ShopifyInc SHOP full analysis,charts,indicators,moving averages,SMA,DMA,EMA,ADX,MACD,RSI
Shopify Inc SHOP WideScreen charts, DMA,SMA,EMA technical analysis, forecast prediction, by indicators ADX,MACD,RSI,CCI USA stock exchange
operates under Technology sector & deals in Computer Software Prepackaged Software
Daily price and charts and targets ShopifyInc
Strong Daily Stock price targets for ShopifyInc SHOP are 64.09 and 68.79
| Daily Target 1 | 63.11 |
| Daily Target 2 | 65.06 |
| Daily Target 3 | 67.81 |
| Daily Target 4 | 69.76 |
| Daily Target 5 | 72.51 |
Daily price and volume Shopify Inc
| Date | Closing | Open | Range | Volume | Fri 06 September 2024 | 67.01 (-4.42%) | 70.38 | 65.86 - 70.56 | 1.6507 times | Thu 05 September 2024 | 70.11 (-0.16%) | 70.00 | 69.31 - 70.93 | 0.7372 times | Wed 04 September 2024 | 70.22 (-1.46%) | 70.86 | 69.62 - 71.75 | 1.0317 times | Tue 03 September 2024 | 71.26 (-3.79%) | 73.15 | 70.82 - 73.22 | 1.2914 times | Fri 30 August 2024 | 74.07 (0%) | 73.55 | 73.12 - 74.33 | 0.6753 times | Fri 30 August 2024 | 74.07 (1.09%) | 73.55 | 73.12 - 74.33 | 0.6753 times | Thu 29 August 2024 | 73.27 (1.02%) | 72.90 | 72.87 - 74.34 | 0.8097 times | Wed 28 August 2024 | 72.53 (-2.68%) | 74.23 | 71.76 - 74.37 | 1.2417 times | Tue 27 August 2024 | 74.53 (-0.56%) | 74.47 | 72.86 - 74.87 | 0.9818 times | Mon 26 August 2024 | 74.95 (-1.56%) | 76.11 | 74.92 - 76.83 | 0.9052 times | Fri 23 August 2024 | 76.14 (2.48%) | 75.00 | 74.69 - 76.44 | 1.2034 times |
Weekly price and charts ShopifyInc
Strong weekly Stock price targets for ShopifyInc SHOP are 62.76 and 70.12
| Weekly Target 1 | 61.34 |
| Weekly Target 2 | 64.17 |
| Weekly Target 3 | 68.696666666667 |
| Weekly Target 4 | 71.53 |
| Weekly Target 5 | 76.06 |
Weekly price and volumes for Shopify Inc
| Date | Closing | Open | Range | Volume | Fri 06 September 2024 | 67.01 (-9.53%) | 73.15 | 65.86 - 73.22 | 0.5131 times | Fri 30 August 2024 | 74.07 (0%) | 73.55 | 73.12 - 74.33 | 0.0735 times | Fri 30 August 2024 | 74.07 (-2.72%) | 76.11 | 71.76 - 76.83 | 0.5025 times | Fri 23 August 2024 | 76.14 (2.13%) | 74.55 | 73.92 - 76.44 | 0.745 times | Fri 16 August 2024 | 74.55 (7.58%) | 69.09 | 68.05 - 75.36 | 1.144 times | Fri 09 August 2024 | 69.30 (27.32%) | 48.59 | 48.56 - 69.33 | 2.8074 times | Fri 02 August 2024 | 54.43 (-9.19%) | 60.15 | 52.55 - 62.00 | 1.1687 times | Fri 26 July 2024 | 59.94 (-5.1%) | 63.46 | 58.04 - 63.78 | 0.8506 times | Fri 19 July 2024 | 63.16 (-2.67%) | 65.03 | 62.45 - 70.04 | 1.3847 times | Fri 12 July 2024 | 64.89 (-4.05%) | 67.53 | 64.61 - 67.79 | 0.8105 times | Fri 05 July 2024 | 67.63 (1.35%) | 66.26 | 66.26 - 68.04 | 0.2527 times |
Monthly price and charts ShopifyInc
Strong monthly Stock price targets for ShopifyInc SHOP are 62.76 and 70.12
| Monthly Target 1 | 61.34 |
| Monthly Target 2 | 64.17 |
| Monthly Target 3 | 68.696666666667 |
| Monthly Target 4 | 71.53 |
| Monthly Target 5 | 76.06 |
Monthly price and volumes Shopify Inc
| Date | Closing | Open | Range | Volume | Fri 06 September 2024 | 67.01 (-9.53%) | 73.15 | 65.86 - 73.22 | 0.1081 times | Fri 30 August 2024 | 74.07 (21.03%) | 61.60 | 48.56 - 76.83 | 1.2547 times | Wed 31 July 2024 | 61.20 (-7.34%) | 65.96 | 58.04 - 70.04 | 0.8959 times | Fri 28 June 2024 | 66.05 (11.67%) | 59.41 | 58.38 - 68.21 | 1.0154 times | Fri 31 May 2024 | 59.15 (-15.74%) | 70.21 | 56.31 - 77.83 | 1.6306 times | Tue 30 April 2024 | 70.20 (-9.03%) | 77.35 | 68.02 - 79.29 | 0.9062 times | Thu 28 March 2024 | 77.17 (1.05%) | 77.11 | 72.64 - 83.39 | 0.6887 times | Thu 29 February 2024 | 76.37 (-4.62%) | 79.37 | 73.85 - 91.57 | 1.438 times | Wed 31 January 2024 | 80.07 (2.79%) | 76.44 | 70.62 - 83.58 | 1.0606 times | Fri 29 December 2023 | 77.90 (6.98%) | 72.50 | 70.04 - 79.99 | 1.0018 times | Thu 30 November 2023 | 72.82 (54.31%) | 47.55 | 47.16 - 75.06 | 1.4648 times |
Indicator Analysis of ShopifyInc
Tomorrow's movement Prediction of Shopify Inc SHOP appears to be in uptrend. But this trend seems to be weakening.
Price is below an important level of 71.34 on charts, and if price remains below this level, then stock might show a fall in short term.
Tomorrow's movement Prediction of Shopify Inc SHOP made a major fall in previous days. This happens when sentiment changes towards negative. This fall might deepen in coming days.
Tomorrow's movement Prediction of Shopify Inc SHOP is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 73.6
Munafa value: 35 as on Fri 06 September 2024
If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.
If the Munafa value is near 50, then the stock might show a sideways movement.
SMA20 is at 73 and price is deviating by 3 points
Upper Bollinger band is at 79 and lower is at 68, while middle bands are at 71 and 76
Price is coming down
Price is below 20day SMA
Price is in lower range of bands
Price action analysis of ShopifyInc (SHOP) based on a short 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.
ADX buy sell signal for ShopifyInc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for ShopifyInc in short term but the sell signal is initial and weak.
ShopifyInc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for ShopifyInc in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of ShopifyInc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 71.72 and ShopifyInc SHOP stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the ShopifyInc SHOP stock. Volume based technical analysis of ShopifyInc SHOP stock is negative.
ShopifyInc Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
DMA SMA EMA moving averages of Shopify Inc SHOP
DMA (daily moving average) of Shopify Inc SHOP
| DMA period | DMA value |
| 5 day DMA | 70.53 |
| 12 day DMA | 72.71 |
| 20 day DMA | 72.89 |
| 35 day DMA | 67.51 |
| 50 day DMA | 66.98 |
| 100 day DMA | 65.71 |
| 150 day DMA | 69.36 |
| 200 day DMA | 71.52 |
EMA (exponential moving average) of Shopify Inc SHOP
| EMA period | EMA current | EMA prev | EMA prev2 |
| 5 day EMA | 69.96 | 71.44 | 72.11 |
| 12 day EMA | 71.34 | 72.13 | 72.5 |
| 20 day EMA | 70.88 | 71.29 | 71.41 |
| 35 day EMA | 69.65 | 69.81 | 69.79 |
| 50 day EMA | 67.19 | 67.2 | 67.08 |
SMA (simple moving average) of Shopify Inc SHOP
| SMA period | SMA current | SMA prev | SMA prev2 |
| 5 day SMA | 70.53 | 71.95 | 72.58 |
| 12 day SMA | 72.71 | 73.47 | 73.86 |
| 20 day SMA | 72.89 | 73.01 | 72.93 |
| 35 day SMA | 67.51 | 67.4 | 67.2 |
| 50 day SMA | 66.98 | 66.96 | 66.89 |
| 100 day SMA | 65.71 | 65.74 | 65.73 |
| 150 day SMA | 69.36 | 69.5 | 69.6 |
| 200 day SMA | 71.52 | 71.55 | 71.57 |
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