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Shopify (SHOP)
NYSE:SHOP
Holding SHOP?
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Shopify (SHOP) Technical Analysis

19,759 Followers

Technical Sentiment

Overall Consensus
Buy
14Bullish
3Neutral
5Bearish
Technical Analysis Consensus
Sell
2Bullish
3Neutral
5Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Shopify’s (SHOP) Moving Averages Convergence Divergence (MACD) indicator is 7.95, suggesting Shopify is a Sell.
Shopify’s (SHOP) 20-Day exponential moving average is 102.27, while Shopify’s (SHOP) share price is $115.6, making it a Buy.
Shopify’s (SHOP) 50-Day exponential moving average is 91.28, while Shopify’s (SHOP) share price is $115.6, making it a Buy.

Shopify (SHOP) Pivot Points

Dec 21, 2024, 03:14 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
109.81
110.38
111.46
112.02
113.11
113.67
114.75
Fibonacci
110.38
111.01
111.40
112.02
112.65
113.04
113.67
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Shopify (SHOP) Moving Averages

Dec 21, 2024, 03:14 PM
Period
Simple
Exponential
MA5
111.64Buy
112.02Buy
MA10
108.76Buy
108.61Buy
MA20
100.11Buy
102.27Buy
MA50
88.49Buy
91.28Buy
MA100
78.22Buy
83.25Buy
MA200
73.93Buy
78.75Buy
Shopify’s (SHOP) 10-Day exponential moving average is 108.61, while Shopify’s (SHOP) share price is $115.6, making it a Buy.
Shopify’s (SHOP) 100-Day exponential moving average is 83.25, while Shopify’s (SHOP) share price is $115.6, making it a Buy.
Shopify’s (SHOP) stock price is $115.6 and Shopify’s (SHOP) 50-day simple moving average is 88.49, creating a Buy signal.
Shopify’s (SHOP) stock price is $115.6 and Shopify’s (SHOP) 100-day simple moving average is 78.22, creating a Buy signal.
Shopify’s (SHOP) stock price is $115.6 and Shopify’s (SHOP) 200-day simple moving average is 73.93, creating a Buy signal.

Shopify (SHOP) Technical Indicators

Dec 21, 2024, 03:14 PM
Name
Value
Implied Action
RSI (14)
76.96
Sell
STOCH (9,6)
85.76
Sell
STOCHRSI (14)
92.19
Sell
MACD (12,26)
7.95
Sell
ADX (14)
47.36
Neutral
Williams %R
-2.71
Sell
CCI (14)
83.43
Neutral
ATR (14)
3.99
-
Ultimate Oscillator
68.49
Neutral
ROC
32.69
Buy
Shopify’s (SHOP) Relative Strength Index (RSI) is 76.96, creating a Sell signal.
Shopify’s (SHOP) Trend Strength Indicator (ADX) is 47.36, creating a Neutral signal.
Shopify’s (SHOP) Commodity Channel Index (CCI) is 83.43, creating a Neutral signal.
Shopify’s (SHOP) Price Rate of Change (ROC) is 32.69, creating a Buy signal.

FAQ

Is SHOP a Buy, Hold, or Sell?
Based on SHOP’s technical indicators, SHOP is a Buy.
    What is SHOP’s RSI (14)?
    SHOP’s RSI (14) is 76.96, which suggests SHOP is a Sell.
      What is SHOP’s MACD?
      SHOP’s MACD is 7.95, which suggests SHOP is a Sell.
        What is SHOP’s 5-day moving average?
        SHOP’s 5-day moving average is 111.64, which suggests SHOP is a Buy.
          What is SHOP’s 20-day moving average?
          SHOP 20-day moving average is 100.11, which suggests SHOP is a Buy.
            What is SHOP’s 50-day moving average?
            SHOP’s 50-day moving average is 88.49, which suggests SHOP is a Buy.
              What is SHOP’s 200-day moving average?
              SHOP’s 200-day moving average is 73.93, which suggests SHOP is a Buy.
                What is SHOP’s Williams % R (14)?
                SHOP’s Williams % R (14) is -2.71, which suggests SHOP is a Sell.
                  What is SHOP’s CCI (14)?
                  SHOP’s CCI (14) is 83.43, which suggests SHOP is a Neutral.
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