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Shopify Stock Price Chart

Sell
40

SHOP
Shopify

Last Price:
59.16
Seasonality Move:
17.55%

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  • Based on the share price being below its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bearish and SHOP is experiencing buying pressure, which is a positive indicator for future bullish movement.

Shopify Price Chart Indicators

Moving Averages Level Buy or Sell
8-day SMA: 58.07 Buy
20-day SMA: 61.42 Sell
50-day SMA: 68.68 Sell
200-day SMA: 68.36 Sell
8-day EMA: 58.63 Buy
20-day EMA: 61.18 Sell
50-day EMA: 66.59 Sell
200-day EMA: 67.94 Sell

Shopify Technical Analysis Indicators

Chart Indicators Level Buy or Sell
MACD (12, 26): -3.26 Sell
Relative Strength Index (14 RSI): 39.24 Sell
Chaikin Money Flow: 10299587 -
Bollinger Bands Level Buy or Sell
Bollinger Bands (25): (56.41 - 70.37) Sell
Bollinger Bands (100): (66 - 82.22) Sell

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 59.15 while SHOP 8-day simple moving average is 58.07, which is a Buy signal.
  • The stock price of SHOP is 59.15 while Shopify 20-day SMA is 61.42, which makes it a Sell.
  • Shopify 50-day simple moving average is 68.68 while SHOP share price is 59.15, making it a Sell technically.
  • SHOP stock price is 59.15 and Shopify 200-day simple moving average is 68.36, creating a Sell signal.

SHOP Technical Analysis vs Fundamental Analysis

Sell
40
Shopify (SHOP) is a Sell

Is Shopify a Buy or a Sell?

  • Shopify stock is rated a Sell
    The current Shopify [SHOP] share price is $59.15. The Score for SHOP is 40, which is 20% below its historic median score of 50, and infers higher risk than normal.

Shopify Stock Info

Market Cap:
76.21B
Price in USD:
59.15
Share Volume:
11.55M

Shopify 52-Week Range

52-Week High:
91.57
52-Week Low:
45.50
Sell
40
Shopify (SHOP) is a Sell

Shopify Share Price Forecast

  • What is the Shopify stock price today?
    The Shopify stock price is 59.15 USD today.
  • Will SHOP 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 overvalued.

Is Shopify Stock a Buy?

  • Shopify share price is 59.15 while SHOP 8-day exponential moving average is 58.63, which is a Buy signal.
  • The stock price of SHOP is 59.15 while Shopify 20-day EMA is 61.18, which makes it a Sell.
  • Shopify 50-day exponential moving average is 66.59 while SHOP share price is 59.15, making it a Sell technically.
  • SHOP stock price is 59.15 and Shopify 200-day simple moving average is 67.94, creating a Sell signal.

Fundamental Analysis of Shopify

Is Shopify a good investment?

  • Analysts estimate an earnings increase this quarter of $0.08 per share, an increase next quarter of $0.04 per share, an increase this year of $0.31 per share, and an increase next year of $0.28 per share.

Technical Analysis of Shopify

Should I short Shopify stock?

  • SHOP Moving Average Covergence Divergence (MACD) indicator is -3.26, suggesting Shopify is a Sell
  • Shopify Relative Strength Index (RSI) is 39.24, which suggest Shopify is oversold
  • The Bollinger Bands (25) for Shopify is (56.41 - 70.37), which suggest Shopify is a Sell
  • The Bollinger Bands (100) for Shopify is (66 - 82.22), which suggest Shopify is a Sell

* 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.