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Shopify (SHOP)
NYSE:SHOP

Shopify (SHOP) Technical Analysis

16,668 Followers

Technical Sentiment

Overall Consensus
Neutral
8Bullish
5Neutral
9Bearish
Technical Analysis Consensus
Buy
4Bullish
5Neutral
1Bearish
Moving Average Consensus
Sell
4Bullish
0Neutral
8Bearish
Shopify’s (SHOP) Moving Averages Convergence Divergence (MACD) indicator is 0.05, suggesting Shopify is a Sell.
Shopify’s (SHOP) 20-Day exponential moving average is 78.02, while Shopify’s (SHOP) share price is $77.17, making it a Sell.
Shopify’s (SHOP) 50-Day exponential moving average is 77.65, while Shopify’s (SHOP) share price is $77.17, making it a Sell.

Shopify (SHOP) Pivot Points

Apr 23, 2024, 02:51 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
75.67
76.57
77.59
78.49
79.51
80.41
81.43
Fibonacci
76.57
77.30
77.75
78.49
79.22
79.67
80.41
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Shopify (SHOP) Moving Averages

Apr 23, 2024, 02:51 PM
Period
Simple
Exponential
MA5
78.29Sell
78.16Sell
MA10
78.46Sell
78.16Sell
MA20
77.22Sell
78.02Sell
MA50
79.24Sell
77.65Sell
MA100
76.00Buy
74.64Buy
MA200
67.47Buy
68.23Buy
Shopify’s (SHOP) 10-Day exponential moving average is 78.16, while Shopify’s (SHOP) share price is $77.17, making it a Sell.
Shopify’s (SHOP) 100-Day exponential moving average is 74.64, while Shopify’s (SHOP) share price is $77.17, making it a Buy.
Shopify’s (SHOP) stock price is $77.17 and Shopify’s (SHOP) 50-day simple moving average is 79.24, creating a Sell signal.
Shopify’s (SHOP) stock price is $77.17 and Shopify’s (SHOP) 100-day simple moving average is 76.00, creating a Buy signal.
Shopify’s (SHOP) stock price is $77.17 and Shopify’s (SHOP) 200-day simple moving average is 67.47, creating a Buy signal.

Shopify (SHOP) Technical Indicators

Apr 23, 2024, 02:51 PM
Name
Value
Implied Action
RSI (14)
47.30
Neutral
STOCH (9,6)
34.69
Neutral
STOCHRSI (14)
43.17
Neutral
MACD (12,26)
0.05
Sell
ADX (14)
12.48
Buy
Williams %R
-69.50
Buy
CCI (14)
22.42
Neutral
ATR (14)
2.72
-
Ultimate Oscillator
42.92
Neutral
ROC
1.33
Buy
Shopify’s (SHOP) Relative Strength Index (RSI) is 47.30, creating a Neutral signal.
Shopify’s (SHOP) Trend Strength Indicator (ADX) is 12.48, creating a Buy signal.
Shopify’s (SHOP) Commodity Channel Index (CCI) is 22.42, creating a Neutral signal.
Shopify’s (SHOP) Price Rate of Change (ROC) is 1.33, creating a Buy signal.

FAQ

Is SHOP a Buy, Hold, or Sell?
Based on SHOP’s technical indicators, SHOP is a Hold.
    What is SHOP’s RSI (14)?
    SHOP’s RSI (14) is 47.30, which suggests SHOP is a Neutral.
      What is SHOP’s MACD?
      SHOP’s MACD is 0.05, which suggests SHOP is a Sell.
        What is SHOP’s 5-day moving average?
        SHOP’s 5-day moving average is 78.29, which suggests SHOP is a Sell.
          What is SHOP’s 20-day moving average?
          SHOP 20-day moving average is 77.22, which suggests SHOP is a Sell.
            What is SHOP’s 50-day moving average?
            SHOP’s 50-day moving average is 79.24, which suggests SHOP is a Sell.
              What is SHOP’s 200-day moving average?
              SHOP’s 200-day moving average is 67.47, which suggests SHOP is a Buy.
                What is SHOP’s Williams % R (14)?
                SHOP’s Williams % R (14) is -69.50, which suggests SHOP is a Buy.
                  What is SHOP’s CCI (14)?
                  SHOP’s CCI (14) is 22.42, which suggests SHOP is a Neutral.
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