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Shopify Stock Price Chart

Sell
26

SHOP
Shopify

Last Price:
29.24
Seasonality Move:
-0.6%

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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: 29.64 Sell
20-day SMA: 31.24 Sell
50-day SMA: 34.57 Sell
200-day SMA: 58.9 Sell
8-day EMA: 29.56 Sell
20-day EMA: 31.16 Sell
50-day EMA: 33.56 Sell
200-day EMA: 57.94 Sell

Shopify Technical Analysis Indicators

Chart Indicators Level Buy or Sell
MACD (12, 26): -1.54 Sell
Relative Strength Index (14 RSI): 41.2 Sell
Chaikin Money Flow: 20921664 -
Bollinger Bands Level Buy or Sell
Bollinger Bands (25): (29.51 - 33.55) Sell
Bollinger Bands (100): (31.31 - 37.99) 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 29.24 while SHOP 8-day simple moving average is 29.64, which is a Sell signal.
  • The stock price of SHOP is 29.24 while Shopify 20-day SMA is 31.24, which makes it a Sell.
  • Shopify 50-day simple moving average is 34.57 while SHOP share price is 29.24, making it a Sell technically.
  • SHOP stock price is 29.24 and Shopify 200-day simple moving average is 58.90, creating a Sell signal.

SHOP Technical Analysis vs Fundamental Analysis

Sell
26
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 $29.24. The Score for SHOP is 26, which is 48% below its historic median score of 50, and infers higher risk than normal.

Shopify Stock Info

Market Cap:
37.09B
Price in USD:
29.24
Share Volume:
24.67M

Shopify 52-Week Range

52-Week High:
176.29
52-Week Low:
27.65
Sell
26
Shopify (SHOP) is a Sell

Shopify Share Price Forecast

  • What is the Shopify stock price today?
    The Shopify stock price is 29.24 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 29.24 while SHOP 8-day exponential moving average is 29.56, which is a Sell signal.
  • The stock price of SHOP is 29.24 while Shopify 20-day EMA is 31.16, which makes it a Sell.
  • Shopify 50-day exponential moving average is 33.56 while SHOP share price is 29.24, making it a Sell technically.
  • SHOP stock price is 29.24 and Shopify 200-day simple moving average is 57.94, creating a Sell signal.

Fundamental Analysis of Shopify

Is Shopify a good investment?

  • Analysts estimate an earnings decrease this quarter of $0.00 per share, a decrease next quarter of $0.00 per share, a decrease this year of $0.73 per share, and an increase next year of $0.15 per share.

Technical Analysis of Shopify

Should I short Shopify stock?

  • SHOP Moving Average Covergence Divergence (MACD) indicator is -1.54, suggesting Shopify is a Sell
  • Shopify Relative Strength Index (RSI) is 41.2, which suggest Shopify is oversold
  • The Bollinger Bands (25) for Shopify is (29.51 - 33.55), which suggest Shopify is a Sell
  • The Bollinger Bands (100) for Shopify is (31.31 - 37.99), 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.