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Shopify Stock Price Chart

  • Based on the share price being below its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bearish and SHOP is experiencing buying pressure, which is a positive indicator for future bullish movement.

Shopify Price Chart Indicators

Moving Averages Level Buy or Sell
8-day SMA: 94.55 Sell
20-day SMA: 97.07 Sell
50-day SMA: 108.27 Sell
200-day SMA: 90.3 Sell
8-day EMA: 91.84 Sell
20-day EMA: 97.78 Sell
50-day EMA: 103.25 Sell
200-day EMA: 94.36 Sell

Shopify Technical Analysis Indicators

Chart Indicators Level Buy or Sell
MACD (12, 26): -5.02 Sell
Relative Strength Index (14 RSI): 29.78 Sell
Chaikin Money Flow: 19981217 -
Bollinger Bands Level Buy or Sell
Bollinger Bands (25): (90.82 - 105.86) Sell
Bollinger Bands (100): (98.99 - 118.05) Sell

Shopify Technical Analysis

Technical Analysis: Buy or Sell?
8-day SMA:
20-day SMA:
50-day SMA:
200-day SMA:
8-day EMA:
20-day EMA:
50-day EMA:
200-day EMA:
MACD (12, 26):
Relative Strength Index (14 RSI):
Bollinger Bands (25):
Bollinger Bands (100):

Technical Analysis for Shopify Stock

Is Shopify Stock a Buy?

  • Shopify share price is 76.89 while SHOP 8-day simple moving average is 94.55, which is a Sell signal.
  • The stock price of SHOP is 76.89 while Shopify 20-day SMA is 97.07, which makes it a Sell.
  • Shopify 50-day simple moving average is 108.27 while SHOP share price is 76.89, making it a Sell technically.
  • SHOP stock price is 76.89 and Shopify 200-day simple moving average is 90.30, creating a Sell signal.

SHOP Technical Analysis vs Fundamental Analysis

Sell
31
Shopify (SHOP) is a Sell

Is Shopify a Buy or a Sell?

  • Shopify stock is rated a Sell
    The current Shopify [SHOP] share price is $76.89. The Score for SHOP is 31, which is 38% below its historic median score of 50, and infers higher risk than normal.

Shopify Stock Info

Market Cap:
99.6B
Price in USD:
76.89
Share Volume:
29.7M

Shopify 52-Week Range

52-Week High:
129.38
52-Week Low:
48.56
Sell
31
Shopify (SHOP) is a Sell

Shopify Share Price Forecast

  • What is the Shopify stock price today?
    The Shopify stock price is 76.89 USD today.
  • Will SHOP stock go up or go down?
    Shopify> share price is forecast to RISE/FALL based on technical indicators
  • Is Shopify overvalued?
    According to simple moving average, exponential moving average, oscillators, and other technical indicators, Shopify is overvalued.

Is Shopify Stock a Buy?

  • Shopify share price is 76.89 while SHOP 8-day exponential moving average is 91.84, which is a Sell signal.
  • The stock price of SHOP is 76.89 while Shopify 20-day EMA is 97.78, which makes it a Sell.
  • Shopify 50-day exponential moving average is 103.25 while SHOP share price is 76.89, making it a Sell technically.
  • SHOP stock price is 76.89 and Shopify 200-day simple moving average is 94.36, creating a Sell signal.

Fundamental Analysis of Shopify

Is Shopify a good investment?

  • Analysts estimate an earnings increase this quarter of $0.17 per share, a decrease next quarter of $0.03 per share, an increase this year of $0.23 per share, and an increase next year of $0.41 per share.

Technical Analysis of Shopify

Should I short Shopify stock?

  • SHOP Moving Average Covergence Divergence (MACD) indicator is -5.02, suggesting Shopify is a Sell
  • Shopify Relative Strength Index (RSI) is 29.78, which suggest Shopify is oversold
  • The Bollinger Bands (25) for Shopify is (90.82 - 105.86), which suggest Shopify is a Sell
  • The Bollinger Bands (100) for Shopify is (98.99 - 118.05), which suggest Shopify is a Sell

* Shopify stock forecasts short-term for next days and weeks may differ from long term prediction for next month and year based on timeline differences.