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

20,105 Followers

Technical Sentiment

Overall Consensus
Neutral
7Bullish
6Neutral
9Bearish
Technical Analysis Consensus
Neutral
2Bullish
6Neutral
2Bearish
Moving Average Consensus
Sell
5Bullish
0Neutral
7Bearish
Shopify’s (SHOP) Moving Averages Convergence Divergence (MACD) indicator is -1.32, suggesting Shopify is a Buy.
Shopify’s (SHOP) 20-Day exponential moving average is 106.55, while Shopify’s (SHOP) share price is $103.35, making it a Sell.
Shopify’s (SHOP) 50-Day exponential moving average is 103.79, while Shopify’s (SHOP) share price is $103.35, making it a Sell.

Shopify (SHOP) Pivot Points

Jan 18, 2025, 02:11 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
100.06
101.60
102.55
104.09
105.03
106.57
107.52
Fibonacci
101.60
102.55
103.14
104.09
105.03
105.62
106.57
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

Jan 18, 2025, 02:11 PM
Period
Simple
Exponential
MA5
102.89Buy
103.72Sell
MA10
105.61Sell
104.92Sell
MA20
107.00Sell
106.55Sell
MA50
107.34Sell
103.79Sell
MA100
92.48Buy
95.71Buy
MA200
79.16Buy
86.11Buy
Shopify’s (SHOP) 10-Day exponential moving average is 104.92, while Shopify’s (SHOP) share price is $103.35, making it a Sell.
Shopify’s (SHOP) 100-Day exponential moving average is 95.71, while Shopify’s (SHOP) share price is $103.35, making it a Buy.
Shopify’s (SHOP) stock price is $103.35 and Shopify’s (SHOP) 50-day simple moving average is 107.34, creating a Sell signal.
Shopify’s (SHOP) stock price is $103.35 and Shopify’s (SHOP) 100-day simple moving average is 92.48, creating a Buy signal.
Shopify’s (SHOP) stock price is $103.35 and Shopify’s (SHOP) 200-day simple moving average is 79.16, creating a Buy signal.

Shopify (SHOP) Technical Indicators

Jan 18, 2025, 02:11 PM
Name
Value
Implied Action
RSI (14)
43.95
Neutral
STOCH (9,6)
28.47
Neutral
STOCHRSI (14)
28.47
Neutral
MACD (12,26)
-1.32
Buy
ADX (14)
20.22
Neutral
Williams %R
-73.65
Buy
CCI (14)
-75.09
Neutral
ATR (14)
3.97
-
Ultimate Oscillator
50.18
Neutral
ROC
-6.01
Sell
Shopify’s (SHOP) Relative Strength Index (RSI) is 43.95, creating a Neutral signal.
Shopify’s (SHOP) Trend Strength Indicator (ADX) is 20.22, creating a Neutral signal.
Shopify’s (SHOP) Commodity Channel Index (CCI) is -75.09, creating a Neutral signal.
Shopify’s (SHOP) Price Rate of Change (ROC) is -6.01, creating a Sell signal.

FAQ

Is SHOP a Buy, Hold, or Sell?
Based on SHOP’s technical indicators, SHOP is a Hold.
    What is SHOP’s RSI (14)?
    SHOP’s RSI (14) is 43.95, which suggests SHOP is a Neutral.
      What is SHOP’s MACD?
      SHOP’s MACD is -1.32, which suggests SHOP is a Buy.
        What is SHOP’s 5-day moving average?
        SHOP’s 5-day moving average is 102.89, which suggests SHOP is a Buy.
          What is SHOP’s 20-day moving average?
          SHOP 20-day moving average is 107.00, which suggests SHOP is a Sell.
            What is SHOP’s 50-day moving average?
            SHOP’s 50-day moving average is 107.34, which suggests SHOP is a Sell.
              What is SHOP’s 200-day moving average?
              SHOP’s 200-day moving average is 79.16, which suggests SHOP is a Buy.
                What is SHOP’s Williams % R (14)?
                SHOP’s Williams % R (14) is -73.65, which suggests SHOP is a Buy.
                  What is SHOP’s CCI (14)?
                  SHOP’s CCI (14) is -75.09, which suggests SHOP is a Neutral.
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