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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.TO is experiencing slight buying pressure.

Shopify Price Chart Indicators

Moving Averages Level Buy or Sell
8-day SMA: 101.2 Buy
20-day SMA: 98.63 Buy
50-day SMA: 93.48 Buy
200-day SMA: 97.22 Buy
8-day EMA: 102.05 Buy
20-day EMA: 99.08 Buy
50-day EMA: 95.52 Buy
200-day EMA: 92.5 Buy

Shopify Technical Analysis Indicators

Chart Indicators Level Buy or Sell
MACD (12, 26): 2.56 Buy
Relative Strength Index (14 RSI): 68.43 Buy
Chaikin Money Flow: 2083845 -
Bollinger Bands Level Buy or Sell
Bollinger Bands (25): (95.29 - 103.41) Buy
Bollinger Bands (100): (82.19 - 98.51) 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 106.76 while SHOP.TO 8-day simple moving average is 101.20, which is a Buy signal.
  • The stock price of SHOP.TO is 106.76 while Shopify 20-day SMA is 98.63, which makes it a Buy.
  • Shopify 50-day simple moving average is 93.48 while SHOP.TO share price is 106.76, making it a Buy technically.
  • SHOP.TO stock price is 106.76 and Shopify 200-day simple moving average is 97.22, creating a Buy signal.

SHOP.TO Technical Analysis vs Fundamental Analysis

Buy
62
Shopify (SHOP.TO) is a Buy

Is Shopify a Buy or a Sell?

  • Shopify stock is rated a Buy
    The current Shopify [SHOP.TO] share price is $106.76. The Score for SHOP.TO is 62, which is 24% above its historic median score of 50, and infers lower risk than normal.

Shopify Stock Info

Market Cap:
137.76B
Price in USD:
106.76
Share Volume:
8.43M

Shopify 52-Week Range

52-Week High:
123.20
52-Week Low:
63.16
Buy
62
Shopify (SHOP.TO) is a Buy

Shopify Share Price Forecast

  • What is the Shopify stock price today?
    The Shopify stock price is 106.76 USD today.
  • Will SHOP.TO 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 106.76 while SHOP.TO 8-day exponential moving average is 102.05, which is a Buy signal.
  • The stock price of SHOP.TO is 106.76 while Shopify 20-day EMA is 99.08, which makes it a Buy.
  • Shopify 50-day exponential moving average is 95.52 while SHOP.TO share price is 106.76, making it a Buy technically.
  • SHOP.TO stock price is 106.76 and Shopify 200-day simple moving average is 92.50, creating a Buy signal.

Fundamental Analysis of Shopify

Is Shopify a good investment?

  • Analysts estimate an earnings increase this quarter of $0.17 per share, an increase next quarter of $0.08 per share, an increase this year of $0.57 per share, and an increase next year of $0.35 per share.

Technical Analysis of Shopify

Should I short Shopify stock?

  • SHOP.TO Moving Average Covergence Divergence (MACD) indicator is 2.56, suggesting Shopify is a Buy
  • Shopify Relative Strength Index (RSI) is 68.43, which suggest Shopify is overbought
  • The Bollinger Bands (25) for Shopify is (95.29 - 103.41), which suggest Shopify is a Buy
  • The Bollinger Bands (100) for Shopify is (82.19 - 98.51), 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.