(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 2025-01-27 View latest technical analysis
10 day averaged volume of Shopify Inc is 5349020
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Mon Jan 2025 | 107.38 | 104.45 | 108.39 | 102.52 | 0.997 times |
| 24 Fri Jan 2025 | 107.68 | 106.45 | 109.39 | 106.16 | 1.112 times |
| 23 Thu Jan 2025 | 106.10 | 106.06 | 106.48 | 105.04 | 0.815 times |
| 22 Wed Jan 2025 | 106.37 | 107.34 | 107.79 | 105.75 | 0.641 times |
| 21 Tue Jan 2025 | 106.28 | 104.14 | 106.83 | 103.80 | 0.948 times |
| 17 Fri Jan 2025 | 103.35 | 105.50 | 105.80 | 103.04 | 1.044 times |
| 17 Fri Jan 2025 | 103.35 | 105.50 | 105.80 | 103.04 | 1.044 times |
| 16 Thu Jan 2025 | 103.50 | 104.39 | 105.62 | 103.14 | 0.768 times |
| 15 Wed Jan 2025 | 104.24 | 104.49 | 104.83 | 102.83 | 1.166 times |
| 14 Tue Jan 2025 | 101.61 | 103.11 | 103.36 | 100.75 | 0.953 times |
My analysis of stock is bullish for shortterm, and stock might move up till 108.9 or till 112.3. Use a stoploss of 106.07 and if this stock hits its stoploss, then it can fall down till 103.26
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 | 102.52 |
| Downside Target | 105.80 |
| Upside Target | 108.03 |
| Upside Target | 108.39 |
| Upside Target | 109.39 |
| 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 | 103.8 |
| Downside Intraday Target | 100.23 |
| Upside Intraday Target | 109.67 |
| Upside Intraday Target | 111.97 |
| Downside Intraday Target | 106.1 |
Weekly technical analysis of Shopify Inc (SHOP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Mon Jan 2025 | 107.38 | 104.45 | 108.39 | 102.52 | 0.284 times |
| 24 Fri Jan 2025 | 107.68 | 104.14 | 109.39 | 103.80 | 3.368 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 |
Price has moved down 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 |
| 27 Mon Jan 2025 | 107.38 | 107.50 | 115.37 | 99.05 | 1.146 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 up 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 BUY signal for Shopify Inc in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shopify Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Shopify Inc in short term but SELL signal is weak.
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 104.96 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 rising upwards.
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 is giving positive 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 BUY signal for Shopify Inc in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shopify Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Shopify Inc in short term but SELL signal is weak.
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 104.96 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 rising upwards.
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 is giving positive 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.