SHOP monthly performance report
Monthly SHOP research: returns, drawdown, relative strength, seasonality, and key stats.
SHOP monthly report
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Key takeaways
- Shopify (SHOP) closed August 2026 at $144.24, up 23.12% for the month and +13.57% over the trailing 12 months.
- Year-to-date, SHOP is −10.39%, underperforming the S&P 500 which has returned +12.89% YTD.
- The stock is trading +8.39% versus its 200-day moving average ($133.08), a bullish technical signal.
- Over the past three years, SHOP has outperformed the S&P 500 by +76.70%, with a relative strength index reading of 146.7.
- Win rate over the trailing 39 months stands at 56.4% — 22 positive months versus 17 negative months.
Shopify ended August 2026 at $144.24, posting a monthly return of +23.12%. The S&P 500 returned +3.05% over the same window, leaving relative performance at +20.08%.
The current quarter stands at +22.48% (Q3 2026 (QTD)), while medium-term trend remains constructive: price is +8.39% versus the 200-day moving average ($133.08).
Year-to-date, SHOP is −10.39% against SPY +12.89%, a gap of −23.28%. The stock is currently −20.83% below its 52-week high, with maximum 3-year drawdown at −46.71%.
| Period | SHOP | S&P 500 (SPY) | Excess return |
|---|---|---|---|
| 1 Day | +16.98% | −0.20% | +17.18% |
| 1 Week | +10.72% | +3.90% | +6.81% |
| 1 Month | +23.12% | +3.05% | +20.08% |
| 3 Months | +19.08% | +7.11% | +11.96% |
| 6 Months |