(SHOP) Shopify Inc Weekly charts technical analysis
(SHOP) Shopify Inc Weekly charts technical analysis Weekly analysis of Shopify Inc | Buy/Sell Shopify Inc
Shopify Inc trades in USA in Technology sector.
10 day averaged volume of Shopify Inc is 7806040
Date | Closing Price | Open | High | Low | Volume |
01 Wed May 2024 | 70.40 | 73.81 | 74.48 | 68.88 | 25.792 Mn |
26 Fri Apr 2024 | 71.33 | 70.05 | 74.72 | 69.32 | 32.894 Mn |
19 Fri Apr 2024 | 69.67 | 70.00 | 71.63 | 68.02 | 44.794 Mn |
12 Fri Apr 2024 | 70.00 | 75.21 | 75.46 | 69.19 | 42.203 Mn |
05 Fri Apr 2024 | 75.28 | 77.35 | 79.29 | 73.69 | 38.274 Mn |
28 Thu Mar 2024 | 77.17 | 78.10 | 79.75 | 77.00 | 17.699 Mn |
22 Fri Mar 2024 | 78.72 | 78.00 | 83.39 | 75.30 | 33.878 Mn |
15 Fri Mar 2024 | 77.15 | 75.60 | 79.80 | 74.44 | 34.899 Mn |
08 Fri Mar 2024 | 76.16 | 76.47 | 79.58 | 72.64 | 39.88 Mn |
01 Fri Mar 2024 | 76.59 | 76.31 | 78.66 | 74.73 | 36.087 Mn |
Indicators analysis of Shopify Inc (SHOP)
Price action analysis of Shopify Inc ( (SHOP) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Shopify Inc ( (SHOP) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Shopify Inc ( (SHOP) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Shopify Inc ( (SHOP) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Shopify Inc stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Shopify Inc in short term but the sell signal is initial and weak.
Shopify Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shopify Inc in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Shopify Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 74.03 and Shopify Inc (SHOP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Shopify Inc (SHOP) stock. Volume based technical analysis of Shopify Inc (SHOP) stock is negative.
Shopify Inc Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Weekly charts
Price action analysis of Shopify Inc ( (SHOP) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Shopify Inc ( (SHOP) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Shopify Inc ( (SHOP) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Shopify Inc ( (SHOP) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Shopify Inc stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Shopify Inc in short term but the sell signal is initial and weak.
Shopify Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shopify Inc in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Shopify Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 74.03 and Shopify Inc (SHOP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Shopify Inc (SHOP) stock. Volume based technical analysis of Shopify Inc (SHOP) stock is negative.
Shopify Inc Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.