Market update
What happened
Shopify Inc (SHOP) ended the latest week at 149.25 USD, down -3.3% for the week. The weekly price path over 52 weeks shows a pause after a sharp advance across the prior month.
The active trend remained in place, and Market Dynamics at 1.31 provided confirmation. Participation was less convincing, with 31.9 million shares traded versus a 44.7 million 13-week average and Relative Strength at -2.3.