 2023 @ $46.94 | May 4, 2023 @ $57.30 | Loss | +15.3% · -3.55R |
| Rising Wedge | Apr 18, 2023 @ $49.15 | May 16, 2023 @ $60.12 | Win | +15.0% · +1.94R |
| Rising Wedge | Dec 13, 2022 @ $38.69 | Jan 23, 2023 @ $44.04 | Loss | +26.0% · -1.33R |
| Rising Wedge | Dec 6, 2022 @ $38.87 | Jan 25, 2023 @ $47.33 | Loss | +41.0% · -1.37R |
| Falling Wedge | Sep 26, 2022 @ $28.34 | Nov 10, 2022 @ $36.51 | Loss | +37.1% · -1.09R |
| Triangle | Aug 2, 2022 @ $38.95 | Sep 2, 2022 @ $30.11 | Loss | +29.9% · -1.05R |
| Triangle | Jul 19, 2022 @ $34.02 | Aug 9, 2022 @ $36.75 | Win | +27.7% · +0.68R |
Price is bouncing off a floor near $115.80 and starting to climb. On the weekly chart, the next ceiling overhead sits near $163.32 — about 38% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Jul 22, 2026 | $122.95 | $123.43 | $116.62 | $118.42 |
| Jul 21, 2026 | $121.21 | $124.29 | $119.25 | $123.03 |
| Jul 20, 2026 | $124.23 | $128.26 | $123.45 | $124.48 |
| Jul 17, 2026 | $124.60 | $124.60 | $121.11 | $123.56 |
| Jul 16, 2026 | $124.60 | $127.89 | $121.78 | $125.06 |
| Jul 15, 2026 | $126.45 | $127.59 | $120.87 | $123.55 |
| Jul 14, 2026 | $121.63 | $126.11 | $120.00 | $125.68 |
| Jul 13, 2026 | $124.63 | $126.70 | $121.70 | $124.74 |
| Jul 10, 2026 | $126.77 | $130.75 | $122.30 | $122.54 |
| Jul 9, 2026 | $117.25 | $123.22 | $116.71 | $123.17 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.