SHOP

ShopifyTechnology

$105.70+0.66%

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$105.70

MARAPRMAY

Trade this Double Bottom

SHOP is showing a classic Double Bottom. Don't miss the move.

View on TradingView View on TrendSpider

Quick Actions

Trade Plan: Double Bottom

Risk/Reward

1:2

Entry

$137.30

Stop

$115.65

Target

$180.60

Chart Pattern

Double Bottom

Reversal pattern after a downtrend.

Market Analysis

Market participants tracking Shopify should note the latest formation. Currently at $105.7, the asset is showing upward momentum (0.66%). Our AI has detected a valid Double Bottom pattern. Volume is average (0.29x avg) with moderate trend strength (38.0). A potential breakout level is identified at $137.3, targeting $180.6 with support near $115.65 (R:R 2.0).

Community Sentiment

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