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SHOP forms Pocket Pivot on October 31

Shopify Inc. (SHOP) — Nightly Technical Analysis · Oct 31, 2025, 17:52 ET
SHOP closed up 0.14% on Friday, October 31st, with volume running 1.5× above average. Pocket Pivot — typically a warning sign for traders — developed during the session. Key support levels exist at 170.45, 167.03 & 162.38, with resistance at 178.52, 183.17 & 186.59. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.

Current SwingTradeBot Technical Rating of SHOP: B

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Shopify Inc. (SHOP)