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Shopify Stock Price Chart

  • Based on the share price being above its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bullish 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: 71.71 Buy
20-day SMA: 71.35 Buy
50-day SMA: 74.71 Sell
200-day SMA: 68.41 Buy
8-day EMA: 71.98 Buy
20-day EMA: 72.29 Buy
50-day EMA: 74.09 Buy
200-day EMA: 69.49 Buy

Shopify Technical Analysis Indicators

Chart Indicators Level Buy or Sell
MACD (12, 26): -0.86 Sell
Relative Strength Index (14 RSI): 54.81 Buy
Chaikin Money Flow: 3931861 -
Bollinger Bands Level Buy or Sell
Bollinger Bands (25): (69.64 - 75.08) Buy
Bollinger Bands (100): (72.68 - 81.3) 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 74.46 while SHOP 8-day simple moving average is 71.71, which is a Buy signal.
  • The stock price of SHOP is 74.46 while Shopify 20-day SMA is 71.35, which makes it a Buy.
  • Shopify 50-day simple moving average is 74.71 while SHOP share price is 74.46, making it a Sell technically.
  • SHOP stock price is 74.46 and Shopify 200-day simple moving average is 68.41, 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 $74.46. 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:
95.94B
Price in USD:
74.46
Share Volume:
7.3M

Shopify 52-Week Range

52-Week High:
91.57
52-Week Low:
45.50
Buy
58
Shopify (SHOP) is a Buy

Shopify Share Price Forecast

  • What is the Shopify stock price today?
    The Shopify stock price is 74.46 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 74.46 while SHOP 8-day exponential moving average is 71.98, which is a Buy signal.
  • The stock price of SHOP is 74.46 while Shopify 20-day EMA is 72.29, which makes it a Buy.
  • Shopify 50-day exponential moving average is 74.09 while SHOP share price is 74.46, making it a Buy technically.
  • SHOP stock price is 74.46 and Shopify 200-day simple moving average is 69.49, creating a Buy signal.

Fundamental Analysis of Shopify

Is Shopify a good investment?

  • Analysts estimate an earnings increase this quarter of $0.12 per share, an increase next quarter of $0.01 per share, an increase this year of $0.35 per share, and an increase next year of $0.33 per share.

Technical Analysis of Shopify

Should I short Shopify stock?

  • SHOP Moving Average Covergence Divergence (MACD) indicator is -0.86, suggesting Shopify is a Sell
  • Shopify Relative Strength Index (RSI) is 54.81, which suggest Shopify is overbought
  • The Bollinger Bands (25) for Shopify is (69.64 - 75.08), which suggest Shopify is a Sell
  • The Bollinger Bands (100) for Shopify is (72.68 - 81.3), 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.