(SHOP) Shopify Inc complete technical analysis [charts+indicators] | Buy/Sell Shopify Inc | (SHOP) share price targets
Complete technical analysis of Shopify Inc (SHOP) by charts plus indicators, forecast predictions and share price targets for Shopify Inc (SHOP)
Shopify Inc trades in USA in Technology sector.
Showing technical analysis as on 2025-01-21 View latest technical analysis
10 day averaged volume of Shopify Inc is 6018060
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue Jan 2025 | 106.28 | 104.14 | 106.83 | 103.80 | 0.842 times |
| 17 Fri Jan 2025 | 103.35 | 105.50 | 105.80 | 103.04 | 0.928 times |
| 17 Fri Jan 2025 | 103.35 | 105.50 | 105.80 | 103.04 | 0.928 times |
| 16 Thu Jan 2025 | 103.50 | 104.39 | 105.62 | 103.14 | 0.682 times |
| 15 Wed Jan 2025 | 104.24 | 104.49 | 104.83 | 102.83 | 1.036 times |
| 14 Tue Jan 2025 | 101.61 | 103.11 | 103.36 | 100.75 | 0.847 times |
| 13 Mon Jan 2025 | 101.76 | 101.00 | 102.14 | 99.05 | 1.343 times |
| 10 Fri Jan 2025 | 103.71 | 103.94 | 104.50 | 99.79 | 1.491 times |
| 08 Wed Jan 2025 | 107.64 | 106.48 | 108.03 | 105.02 | 0.862 times |
| 08 Wed Jan 2025 | 107.64 | 106.48 | 108.03 | 105.02 | 0.862 times |
My analysis of stock is bearish for shortterm, and stock might move down till 103.4 or till 99.7. Use a stoploss of 106.57 and if the stock hits stoploss, then it can shoot up till 109.69
Share price targets for Shopify Inc (SHOP)
| Target Type | Value |
| Downside Target | 65.86 |
| Downside Target | 77.12 |
| Downside Target | 81.15 |
| Downside Target | 84.37 |
| Downside Target | 99.05 |
| Downside Target | 103.04 |
| Downside Target | 105.80 |
| Upside Target | 106.83 |
| Upside Target | 108.03 |
| Upside Target | 115.37 |
| Upside Target | 115.62 |
| Upside Target | 120.10 |
Intraday share price targets for Shopify Inc (SHOP)
| Target Type | Value |
| Downside Intraday Target | 104.44 |
| Downside Intraday Target | 102.61 |
| Upside Intraday Target | 107.47 |
| Upside Intraday Target | 108.67 |
| Downside Intraday Target | 105.64 |
Weekly technical analysis of Shopify Inc (SHOP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue Jan 2025 | 106.28 | 104.14 | 106.83 | 103.80 | 0.908 times |
| 17 Fri Jan 2025 | 103.35 | 105.50 | 105.80 | 103.04 | 0.192 times |
| 17 Fri Jan 2025 | 103.35 | 101.00 | 105.80 | 99.05 | 2.056 times |
| 10 Fri Jan 2025 | 103.71 | 106.48 | 108.03 | 99.79 | 0.769 times |
| 08 Wed Jan 2025 | 107.64 | 112.24 | 115.37 | 105.02 | 1.22 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Shopify Inc (SHOP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Tue Jan 2025 | 106.28 | 107.50 | 115.37 | 99.05 | 0.925 times |
| 31 Tue Dec 2024 | 106.33 | 118.59 | 120.10 | 104.50 | 0.376 times |
| 26 Tue Nov 2024 | 112.08 | 79.05 | 115.62 | 77.70 | 2.146 times |
| 31 Thu Oct 2024 | 78.21 | 80.00 | 84.37 | 77.12 | 0.92 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Shopify Inc (SHOP)
Price action analysis of Shopify Inc ( (SHOP) ) based on a short 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.
Price action analysis of Shopify Inc ( (SHOP) ) based on a short 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.
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 losing momentum.
MACD generated a SELL signal for Shopify Inc in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shopify Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Shopify Inc in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 104.15 and Shopify Inc (SHOP) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Shopify Inc ( (SHOP) ) based on a short 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.
Price action analysis of Shopify Inc ( (SHOP) ) based on a short 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.
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 losing momentum.
MACD generated a SELL signal for Shopify Inc in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shopify Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Shopify Inc in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 104.15 and Shopify Inc (SHOP) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.