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Shopify (TSE:SHOP)
TSX:SHOP
Canadian Market

Shopify (SHOP) Technical Analysis

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Summary of all the Indicators

Overall Consensus
Sell
6Bullish
4Neutral
12Bearish
Technical Analysis Consensus
Buy
4Bullish
4Neutral
2Bearish
Moving Average Consensus
Strong Sell
2Bullish
0Neutral
10Bearish
Shopify’s (SHOP) Moving Averages Convergence Divergence (MACD) indicator is 0.11, suggesting Shopify is a Sell.
Shopify’s (SHOP) 20-Day exponential moving average is 130.12, while Shopify’s (SHOP) share price is C$131.29, making it a Sell.
Shopify’s (SHOP) 50-Day exponential moving average is 135.59, while Shopify’s (SHOP) share price is C$131.29, making it a Sell.

Shopify (SHOP) Pivot Points

May 08, 2025, 02:56 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
126.89
129.28
132.57
134.96
138.25
140.64
143.93
Fibonacci
129.28
131.45
132.79
134.96
137.13
138.47
140.64
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

May 08, 2025, 02:56 PM
Period
Simple
Exponential
MA5
133.51Sell
132.92Sell
MA10
133.33Sell
131.49Sell
MA20
125.16Buy
130.12Sell
MA50
135.67Sell
135.59Sell
MA100
148.89Sell
138.55Sell
MA200
131.05Sell
124.81Buy
Shopify’s (SHOP) 10-Day exponential moving average is 131.49, while Shopify’s (SHOP) share price is C$131.29, making it a Sell.
Shopify’s (SHOP) 100-Day exponential moving average is 138.55, while Shopify’s (SHOP) share price is C$131.29, making it a Sell.
Shopify’s (SHOP) stock price is C$131.29 and Shopify’s (SHOP) 50-day simple moving average is 135.67, creating a Sell signal.
Shopify’s (SHOP) stock price is C$131.29 and Shopify’s (SHOP) 100-day simple moving average is 148.89, creating a Sell signal.
Shopify’s (SHOP) stock price is C$131.29 and Shopify’s (SHOP) 200-day simple moving average is 131.05, creating a Sell signal.

Shopify (SHOP) Technical Indicators

May 08, 2025, 02:56 PM
Name
Value
Implied Action
RSI (14)
48.49
Neutral
STOCH (9,6)
70.90
Neutral
STOCHRSI (14)
83.81
Sell
MACD (12,26)
0.11
Sell
ADX (14)
13.40
Buy
Williams %R
-33.67
Buy
CCI (14)
48.13
Neutral
ATR (14)
7.93
-
Ultimate Oscillator
51.19
Neutral
ROC
10.11
Buy
Shopify’s (SHOP) Relative Strength Index (RSI) is 48.49, creating a Neutral signal.
Shopify’s (SHOP) Trend Strength Indicator (ADX) is 13.40, creating a Buy signal.
Shopify’s (SHOP) Commodity Channel Index (CCI) is 48.13, creating a Neutral signal.
Shopify’s (SHOP) Price Rate of Change (ROC) is 10.11, creating a Buy signal.

FAQ

Is SHOP a Buy, Hold, or Sell?
Based on SHOP’s technical indicators, SHOP is a Sell.
    What is SHOP’s RSI (14)?
    SHOP’s RSI (14) is 48.49, which suggests SHOP is a Neutral.
      What is SHOP’s MACD?
      SHOP’s MACD is 0.11, which suggests SHOP is a Sell.
        What is SHOP’s 5-day moving average?
        SHOP’s 5-day moving average is 133.51, which suggests SHOP is a Sell.
          What is SHOP’s 20-day moving average?
          SHOP 20-day moving average is 125.16, which suggests SHOP is a Buy.
            What is SHOP’s 50-day moving average?
            SHOP’s 50-day moving average is 135.67, which suggests SHOP is a Sell.
              What is SHOP’s 200-day moving average?
              SHOP’s 200-day moving average is 131.05, which suggests SHOP is a Sell.
                What is SHOP’s Williams % R (14)?
                SHOP’s Williams % R (14) is -33.67, which suggests SHOP is a Buy.
                  What is SHOP’s CCI (14)?
                  SHOP’s CCI (14) is 48.13, which suggests SHOP is a Neutral.
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