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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 selling pressure, which indicates risk of future bearish movement.

Shopify Price Chart Indicators

Moving Averages Level Buy or Sell
8-day SMA: 104.07 Sell
20-day SMA: 107 Sell
50-day SMA: 107.34 Sell
200-day SMA: 79.16 Buy
8-day EMA: 104.43 Sell
20-day EMA: 106.55 Sell
50-day EMA: 103.79 Sell
200-day EMA: 85.59 Buy

Shopify Technical Analysis Indicators

Chart Indicators Level Buy or Sell
MACD (12, 26): -1.32 Sell
Relative Strength Index (14 RSI): 43.95 Sell
Chaikin Money Flow: -4116661 -
Bollinger Bands Level Buy or Sell
Bollinger Bands (25): (104.11 - 113.71) Sell
Bollinger Bands (100): (76.07 - 108.89) 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 103.35 while SHOP 8-day simple moving average is 104.07, which is a Sell signal.
  • The stock price of SHOP is 103.35 while Shopify 20-day SMA is 107.00, which makes it a Sell.
  • Shopify 50-day simple moving average is 107.34 while SHOP share price is 103.35, making it a Sell technically.
  • SHOP stock price is 103.35 and Shopify 200-day simple moving average is 79.16, creating a Buy signal.

SHOP Technical Analysis vs Fundamental Analysis

Buy
54
Shopify (SHOP) is a Buy

Is Shopify a Buy or a Sell?

  • Shopify stock is rated a Buy
    The current Shopify [SHOP] share price is $103.35. The Score for SHOP is 54, which is 8% above its historic median score of 50, and infers lower risk than normal.

Shopify Stock Info

Market Cap:
133.5B
Price in USD:
103.35
Share Volume:
5.3M

Shopify 52-Week Range

52-Week High:
120.72
52-Week Low:
48.56
Buy
54
Shopify (SHOP) is a Buy

Shopify Share Price Forecast

  • What is the Shopify stock price today?
    The Shopify stock price is 103.35 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 not overvalued.

Is Shopify Stock a Buy?

  • Shopify share price is 103.35 while SHOP 8-day exponential moving average is 104.43, which is a Sell signal.
  • The stock price of SHOP is 103.35 while Shopify 20-day EMA is 106.55, which makes it a Sell.
  • Shopify 50-day exponential moving average is 103.79 while SHOP share price is 103.35, making it a Sell technically.
  • SHOP stock price is 103.35 and Shopify 200-day simple moving average is 85.59, 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 $0.28 per share, and an increase next year of $0.40 per share.

Technical Analysis of Shopify

Should I short Shopify stock?

  • SHOP Moving Average Covergence Divergence (MACD) indicator is -1.32, suggesting Shopify is a Sell
  • Shopify Relative Strength Index (RSI) is 43.95, which suggest Shopify is oversold
  • The Bollinger Bands (25) for Shopify is (104.11 - 113.71), which suggest Shopify is a Buy
  • The Bollinger Bands (100) for Shopify is (76.07 - 108.89), 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.