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

19,364 Followers

Technical Sentiment

Overall Consensus
Buy
14Bullish
2Neutral
6Bearish
Technical Analysis Consensus
Sell
2Bullish
2Neutral
6Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Shopify’s (SHOP) Moving Averages Convergence Divergence (MACD) indicator is 1.71, suggesting Shopify is a Sell.
Shopify’s (SHOP) 20-Day exponential moving average is 82.05, while Shopify’s (SHOP) share price is $89.99, making it a Buy.
Shopify’s (SHOP) 50-Day exponential moving average is 78.88, while Shopify’s (SHOP) share price is $89.99, making it a Buy.

Shopify (SHOP) Pivot Points

Nov 22, 2024, 08:30 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
83.82
84.53
85.83
86.54
87.84
88.55
89.85
Fibonacci
84.53
85.30
85.78
86.54
87.31
87.79
88.55
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

Nov 22, 2024, 08:30 PM
Period
Simple
Exponential
MA5
84.83Buy
85.77Buy
MA10
82.02Buy
83.57Buy
MA20
81.55Buy
82.05Buy
MA50
78.72Buy
78.88Buy
MA100
72.58Buy
75.40Buy
MA200
72.23Buy
74.49Buy
Shopify’s (SHOP) 10-Day exponential moving average is 83.57, while Shopify’s (SHOP) share price is $89.99, making it a Buy.
Shopify’s (SHOP) 100-Day exponential moving average is 75.40, while Shopify’s (SHOP) share price is $89.99, making it a Buy.
Shopify’s (SHOP) stock price is $89.99 and Shopify’s (SHOP) 50-day simple moving average is 78.72, creating a Buy signal.
Shopify’s (SHOP) stock price is $89.99 and Shopify’s (SHOP) 100-day simple moving average is 72.58, creating a Buy signal.
Shopify’s (SHOP) stock price is $89.99 and Shopify’s (SHOP) 200-day simple moving average is 72.23, creating a Buy signal.

Shopify (SHOP) Technical Indicators

Nov 22, 2024, 08:30 PM
Name
Value
Implied Action
RSI (14)
74.10
Sell
STOCH (9,6)
93.62
Sell
STOCHRSI (14)
93.62
Sell
MACD (12,26)
1.71
Sell
ADX (14)
22.85
Neutral
Williams %R
-14.43
Sell
CCI (14)
289.50
Sell
ATR (14)
2.37
-
Ultimate Oscillator
68.05
Neutral
ROC
10.27
Buy
Shopify’s (SHOP) Relative Strength Index (RSI) is 74.10, creating a Sell signal.
Shopify’s (SHOP) Trend Strength Indicator (ADX) is 22.85, creating a Neutral signal.
Shopify’s (SHOP) Commodity Channel Index (CCI) is 289.50, creating a Sell signal.
Shopify’s (SHOP) Price Rate of Change (ROC) is 10.27, creating a Buy signal.

FAQ

Is SHOP a Buy, Hold, or Sell?
Based on SHOP’s technical indicators, SHOP is a Buy.
    What is SHOP’s RSI (14)?
    SHOP’s RSI (14) is 74.10, which suggests SHOP is a Sell.
      What is SHOP’s MACD?
      SHOP’s MACD is 1.71, which suggests SHOP is a Sell.
        What is SHOP’s 5-day moving average?
        SHOP’s 5-day moving average is 84.83, which suggests SHOP is a Buy.
          What is SHOP’s 20-day moving average?
          SHOP 20-day moving average is 81.55, which suggests SHOP is a Buy.
            What is SHOP’s 50-day moving average?
            SHOP’s 50-day moving average is 78.72, which suggests SHOP is a Buy.
              What is SHOP’s 200-day moving average?
              SHOP’s 200-day moving average is 72.23, which suggests SHOP is a Buy.
                What is SHOP’s Williams % R (14)?
                SHOP’s Williams % R (14) is -14.43, which suggests SHOP is a Sell.
                  What is SHOP’s CCI (14)?
                  SHOP’s CCI (14) is 289.50, which suggests SHOP is a Sell.
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