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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 slight buying pressure.

Shopify Price Chart Indicators

Moving Averages Level Buy or Sell
8-day SMA: 103.44 Sell
20-day SMA: 101.04 Buy
50-day SMA: 109.87 Sell
200-day SMA: 89.51 Buy
8-day EMA: 103.51 Sell
20-day EMA: 103.84 Sell
50-day EMA: 106.53 Sell
200-day EMA: 94.54 Buy

Shopify Technical Analysis Indicators

Chart Indicators Level Buy or Sell
MACD (12, 26): -1.7 Sell
Relative Strength Index (14 RSI): 47.21 Sell
Chaikin Money Flow: 3071142 -
Bollinger Bands Level Buy or Sell
Bollinger Bands (25): (96.18 - 110.78) Sell
Bollinger Bands (100): (97.06 - 118.64) Sell

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 102.52 while SHOP 8-day simple moving average is 103.44, which is a Sell signal.
  • The stock price of SHOP is 102.52 while Shopify 20-day SMA is 101.04, which makes it a Buy.
  • Shopify 50-day simple moving average is 109.87 while SHOP share price is 102.52, making it a Sell technically.
  • SHOP stock price is 102.52 and Shopify 200-day simple moving average is 89.51, creating a Buy signal.

SHOP Technical Analysis vs Fundamental Analysis

Buy
58
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 $102.52. The Score for SHOP is 58, which is 16% above its historic median score of 50, and infers lower risk than normal.

Shopify Stock Info

Market Cap:
132.7B
Price in USD:
102.52
Share Volume:
7.6M

Shopify 52-Week Range

52-Week High:
129.38
52-Week Low:
48.56
Buy
58
Shopify (SHOP) is a Buy

Shopify Share Price Forecast

  • What is the Shopify stock price today?
    The Shopify stock price is 102.52 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 102.52 while SHOP 8-day exponential moving average is 103.51, which is a Sell signal.
  • The stock price of SHOP is 102.52 while Shopify 20-day EMA is 103.84, which makes it a Sell.
  • Shopify 50-day exponential moving average is 106.53 while SHOP share price is 102.52, making it a Sell technically.
  • SHOP stock price is 102.52 and Shopify 200-day simple moving average is 94.54, creating a Buy signal.

Fundamental Analysis of Shopify

Is Shopify a good investment?

  • Analysts estimate an earnings increase this quarter of $0.17 per share, a decrease next quarter of $0.03 per share, an increase this year of $0.23 per share, and an increase next year of $0.41 per share.

Technical Analysis of Shopify

Should I short Shopify stock?

  • SHOP Moving Average Covergence Divergence (MACD) indicator is -1.7, suggesting Shopify is a Sell
  • Shopify Relative Strength Index (RSI) is 47.21, which suggest Shopify is oversold
  • The Bollinger Bands (25) for Shopify is (96.18 - 110.78), which suggest Shopify is a Sell
  • The Bollinger Bands (100) for Shopify is (97.06 - 118.64), which suggest Shopify is a Sell

* 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.