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Shopify Stock Price Chart

  • Based on the share price being below its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bearish and SHOP is experiencing buying pressure, which is a positive indicator for future bullish movement.

Shopify Price Chart Indicators

Moving Averages Level Buy or Sell
8-day SMA: 107.16 Sell
20-day SMA: 109.63 Sell
50-day SMA: 105.4 Sell
200-day SMA: 78.65 Buy
8-day EMA: 106.39 Sell
20-day EMA: 108.18 Sell
50-day EMA: 103.9 Sell
200-day EMA: 84.87 Buy

Shopify Technical Analysis Indicators

Chart Indicators Level Buy or Sell
MACD (12, 26): -0.57 Sell
Relative Strength Index (14 RSI): 40.71 Sell
Chaikin Money Flow: 5961496 -
Bollinger Bands Level Buy or Sell
Bollinger Bands (25): (106.27 - 115.43) Sell
Bollinger Bands (100): (74.78 - 107.96) Buy

Shopify Technical Analysis

Technical Analysis: Buy or Sell?
8-day SMA:
20-day SMA:
50-day SMA:
200-day SMA:
8-day EMA:
20-day EMA:
50-day EMA:
200-day EMA:
MACD (12, 26):
Relative Strength Index (14 RSI):
Bollinger Bands (25):
Bollinger Bands (100):

Technical Analysis for Shopify Stock

Is Shopify Stock a Buy?

  • Shopify share price is 101.76 while SHOP 8-day simple moving average is 107.16, which is a Sell signal.
  • The stock price of SHOP is 101.76 while Shopify 20-day SMA is 109.63, which makes it a Sell.
  • Shopify 50-day simple moving average is 105.40 while SHOP share price is 101.76, making it a Sell technically.
  • SHOP stock price is 101.76 and Shopify 200-day simple moving average is 78.65, creating a Buy signal.

SHOP Technical Analysis vs Fundamental Analysis

Sell
48
Shopify (SHOP) is a Sell

Is Shopify a Buy or a Sell?

  • Shopify stock is rated a Sell
    The current Shopify [SHOP] share price is $101.76. The Score for SHOP is 48, which is 4% below its historic median score of 50, and infers higher risk than normal.

Shopify Stock Info

Market Cap:
131.5B
Price in USD:
101.76
Share Volume:
7.9M

Shopify 52-Week Range

52-Week High:
120.72
52-Week Low:
48.56
Sell
48
Shopify (SHOP) is a Sell

Shopify Share Price Forecast

  • What is the Shopify stock price today?
    The Shopify stock price is 101.76 USD today.
  • Will SHOP stock go up or go down?
    Shopify> share price is forecast to RISE/FALL based on technical indicators
  • Is Shopify overvalued?
    According to simple moving average, exponential moving average, oscillators, and other technical indicators, Shopify is overvalued.

Is Shopify Stock a Buy?

  • Shopify share price is 101.76 while SHOP 8-day exponential moving average is 106.39, which is a Sell signal.
  • The stock price of SHOP is 101.76 while Shopify 20-day EMA is 108.18, which makes it a Sell.
  • Shopify 50-day exponential moving average is 103.90 while SHOP share price is 101.76, making it a Sell technically.
  • SHOP stock price is 101.76 and Shopify 200-day simple moving average is 84.87, creating a Buy signal.

Fundamental Analysis of Shopify

Is Shopify a good investment?

  • Analysts estimate an earnings increase this quarter of $0.18 per share, a decrease next quarter of $0.00 per share, an increase this year of $0.27 per share, and an increase next year of $0.39 per share.

Technical Analysis of Shopify

Should I short Shopify stock?

  • SHOP Moving Average Covergence Divergence (MACD) indicator is -0.57, suggesting Shopify is a Sell
  • Shopify Relative Strength Index (RSI) is 40.71, which suggest Shopify is oversold
  • The Bollinger Bands (25) for Shopify is (106.27 - 115.43), which suggest Shopify is a Buy
  • The Bollinger Bands (100) for Shopify is (74.78 - 107.96), which suggest Shopify is a Buy

* Shopify stock forecasts short-term for next days and weeks may differ from long term prediction for next month and year based on timeline differences.