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Shopify Stock Price Chart

  • Based on the share price being above its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bullish and SHOP is experiencing slight buying pressure.

Shopify Price Chart Indicators

Moving Averages Level Buy or Sell
8-day SMA: 74.49 Buy
20-day SMA: 72.82 Buy
50-day SMA: 68.22 Buy
200-day SMA: 71.5 Buy
8-day EMA: 75.15 Buy
20-day EMA: 72.91 Buy
50-day EMA: 70.02 Buy
200-day EMA: 67.86 Buy

Shopify Technical Analysis Indicators

Chart Indicators Level Buy or Sell
MACD (12, 26): 2.01 Buy
Relative Strength Index (14 RSI): 68.36 Buy
Chaikin Money Flow: 1460952 -
Bollinger Bands Level Buy or Sell
Bollinger Bands (25): (70.3 - 76.2) Buy
Bollinger Bands (100): (59.66 - 72.28) Buy

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 78.72 while SHOP 8-day simple moving average is 74.49, which is a Buy signal.
  • The stock price of SHOP is 78.72 while Shopify 20-day SMA is 72.82, which makes it a Buy.
  • Shopify 50-day simple moving average is 68.22 while SHOP share price is 78.72, making it a Buy technically.
  • SHOP stock price is 78.72 and Shopify 200-day simple moving average is 71.50, creating a Buy signal.

SHOP Technical Analysis vs Fundamental Analysis

Buy
61
Shopify (SHOP) is a Buy

Is Shopify a Buy or a Sell?

  • Shopify stock is rated a Buy
    The current Shopify [SHOP] share price is $78.72. The Score for SHOP is 61, which is 22% above its historic median score of 50, and infers lower risk than normal.

Shopify Stock Info

Market Cap:
101.58B
Price in USD:
78.72
Share Volume:
5.29M

Shopify 52-Week Range

52-Week High:
91.57
52-Week Low:
45.50
Buy
61
Shopify (SHOP) is a Buy

Shopify Share Price Forecast

  • What is the Shopify stock price today?
    The Shopify stock price is 78.72 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 not overvalued.

Is Shopify Stock a Buy?

  • Shopify share price is 78.72 while SHOP 8-day exponential moving average is 75.15, which is a Buy signal.
  • The stock price of SHOP is 78.72 while Shopify 20-day EMA is 72.91, which makes it a Buy.
  • Shopify 50-day exponential moving average is 70.02 while SHOP share price is 78.72, making it a Buy technically.
  • SHOP stock price is 78.72 and Shopify 200-day simple moving average is 67.86, creating a Buy signal.

Fundamental Analysis of Shopify

Is Shopify a good investment?

  • Analysts estimate an earnings increase this quarter of $0.13 per share, an increase next quarter of $0.06 per share, an increase this year of $0.41 per share, and an increase next year of $0.26 per share.

Technical Analysis of Shopify

Should I short Shopify stock?

  • SHOP Moving Average Covergence Divergence (MACD) indicator is 2.01, suggesting Shopify is a Buy
  • Shopify Relative Strength Index (RSI) is 68.36, which suggest Shopify is overbought
  • The Bollinger Bands (25) for Shopify is (70.3 - 76.2), which suggest Shopify is a Buy
  • The Bollinger Bands (100) for Shopify is (59.66 - 72.28), which suggest Shopify is a Buy

* 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.