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SHOP · Shopify Inc.

$126.60 -0.15% Sep 10 close

Detected setup watchlist_candidate · Setup Score 0/100

Stand aside — setup invalidated

Setup score 0, but distribution days reach 5 or more — stand aside until the condition resets.

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$SHOP

Shopify Inc.

Shopify Inc. is a Miscellaneous Commercial Services company in the Commercial Services sector.

Commercial Services Miscellaneous Commercial Services stock Stage 2 · Advancing Base 2

$126.60 latest close

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Historical record

No active setup in the latest scan — this page shows the last detection Legend AI made for $SHOP. Every level, score and criterion below is computed from the Sep 10 close session (1 session old), and may no longer hold.

Historical verdict · setup score 0/100 · data Sep 10 close · 1 session old

Stand aside — setup invalidated

Setup score 0, but distribution days reach 5 or more — stand aside until the condition resets.

Review six verdicts Inspect chart

Earnings

Normal technical setup

No sourced report date Event risk is not modelled for this symbol

Deterministic evidence

SHOP-0.15%

Broad market · SPY-0.60%

Same completed session window ending 2026-09-10. +0.45 points vs SPY.

Session internals Mixed

Rule: direction and internals disagree — it met neither the strong nor the weak rule. Judged on internals, not on the size of the move.

Vs prior close-0.15% From the open+1.58% Range position52% GapNo gap

QQQ confirmationConfirming (-1.06%) SMH confirmationConfirming (-2.44%)

Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.

Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.

Price $126.60 -0.1% Sep 10 close

52W High $182.19 20.4% below high

Wks Since High 42w 43w today

Base Depth 46.7% 48.4% today

RS Rank 17 percentile of scan

SMA 50 $135.00

Avg Vol 9,116,137

Rel Vol (Sep 10) 1.33×

More stats

52W Low $94.00

Tight Wks 0

Base B2

SMA 200 $131.09

RS Line vs High -28.6%

RS Line Slope -6.3% ▼

Group Rank #36/58

ADR% 3.8%

ATR(14) $6.16 (4.9%)

Vol Pace (live) N/A

U/D Vol 0.70

A/D Days 11A / 10D

A/D Rating B

VDU Bars 0/10 d

Position in 52-week range 37thpercentile of the 52-week range

$94.00low

$182.19high

SHOP Chart

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Technical Analysis Report Card

$SHOP · $126.60 · as of 2026-09-10 · multi-factor read

/ 100

Technicals 28/100

Reference read from price & volume only — the verdict at the top of the page decides the action.

Trend · Daily / Weekly / Monthly

Daily ▬ Sideways / consolidating

Weekly ▬ Sideways / consolidating

Monthly ▬ Sideways / consolidating

Moving Averages

50-day$135.00 ↓

100-day$123.91 ↑

200-day$131.09 ↓

Golden Cross (fresh)

RSI (14)

Reading36.8 · Bearish

Bearish momentum — sellers in control.

MACD (12/26/9)

StateBearish

Histogram-3.575

Bearish — MACD below its signal line and below zero. Histogram contracting.

Bollinger Bands (20,2)

%B / Width-6% · 23.5%

Piercing the lower band — capitulation or strong selling.

Volume · Buyer vs Seller

Up/Down vol0.7 · Neutral

Rel volume1.33×

Balanced — up/down volume is roughly even; no clear hand. Recent volume is easing versus its baseline.

Support & Resistance

R · $128.82swing level

R · $130.88swing level

R · $133.99swing level

Price · $126.60now

S · $112.45swing level

S · $111.06swing level

S · $109.56swing level

Fibonacci · Uptrend swing

23.6%$143.56

38.2%$134.09

50.0% ◄ price here$126.44

61.8%$118.78

78.6%$107.88

Retracement support zones measured from the recent swing low up to the high.

The verdict is free. The trade plan is Pro.

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Below 200-day MA50/200 bullishRS 26 (laggard)

Want this read in a legend's voice? Ask a Legend about SHOP

Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →

Legend Verdicts 6 methodology checks

Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.

Council consensus: 3 of 6 legends are Watching — building, not yet a confirmed buy.

Minervini

Avoid

Minervini C

Trend-template read: fails 150-day MA > 200-day MA.

Passing evidence

1.1 Price > 150-day MA AND 200-day MAPrice $145.09, MA150 $122.72, MA200 $131.30

1.4 50-day MA > 150-day MA AND 200-day MAMA50 $134.15, MA150 $122.72, MA200 $131.30

Failing evidence

1.2 150-day MA > 200-day MAMA150 $122.72 vs MA200 $131.30

1.8 RS rank ≥ 70 (prefer ≥ 85)RS rank 26

5/8 checks

Method → Playbook → Ask →

O'Neil

Avoid

O'Neil D

CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.

Passing evidence

A: Annual earnings & revenue qualityRev +30.1%

S: Base tightness (ATR% ≤ 4.5%)ATR% 3.41%

Failing evidence

L: RS rank ≥ 80 (IBD leadership)RS rank 26

C: Quarterly EPS acceleration ≥ 25%Data unavailable

2/8 checks

Method → Playbook → Ask →

Weinstein

Avoid

Weinstein D

Stage-analysis read: topping (Stage 3) is not an advancing Stage 2.

Passing evidence

Price above 30-week MA (200-day proxy)Price $145.09 vs MA200 $131.30

Not extended from 52-week high (≤ 30% below)20.4% below 52-week high

Failing evidence

Stage 2 (Advancing phase) confirmedStage 3 (Topping)

Volume expansion above averageVolume ratio 0.78x

2/6 checks

Method → Playbook → Ask →

Livermore

Watch

Livermore B

Pivotal-point read: constructive evidence is present, but relative strength is unresolved.

Passing evidence

Price$145.09

Distance from 52-week high20.4% below high

Failing evidence

Relative strengthRS 26

Volume vs average0.78x

3/6 checks

Method → Playbook → Ask →

Darvas

Watch

Darvas B

Box-theory read: constructive evidence is present, but relative strength is unresolved.

Passing evidence

Price$145.09

Distance from 52-week high20.4% below high

Failing evidence

Relative strengthRS 26

Volume vs average0.78x

3/6 checks

Method → Playbook → Ask →

Wyckoff

Watch

Wyckoff B

Supply-and-demand read: constructive evidence is present, but relative strength is unresolved.

Passing evidence

Price$145.09

Distance from 52-week high20.4% below high

Failing evidence

Relative strengthRS 26

Volume vs average0.78x

3/6 checks

Method → Playbook → Ask →

Base & Breakout

Breakout follow-through

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

Unlock Base & Breakout Tracking

RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▼ Falling

Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net +2 B

Minervini · Grade Card

Fundamentals & leadership quality — Minervini’s published criteria · 2/7 met

C 2/7 criteria

Separate score from the Minervini Trend Template (2/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.

✗ EPS acceleration ≥25% QoQ —

✓ Revenue growth ≥20% YoY +30%

✗ Gross margin ≥30% —

✗ ROE ≥17% —

✗ RS rating ≥80 (leadership) 26

✓ Stage 2 uptrend (Weinstein) Stage 2

✗ Within 25% of 52W high -30.5%

Method Playbook

Trade it like O'Neil EXACT LEVELS · PRO

Minervini O'Neil Livermore Weinstein Darvas Wyckoff

O'Neil D · Avoid — The deterministic methodology check is Avoid; wait until the blocking criteria are resolved.

Pivot

Pro level

Published-method rule: Use the proper base pivot or handle high after CANSLIM leadership and market-direction checks are satisfied.
Evidence: Canonical setup geometry is available with Pro.

Entry trigger

Pro level

Published-method rule: Require a breakout through the pivot on volume at least 40% above average; the valid buy zone ends 5% above the pivot.
Evidence: Canonical setup geometry is available with Pro.

Initial stop

Pro level

Published-method rule: Use the setup's structural stop with a hard 7–8% maximum-loss ceiling from the actual entry.
Evidence: Canonical setup geometry is available with Pro.

Trail

Rule-based

Published-method rule: Protect progress under constructive support such as the 21-day or 10-week line; a stop may ratchet higher but never lower.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.

Exit / invalidation

Pro level

Published-method rule: Exit on the hard loss limit, a decisive support break, or a rule-based climax/distribution signal; a normal 20–25% advance is reviewed rather than assumed permanent.
Evidence: Canonical setup geometry is available with Pro.

Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →

The published-method workflow is public. Unlock exact pivot, entry, stop, target, and sizing with Pro →

Pattern Analysis (historical)

watchlist_candidate

0 setup score

RS Score 26

Trend template 2/8

Why This Setup?

watchlist_candidate · schematic

Near-miss 5/8 — needs: sma150 above sma200, sma200 trending up, rs score above 70

The Universal Edge Check · context only

What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.

1/7 universals met

A relative-strength leader — not met RS rank 17 — laggard
Risk is defined — not met No stop — undefined risk
Asymmetric reward — partly met No target set
Clear of earnings — partly met Report date unknown
Not chasing (in range) — partly met Pivot distance unknown
Volume confirms — partly met 1.3× average — light
In a confirmed uptrend — met Stage 2 · Trend template 2/8

Why these seven? → The Universal Edge

Minervini Trend Template

2/8

Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.

Price above SMA 150 & 200 $126.60 vs SMA150 $122.87 / SMA200 $131.09

SMA 150 above SMA 200 SMA150 $122.87 vs SMA200 $131.09

SMA 200 trending up Slope -1.38 over 20 days

SMA 50 above SMA 150 & 200 SMA50 $135.00

Price above SMA 50 $126.60 vs SMA50 $135.00

30%+ above 52-week low +34.7% from $94.00

Within 25% of 52-week high -30.5% from $182.19

RS score above 70 RS 26

Fundamentals

52W Range

37%

Rev YoY

+30%

EPS TTM

$0.94

P/E TTM

134.7x

Company

Company profile

Shopify Inc.

SHOP · NASDAQ · Commercial Services · Miscellaneous Commercial Services

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