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

20,224 Followers

Technical Sentiment

Overall Consensus
Strong Buy
16Bullish
2Neutral
4Bearish
Technical Analysis Consensus
Neutral
4Bullish
2Neutral
4Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Shopify’s (SHOP) Moving Averages Convergence Divergence (MACD) indicator is 2.14, suggesting Shopify is a Sell.
Shopify’s (SHOP) 20-Day exponential moving average is 110.24, while Shopify’s (SHOP) share price is $116.8, making it a Buy.
Shopify’s (SHOP) 50-Day exponential moving average is 106.28, while Shopify’s (SHOP) share price is $116.8, making it a Buy.

Shopify (SHOP) Pivot Points

Feb 01, 2025, 05:20 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
112.68
114.24
116.71
118.27
120.74
122.30
124.77
Fibonacci
114.24
115.78
116.73
118.27
119.81
120.76
122.30
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

Feb 01, 2025, 05:20 PM
Period
Simple
Exponential
MA5
115.48Buy
115.35Buy
MA10
110.72Buy
112.43Buy
MA20
108.37Buy
110.24Buy
MA50
110.10Buy
106.28Buy
MA100
96.04Buy
98.34Buy
MA200
80.89Buy
87.32Buy
Shopify’s (SHOP) 10-Day exponential moving average is 112.43, while Shopify’s (SHOP) share price is $116.8, making it a Buy.
Shopify’s (SHOP) 100-Day exponential moving average is 98.34, while Shopify’s (SHOP) share price is $116.8, making it a Buy.
Shopify’s (SHOP) stock price is $116.8 and Shopify’s (SHOP) 50-day simple moving average is 110.10, creating a Buy signal.
Shopify’s (SHOP) stock price is $116.8 and Shopify’s (SHOP) 100-day simple moving average is 96.04, creating a Buy signal.
Shopify’s (SHOP) stock price is $116.8 and Shopify’s (SHOP) 200-day simple moving average is 80.89, creating a Buy signal.

Shopify (SHOP) Technical Indicators

Feb 01, 2025, 05:20 PM
Name
Value
Implied Action
RSI (14)
62.36
Neutral
STOCH (9,6)
86.05
Sell
STOCHRSI (14)
88.29
Sell
MACD (12,26)
2.14
Sell
ADX (14)
18.65
Buy
Williams %R
-22.66
Buy
CCI (14)
161.11
Sell
ATR (14)
4.29
-
Ultimate Oscillator
63.85
Neutral
ROC
12.62
Buy
Shopify’s (SHOP) Relative Strength Index (RSI) is 62.36, creating a Neutral signal.
Shopify’s (SHOP) Trend Strength Indicator (ADX) is 18.65, creating a Buy signal.
Shopify’s (SHOP) Commodity Channel Index (CCI) is 161.11, creating a Sell signal.
Shopify’s (SHOP) Price Rate of Change (ROC) is 12.62, creating a Buy signal.

FAQ

Is SHOP a Buy, Hold, or Sell?
Based on SHOP’s technical indicators, SHOP is a Strong Buy.
    What is SHOP’s RSI (14)?
    SHOP’s RSI (14) is 62.36, which suggests SHOP is a Neutral.
      What is SHOP’s MACD?
      SHOP’s MACD is 2.14, which suggests SHOP is a Sell.
        What is SHOP’s 5-day moving average?
        SHOP’s 5-day moving average is 115.48, which suggests SHOP is a Buy.
          What is SHOP’s 20-day moving average?
          SHOP 20-day moving average is 108.37, which suggests SHOP is a Buy.
            What is SHOP’s 50-day moving average?
            SHOP’s 50-day moving average is 110.10, which suggests SHOP is a Buy.
              What is SHOP’s 200-day moving average?
              SHOP’s 200-day moving average is 80.89, which suggests SHOP is a Buy.
                What is SHOP’s Williams % R (14)?
                SHOP’s Williams % R (14) is -22.66, which suggests SHOP is a Buy.
                  What is SHOP’s CCI (14)?
                  SHOP’s CCI (14) is 161.11, which suggests SHOP is a Sell.
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