MEX Equity Snapshot

SHOPN Weekly Equity Report

Shopify Inc.

Interactive chart JSON snapshot
Latest Close 1,870 MXN 12 Jun 2026
1W Return -1.7% latest completed week
4W Return 7.3% short-term follow-through
12W Return -10.4% quarterly tape
Trend Breadth 46.2% 24 of 52 weeks active
Volume Ratio 0.1x vs 13-week average
Company Brief

What the company does

Shopify Inc., a commerce technology company, provides tools to start, scale, market, and run a business of various sizes in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The Company offers Shopify platform that enables merchants to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics, and reporting and access financing for running their business across all of their sales channels, including web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. It also provides Shopify …

Snapshot

What the weekly tape is saying

SHOPN closed the latest completed week at 1,870 MXN. The 4-week return is 7.3% and the 12-week return is -10.4%. Trend Signal is inactive, Market Dynamics is -0.21. Setup signature: Risk-first tape with a 20/100 composite read.

Trend Signal Inactive
Market Dynamics No fresh buy
Price vs Trend -19.1%
Volume 0.1x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 25 Persistence of active Trend Signal over the last year and current streak.
Momentum 57 Blend of 4-week and 12-week follow-through.
Dynamics 34 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 0 Relative leadership and short-term RS change.
Volume 6 Participation compared with the 13-week volume baseline.
Risk Control 0 Drawdown and recent weekly volatility pressure.

16-week signal tape

27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun
Weekly return bar Trend Signal dot Positive Market Dynamics dot
Price Action

Price, Trend Line, and Fair Value

Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.

52-week price path

Price Trend Line Fair Value

Price map

Trend Line
2,312 MXN
Vs Trend Line
-19.1%
Fair Value
1,804 MXN
Vs Fair Value
3.6%
52W High
3,340 MXN
52W Low
1,625 MXN
Drawdown
-44.0%
Range Position
14.3%
Momentum

Returns and trend persistence

Return windows separate the latest week from short-term and medium-term follow-through.

Return windows

1W -1.7%
4W 7.3%
12W -10.4%
26W -36.7%
52W -6.4%

Trend read

Active Streak
0 weeks
52W Active Weeks
24
52W Active Breadth
46.2%
Sector Scope
MX Technology
Sector Rank
83 of 148
Sector Percentile
44.2%
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

Market Dynamics

Pressure, Relative Strength, and expectation

Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.

Dynamics path

Market Dynamics Relative Strength

Signal state

Market Dynamics
-0.21
4W MD Change
-155.5%
Relative Strength
-28.34
4W RS Change
17.0%
Expectation
Undecided
Probability
51.94%
Volume

Participation and confirmation

Volume tells us whether the latest weekly move is being confirmed by unusual participation.

52-week volume profile

Volume map

Latest Volume
1.5K
13W Average
10.6K
52W Average
9.2K
Vs 13W
0.1x
Vs 52W
0.2x
Risk Anatomy

Volatility, downside weeks, and return shape

A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.

26-week return distribution

Risk map

13W Volatility
8.6%
52W Volatility
8.3%
Upside Weeks
22
Downside Weeks
30
Downside Breadth
57.7%
Avg Gain / Loss
7.9% / -5.4%
Context

Classification, opportunities, risks, and watch points

Top-level read across company classification, constructive evidence, caution points, and the next things that matter.

Classification

Exchange
MEX
Country
MX
Sector
Technology
Industry
Software - Application
Currency
MXN
Market Cap
2792.6B

Opportunity signals

  • Price is above Fair Value, showing premium demand versus the model.

Risk signals

  • Trend Signal is inactive, so price action has not confirmed a constructive regime.
  • Price is below the Trend Line, which keeps downside pressure in focus.
  • Market Dynamics is negative, which weakens the current setup.
  • The share remains more than 20% below its 52-week high.

Watch next

  • Trend Line remains the key weekly regime level.
  • Market Dynamics is the pressure gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Weekly Tape

Recent completed weeks

The latest weekly rows behind the report snapshot.

Week Close Return Trend Fair Value MD RS Volume Signal
12 Jun 2026 1,870 MXN -1.7% 2,312 MXN 1,804 MXN -0.21 -28.34 1.5K Off
5 Jun 2026 1,902 MXN -7.7% 2,340 MXN 1,799 MXN -0.18 -25.37 4.6K Off
29 May 2026 2,061 MXN 13.1% 2,370 MXN 1,794 MXN -0.08 -22.35 4.5K Off
22 May 2026 1,822 MXN 4.5% 2,409 MXN 1,787 MXN -0.11 -31.30 4.8K Off
15 May 2026 1,743 MXN -6.8% 2,455 MXN 1,783 MXN -0.08 -34.15 5.9K Off
8 May 2026 1,870 MXN -11.8% 2,494 MXN 1,778 MXN -0.08 -31.64 38.3K Off
1 May 2026 2,120 MXN -2.7% 2,526 MXN 1,773 MXN -0.30 -20.40 2.2K Off
24 Apr 2026 2,179 MXN -4.4% 2,554 MXN 1,767 MXN -0.44 -19.94 5.3K Off
17 Apr 2026 2,279 MXN 19.0% 2,567 MXN 1,758 MXN -0.73 -17.08 3.9K Off
10 Apr 2026 1,915 MXN -9.5% 2,586 MXN 1,749 MXN -0.95 -30.47 37.6K Off
3 Apr 2026 2,115 MXN 4.4% 2,610 MXN 1,742 MXN -1.07 -23.05 22.1K Off
27 Mar 2026 2,025 MXN -2.9% 2,630 MXN 1,734 MXN -1.02 -22.98 2.4K Off
20 Mar 2026 2,086 MXN -5.0% 2,650 MXN 1,727 MXN -1.01 -17.77 5.0K Off
13 Mar 2026 2,195 MXN -5.8% 2,669 MXN 1,719 MXN -1.02 -15.77 4.3K Off