Shopify (SHOP, $109.1) RSI Indicator left the overbought zone on May 19, 2025

#PackagedSoftware, #TechnicalAnalysis, #RSI, #Bearish, #Stocks, #LargeCap
SHOP - Shopify Inc
RSI signal
Bearish Trend
77%
Odds of DOWN Trend
Price: $109.1
Daily change: -$1.65 (-1.49%)
Daily volume: 9.7M
Capitalization: $143.8B
Industry: Packaged Software

This is a signal that SHOP's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 35 similar cases where SHOP's RSI Indicator left the overbought zone, and in 27 of them led to a successful outcome. Odds of Success: 77%.