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Articles · Market Video, Daily Levels, Shorts

SHOP: Down Over 6% for the Week, Above Both Averages

Shopify completed October 30 at $157.49. This dated chart review checks the weekly move, moving averages and nearby levels.

Published Nov 2, 2026

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TL;DR

  • Completed October 30 close: $157.49.
  • A Friday drop, still above both long averages.
  • Daily-bar volume profile is estimated; levels are dated chart references, not forecasts.

This recorded Sunday Short uses the completed October 30, 2026 U.S. regular session. It is a dated chart, not a live quote. Watch the Short.

Shopify (SHOP)

A Friday drop, still above both long averages. SHOP finished October 30 at $157.49, −6.63% from the October 23 close and -5.63% from October 29.

The close was above its 50-day simple average of $152.78 and above its 200-day average of $129.89. The chart marks the October 30 intraday low at $154.26; that low is distinct from the closing price. The estimated six-month busiest-price band is $108.48–112.10. These are dated reference levels. A daily close across a level would be a new observation, not a guaranteed follow-through.

SHOP daily candles through the completed October 30 regular session; May 4–October 30 daily-bar volume estimate.

Sources and method

Daily candles and the six-month volume-by-price estimate use frozen Yahoo Finance daily OHLCV through October 30; completed closes were cross-checked to dated CNBC and Nasdaq quotes. CNBC's dated quote cache is not evidence of an exchange's official closing auction. The busiest-price band spreads each session's volume evenly over its high–low range in 24 equal price rows. It is an estimate, not native TradingView Visible Range Volume Profile, buy/sell flow, or a target. Intraday highs and lows are distinct from the completed close.

See the October 30 Daily Levels archive and Sunday Recap. Market research only, not a recommendation to buy or sell.

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