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 59.02 and 60.73
| Daily Target 1 | 58.71 |
| Daily Target 2 | 59.33 |
| Daily Target 3 | 60.423333333333 |
| Daily Target 4 | 61.04 |
| Daily Target 5 | 62.13 |
Daily price and volume Shopify Inc
| Date | Closing | Open | Range | Volume | Fri 26 July 2024 | 59.94 (0.84%) | 61.42 | 59.81 - 61.52 | 0.5728 times | Thu 25 July 2024 | 59.44 (0.29%) | 59.27 | 58.04 - 60.98 | 0.749 times | Wed 24 July 2024 | 59.27 (-5.41%) | 62.10 | 59.16 - 62.52 | 0.8996 times | Tue 23 July 2024 | 62.66 (-0.05%) | 63.00 | 62.65 - 63.64 | 0.5876 times | Mon 22 July 2024 | 62.69 (-0.74%) | 63.46 | 61.44 - 63.78 | 0.9964 times | Fri 19 July 2024 | 63.16 (0.08%) | 62.51 | 62.45 - 64.18 | 0.7202 times | Thu 18 July 2024 | 63.11 (-2.62%) | 65.90 | 62.72 - 66.09 | 0.8539 times | Wed 17 July 2024 | 64.81 (-7.04%) | 68.17 | 63.70 - 68.40 | 1.5448 times | Tue 16 July 2024 | 69.72 (8.58%) | 67.26 | 66.83 - 70.04 | 2.3338 times | Mon 15 July 2024 | 64.21 (-1.05%) | 65.03 | 63.93 - 65.23 | 0.7418 times | Fri 12 July 2024 | 64.89 (-0.64%) | 65.85 | 64.63 - 65.99 | 0.8476 times |
Weekly price and charts ShopifyInc
Strong weekly Stock price targets for ShopifyInc SHOP are 56.12 and 61.86
| Weekly Target 1 | 54.85 |
| Weekly Target 2 | 57.39 |
| Weekly Target 3 | 60.586666666667 |
| Weekly Target 4 | 63.13 |
| Weekly Target 5 | 66.33 |
Weekly price and volumes for Shopify Inc
| Date | Closing | Open | Range | Volume | Fri 26 July 2024 | 59.94 (-5.1%) | 63.46 | 58.04 - 63.78 | 0.9913 times | Fri 19 July 2024 | 63.16 (-2.67%) | 65.03 | 62.45 - 70.04 | 1.6135 times | Fri 12 July 2024 | 64.89 (-4.05%) | 67.53 | 64.61 - 67.79 | 0.9444 times | Fri 05 July 2024 | 67.63 (1.35%) | 66.26 | 66.26 - 68.04 | 0.2944 times | Wed 03 July 2024 | 66.73 (1.03%) | 65.96 | 63.05 - 67.22 | 0.5418 times | Fri 28 June 2024 | 66.05 (1.57%) | 65.62 | 63.41 - 67.18 | 1.087 times | Fri 21 June 2024 | 65.03 (1.21%) | 65.90 | 63.15 - 66.11 | 0.7631 times | Tue 18 June 2024 | 64.25 (-5.04%) | 67.25 | 63.97 - 67.33 | 0.664 times | Fri 14 June 2024 | 67.66 (9.86%) | 61.38 | 61.27 - 68.21 | 1.8 times | Fri 07 June 2024 | 61.59 (4.13%) | 59.41 | 58.38 - 61.94 | 1.3004 times | Fri 31 May 2024 | 59.15 (3.83%) | 57.01 | 56.31 - 59.23 | 1.1541 times |
Monthly price and charts ShopifyInc
Strong monthly Stock price targets for ShopifyInc SHOP are 52.99 and 64.99
| Monthly Target 1 | 50.67 |
| Monthly Target 2 | 55.31 |
| Monthly Target 3 | 62.673333333333 |
| Monthly Target 4 | 67.31 |
| Monthly Target 5 | 74.67 |
Monthly price and volumes Shopify Inc
| Date | Closing | Open | Range | Volume | Fri 26 July 2024 | 59.94 (-9.25%) | 65.96 | 58.04 - 70.04 | 0.7057 times | Fri 28 June 2024 | 66.05 (11.67%) | 59.41 | 58.38 - 68.21 | 0.9034 times | Fri 31 May 2024 | 59.15 (-15.74%) | 70.21 | 56.31 - 77.83 | 1.4508 times | Tue 30 April 2024 | 70.20 (-9.03%) | 77.35 | 68.02 - 79.29 | 0.8062 times | Thu 28 March 2024 | 77.17 (1.05%) | 77.11 | 72.64 - 83.39 | 0.6128 times | Thu 29 February 2024 | 76.37 (-4.62%) | 79.37 | 73.85 - 91.57 | 1.2794 times | Wed 31 January 2024 | 80.07 (2.79%) | 76.44 | 70.62 - 83.58 | 0.9437 times | Fri 29 December 2023 | 77.90 (6.98%) | 72.50 | 70.04 - 79.99 | 0.8913 times | Thu 30 November 2023 | 72.82 (54.31%) | 47.55 | 47.16 - 75.06 | 1.3033 times | Tue 31 October 2023 | 47.19 (-13.52%) | 54.22 | 45.50 - 56.20 | 1.1035 times | Fri 29 September 2023 | 54.57 (-17.93%) | 66.68 | 50.59 - 67.60 | 0.991 times |
Indicator Analysis of ShopifyInc
Tomorrow's movement Prediction of Shopify Inc SHOP appears to be in downtrend.
And this trend seems to be continuing further.Price is below an important level of 62.52 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.
Munafa value: 25 as on Fri 26 July 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 65 and price is deviating by 3 points
Upper Bollinger band is at 70 and lower is at 60, while middle bands are at 62 and 68
Price is rising
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 losing momentum.
MACD generated a SELL signal for ShopifyInc in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for ShopifyInc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of ShopifyInc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 64.13 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 negative.
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 | 60.8 |
| 12 day DMA | 63.27 |
| 20 day DMA | 64.5 |
| 35 day DMA | 64.73 |
| 50 day DMA | 63.05 |
| 100 day DMA | 67.78 |
| 150 day DMA | 71.61 |
| 200 day DMA | 70.24 |
EMA (exponential moving average) of Shopify Inc SHOP
| EMA period | EMA current | EMA prev | EMA prev2 |
| 5 day EMA | 60.77 | 61.19 | 62.06 |
| 12 day EMA | 62.52 | 62.99 | 63.64 |
| 20 day EMA | 63.31 | 63.67 | 64.11 |
| 35 day EMA | 63.08 | 63.26 | 63.48 |
| 50 day EMA | 62.43 | 62.53 | 62.66 |
SMA (simple moving average) of Shopify Inc SHOP
| SMA period | SMA current | SMA prev | SMA prev2 |
| 5 day SMA | 60.8 | 61.44 | 62.18 |
| 12 day SMA | 63.27 | 63.74 | 64.3 |
| 20 day SMA | 64.5 | 64.81 | 65.16 |
| 35 day SMA | 64.73 | 64.78 | 64.84 |
| 50 day SMA | 63.05 | 63 | 62.99 |
| 100 day SMA | 67.78 | 67.92 | 68.06 |
| 150 day SMA | 71.61 | 71.74 | 71.87 |
| 200 day SMA | 70.24 | 70.21 | 70.18 |
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