Shopify's 15min Chart Triggers RSI Overbought, KDJ Death Cross Alert

The 15-minute chart of Shopify indicates that the Relative Strength Index (RSI) has reached overbought levels, while the KDJ (KST Death Cross) has also triggered a death cross at 14:30 on September 4, 2025. This suggests that the stock price has experienced a rapid upward trend, surpassing the fundamental support, and the momentum is shifting towards a decline. Consequently, there is potential for the stock price to further decrease.

The 15-minute chart of Shopify Inc. (SHOP) has shown significant market sentiment, with both the Relative Strength Index (RSI) reaching overbought levels and the KDJ (KST Death Cross) triggering a death cross at 14:30 on September 4, 2025. These indicators suggest that the stock has experienced a rapid upward trend, surpassing fundamental support, and that the momentum is shifting towards a decline. Consequently, there is potential for the stock price to further decrease.

According to Benzinga, deep-pocketed investors have adopted a bullish approach towards Shopify, with 60% of options activity leaning bullish and 17% bearish. This substantial move in SHOP options usually suggests something significant is about to happen [1]. The major market movers are focusing on a price band between $70.0 and $185.0 for Shopify, spanning the last three months [1].

Shopify's current market status shows a trading volume of 1,311,835, with the price up by 0.56%, reaching $141.0. Current RSI values indicate that the stock may be approaching oversold conditions [3]. The next earnings report is scheduled for 68 days from now.

Professional analyst ratings for Shopify are mixed, with a consensus target price of $171.0. Analysts from UBS, JMP Securities, Evercore ISI Group, Benchmark, and Canaccord Genuity have issued varying ratings, ranging from Neutral to Outperform, with target prices between $145 and $190 [1].

The stock's recent performance has shown a gain of 0.85% on September 3, 2025, rising from $139.04 to $140.22. However, the stock has fallen in 6 of the last 10 days but is still up by 0.7% over the past 2 weeks [3]. The stock is expected to rise 35.18% during the next 3 months, with a 90% probability of holding a price between $181.34 and $227.54 at the end of this period [3].

In conclusion, while the options activity suggests a bullish sentiment, the technical indicators and recent price movements indicate a potential shift towards a downtrend. Investors should closely monitor Shopify's stock price and earnings report for further insights.

References:

[1] https://www.benzinga.com/insights/options/25/09/47501267/shopify-options-trading-a-deep-dive-into-market-sentiment
[2] https://www.ainvest.com/news/shopify-15min-chart-triggers-bollinger-bands-narrowing-kdj-death-cross-warning-2509-40/
[3] https://stockinvest.us/stock/SHOP