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Shopify Stock Price Chart

  • Based on the share price being above its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bullish 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: 45.18 Buy
20-day SMA: 43.93 Buy
50-day SMA: 45.23 Buy
200-day SMA: 36.98 Buy
8-day EMA: 45.13 Buy
20-day EMA: 44.5 Buy
50-day EMA: 43.56 Buy
200-day EMA: 45.54 Buy

Shopify Technical Analysis Indicators

Chart Indicators Level Buy or Sell
MACD (12, 26): 0.44 Buy
Relative Strength Index (14 RSI): 58.08 Buy
Chaikin Money Flow: 13756228 -
Bollinger Bands Level Buy or Sell
Bollinger Bands (25): (41.56 - 45.12) Buy
Bollinger Bands (100): (35.7 - 46.38) Buy

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 46.70 while SHOP 8-day simple moving average is 45.18, which is a Buy signal.
  • The stock price of SHOP is 46.70 while Shopify 20-day SMA is 43.93, which makes it a Buy.
  • Shopify 50-day simple moving average is 45.23 while SHOP share price is 46.70, making it a Buy technically.
  • SHOP stock price is 46.70 and Shopify 200-day simple moving average is 36.98, creating a Buy signal.

SHOP Technical Analysis vs Fundamental Analysis

Buy
53
Shopify (SHOP) is a Buy

Is Shopify a Buy or a Sell?

  • Shopify stock is rated a Buy
    The current Shopify [SHOP] share price is $46.70. The Score for SHOP is 53, which is 6% above its historic median score of 50, and infers lower risk than normal.

Shopify Stock Info

Market Cap:
59.62B
Price in USD:
46.70
Share Volume:
14.19M

Shopify 52-Week Range

52-Week High:
74.13
52-Week Low:
23.63
Buy
53
Shopify (SHOP) is a Buy

Shopify Share Price Forecast

  • What is the Shopify stock price today?
    The Shopify stock price is 46.70 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 not overvalued.

Is Shopify Stock a Buy?

  • Shopify share price is 46.70 while SHOP 8-day exponential moving average is 45.13, which is a Buy signal.
  • The stock price of SHOP is 46.70 while Shopify 20-day EMA is 44.50, which makes it a Buy.
  • Shopify 50-day exponential moving average is 43.56 while SHOP share price is 46.70, making it a Buy technically.
  • SHOP stock price is 46.70 and Shopify 200-day simple moving average is 45.54, creating a Buy signal.

Fundamental Analysis of Shopify

Is Shopify a good investment?

  • Analysts estimate an earnings increase this quarter of $0.06 per share, a decrease next quarter of $0.00 per share, an increase this year of $0.08 per share, and an increase next year of $0.23 per share.

Technical Analysis of Shopify

Should I short Shopify stock?

  • SHOP Moving Average Covergence Divergence (MACD) indicator is 0.44, suggesting Shopify is a Buy
  • Shopify Relative Strength Index (RSI) is 58.08, which suggest Shopify is overbought
  • The Bollinger Bands (25) for Shopify is (41.56 - 45.12), which suggest Shopify is a Buy
  • The Bollinger Bands (100) for Shopify is (35.7 - 46.38), which suggest Shopify is a Buy

* 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.