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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
Strong Sell
2Bullish
6Neutral
14Bearish
Technical Analysis Consensus
Neutral
2Bullish
6Neutral
2Bearish
Moving Average Consensus
Strong Sell
0Bullish
0Neutral
12Bearish
Shopify’s (SHOP) Moving Averages Convergence Divergence (MACD) indicator is -9.41, suggesting Shopify is a Buy.
Shopify’s (SHOP) 20-Day exponential moving average is 129.49, while Shopify’s (SHOP) share price is C$114.85, making it a Sell.
Shopify’s (SHOP) 50-Day exponential moving average is 141.18, while Shopify’s (SHOP) share price is C$114.85, making it a Sell.

Shopify (SHOP) Pivot Points

Apr 16, 2025, 02:27 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
100.75
104.66
110.52
114.43
120.29
124.20
130.06
Fibonacci
104.66
108.39
110.69
114.43
118.16
120.46
124.20
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

Apr 16, 2025, 02:27 PM
Period
Simple
Exponential
MA5
117.69Sell
117.60Sell
MA10
120.99Sell
121.86Sell
MA20
133.45Sell
129.49Sell
MA50
149.41Sell
141.18Sell
MA100
153.37Sell
142.35Sell
MA200
128.25Sell
126.42Sell
Shopify’s (SHOP) 10-Day exponential moving average is 121.86, while Shopify’s (SHOP) share price is C$114.85, making it a Sell.
Shopify’s (SHOP) 100-Day exponential moving average is 142.35, while Shopify’s (SHOP) share price is C$114.85, making it a Sell.
Shopify’s (SHOP) stock price is C$114.85 and Shopify’s (SHOP) 50-day simple moving average is 149.41, creating a Sell signal.
Shopify’s (SHOP) stock price is C$114.85 and Shopify’s (SHOP) 100-day simple moving average is 153.37, creating a Sell signal.
Shopify’s (SHOP) stock price is C$114.85 and Shopify’s (SHOP) 200-day simple moving average is 128.25, creating a Sell signal.

Shopify (SHOP) Technical Indicators

Apr 16, 2025, 02:27 PM
Name
Value
Implied Action
RSI (14)
38.42
Neutral
STOCH (9,6)
37.47
Neutral
STOCHRSI (14)
29.43
Neutral
MACD (12,26)
-9.41
Buy
ADX (14)
22.04
Neutral
Williams %R
-72.67
Buy
CCI (14)
-74.39
Neutral
ATR (14)
11.99
-
Ultimate Oscillator
52.26
Neutral
ROC
-26.77
Sell
Shopify’s (SHOP) Relative Strength Index (RSI) is 38.42, creating a Neutral signal.
Shopify’s (SHOP) Trend Strength Indicator (ADX) is 22.04, creating a Neutral signal.
Shopify’s (SHOP) Commodity Channel Index (CCI) is -74.39, creating a Neutral signal.
Shopify’s (SHOP) Price Rate of Change (ROC) is -26.77, creating a Sell signal.

FAQ

Is SHOP a Buy, Hold, or Sell?
Based on SHOP’s technical indicators, SHOP is a Strong Sell.
    What is SHOP’s RSI (14)?
    SHOP’s RSI (14) is 38.42, which suggests SHOP is a Neutral.
      What is SHOP’s MACD?
      SHOP’s MACD is -9.41, which suggests SHOP is a Buy.
        What is SHOP’s 5-day moving average?
        SHOP’s 5-day moving average is 117.69, which suggests SHOP is a Sell.
          What is SHOP’s 20-day moving average?
          SHOP 20-day moving average is 133.45, which suggests SHOP is a Sell.
            What is SHOP’s 50-day moving average?
            SHOP’s 50-day moving average is 149.41, which suggests SHOP is a Sell.
              What is SHOP’s 200-day moving average?
              SHOP’s 200-day moving average is 128.25, which suggests SHOP is a Sell.
                What is SHOP’s Williams % R (14)?
                SHOP’s Williams % R (14) is -72.67, which suggests SHOP is a Buy.
                  What is SHOP’s CCI (14)?
                  SHOP’s CCI (14) is -74.39, which suggests SHOP is a Neutral.
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