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Shopify Inc. (TSE:SHOP)
:SHOP
Canadian Market

Shopify (SHOP) Technical Analysis

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2,216 Followers

Summary of all the Indicators

Overall Consensus
Buy
11Bullish
5Neutral
6Bearish
Technical Analysis Consensus
Sell
2Bullish
5Neutral
3Bearish
Moving Average Consensus
Buy
9Bullish
0Neutral
3Bearish
Shopify Inc.’s (SHOP) Moving Averages Convergence Divergence (MACD) indicator is -5.58, suggesting Shopify Inc. is a Sell.
Shopify Inc.’s (SHOP) 20-Day exponential moving average is 147.34, while Shopify Inc.’s (SHOP) share price is C$149.55, making it a Buy.
Shopify Inc.’s (SHOP) 50-Day exponential moving average is 152.69, while Shopify Inc.’s (SHOP) share price is C$149.55, making it a Sell.

Shopify (SHOP) Pivot Points

Mar 24, 2025, 05:51 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
134.22
138.03
141.86
145.67
149.50
153.31
157.14
Fibonacci
138.03
140.95
142.75
145.67
148.59
150.39
153.31
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

Mar 24, 2025, 05:51 PM
Period
Simple
Exponential
MA5
142.63Buy
144.16Buy
MA10
138.69Buy
143.30Buy
MA20
146.97Buy
147.34Buy
MA50
157.26Sell
152.69Sell
MA100
152.98Sell
147.34Buy
MA200
124.82Buy
127.51Buy
Shopify Inc.’s (SHOP) 10-Day exponential moving average is 143.30, while Shopify Inc.’s (SHOP) share price is C$149.55, making it a Buy.
Shopify Inc.’s (SHOP) 100-Day exponential moving average is 147.34, while Shopify Inc.’s (SHOP) share price is C$149.55, making it a Buy.
Shopify Inc.’s (SHOP) stock price is C$149.55 and Shopify Inc.’s (SHOP) 50-day simple moving average is 157.26, creating a Sell signal.
Shopify Inc.’s (SHOP) stock price is C$149.55 and Shopify Inc.’s (SHOP) 100-day simple moving average is 152.98, creating a Sell signal.
Shopify Inc.’s (SHOP) stock price is C$149.55 and Shopify Inc.’s (SHOP) 200-day simple moving average is 124.82, creating a Buy signal.

Shopify (SHOP) Technical Indicators

Mar 24, 2025, 05:51 PM
Name
Value
Implied Action
RSI (14)
49.79
Neutral
STOCH (9,6)
88.79
Sell
STOCHRSI (14)
56.22
Neutral
MACD (12,26)
-5.58
Sell
ADX (14)
20.69
Neutral
Williams %R
-24.06
Buy
CCI (14)
2.41
Neutral
ATR (14)
8.49
-
Ultimate Oscillator
56.32
Neutral
ROC
-3.24
Sell
Shopify Inc.’s (SHOP) Relative Strength Index (RSI) is 49.79, creating a Neutral signal.
Shopify Inc.’s (SHOP) Trend Strength Indicator (ADX) is 20.69, creating a Neutral signal.
Shopify Inc.’s (SHOP) Commodity Channel Index (CCI) is 2.41, creating a Neutral signal.
Shopify Inc.’s (SHOP) Price Rate of Change (ROC) is -3.24, creating a Sell 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 49.79, which suggests SHOP is a Neutral.
      What is SHOP’s MACD?
      SHOP’s MACD is -5.58, which suggests SHOP is a Sell.
        What is SHOP’s 5-day moving average?
        SHOP’s 5-day moving average is 142.63, which suggests SHOP is a Buy.
          What is SHOP’s 20-day moving average?
          SHOP 20-day moving average is 146.97, which suggests SHOP is a Buy.
            What is SHOP’s 50-day moving average?
            SHOP’s 50-day moving average is 157.26, which suggests SHOP is a Sell.
              What is SHOP’s 200-day moving average?
              SHOP’s 200-day moving average is 124.82, which suggests SHOP is a Buy.
                What is SHOP’s Williams % R (14)?
                SHOP’s Williams % R (14) is -24.06, which suggests SHOP is a Buy.
                  What is SHOP’s CCI (14)?
                  SHOP’s CCI (14) is 2.41, which suggests SHOP is a Neutral.
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