Financhill
Back

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.TO 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: 157.82 Buy
20-day SMA: 155.12 Buy
50-day SMA: 149.12 Buy
200-day SMA: 144.3 Buy
8-day EMA: 131.58 Buy
20-day EMA: 79.65 Buy
50-day EMA: 38.55 Buy
200-day EMA: 10.66 Buy

Shopify Technical Analysis Indicators

Chart Indicators Level Buy or Sell
MACD (12, 26): 43.46 Buy
Relative Strength Index (14 RSI): 62.01 Buy
Chaikin Money Flow: 1918659 -
Bollinger Bands Level Buy or Sell
Bollinger Bands (25): (148.06 - 159.36) Buy
Bollinger Bands (100): (129.02 - 156.48) 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 164.12 while SHOP.TO 8-day simple moving average is 157.82, which is a Buy signal.
  • The stock price of SHOP.TO is 164.12 while Shopify 20-day SMA is 155.12, which makes it a Buy.
  • Shopify 50-day simple moving average is 149.12 while SHOP.TO share price is 164.12, making it a Buy technically.
  • SHOP.TO stock price is 164.12 and Shopify 200-day simple moving average is 144.30, creating a Buy signal.

SHOP.TO Technical Analysis vs Fundamental Analysis

Buy
52
Shopify (SHOP.TO) is a Buy

Is Shopify a Buy or a Sell?

  • Shopify stock is rated a Buy
    The current Shopify [SHOP.TO] share price is $164.12. The Score for SHOP.TO is 52, which is 4% above its historic median score of 50, and infers lower risk than normal.

Shopify Stock Info

Market Cap:
212.9B
Price in USD:
164.12
Share Volume:
2M

Shopify 52-Week Range

52-Week High:
183.53
52-Week Low:
72.36
Buy
52
Shopify (SHOP.TO) is a Buy

Shopify Share Price Forecast

  • What is the Shopify stock price today?
    The Shopify stock price is 164.12 USD today.
  • Will SHOP.TO 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 164.12 while SHOP.TO 8-day exponential moving average is 131.58, which is a Buy signal.
  • The stock price of SHOP.TO is 164.12 while Shopify 20-day EMA is 79.65, which makes it a Buy.
  • Shopify 50-day exponential moving average is 38.55 while SHOP.TO share price is 164.12, making it a Buy technically.
  • SHOP.TO stock price is 164.12 and Shopify 200-day simple moving average is 10.66, creating a Buy signal.

Fundamental Analysis of Shopify

Is Shopify a good investment?

  • Analysts estimate an earnings increase this quarter of $0.20 per share, an increase next quarter of $0.03 per share, an increase this year of $0.10 per share, and an increase next year of $0.55 per share.

Technical Analysis of Shopify

Should I short Shopify stock?

  • SHOP.TO Moving Average Covergence Divergence (MACD) indicator is 43.46, suggesting Shopify is a Buy
  • Shopify Relative Strength Index (RSI) is 62.01, which suggest Shopify is overbought
  • The Bollinger Bands (25) for Shopify is (148.06 - 159.36), which suggest Shopify is a Buy
  • The Bollinger Bands (100) for Shopify is (129.02 - 156.48), 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.