(SHOP) Shopify Inc complete technical analysis [charts+indicators] | Buy/Sell Shopify Inc | (SHOP) share price targets
Complete technical analysis of Shopify Inc (SHOP) by charts plus indicators, forecast predictions and share price targets for Shopify Inc (SHOP)
Shopify Inc trades in USA in Technology sector.
Showing technical analysis as on 2025-02-14 View latest technical analysis
10 day averaged volume of Shopify Inc is 11494330
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Fri Feb 2025 | 128.35 | 125.76 | 128.57 | 123.88 | 0.74 times |
| 13 Thu Feb 2025 | 127.65 | 121.00 | 128.00 | 120.10 | 0.952 times |
| 12 Wed Feb 2025 | 120.49 | 119.05 | 122.49 | 116.70 | 1.158 times |
| 11 Tue Feb 2025 | 123.59 | 122.28 | 125.95 | 114.70 | 3.031 times |
| 10 Mon Feb 2025 | 119.90 | 121.46 | 123.41 | 119.14 | 1.136 times |
| 07 Fri Feb 2025 | 117.41 | 118.11 | 119.66 | 116.52 | 0.508 times |
| 06 Thu Feb 2025 | 118.58 | 122.01 | 122.81 | 116.87 | 0.627 times |
| 05 Wed Feb 2025 | 121.73 | 119.27 | 121.91 | 118.55 | 0.527 times |
| 04 Tue Feb 2025 | 119.20 | 116.30 | 120.48 | 116.13 | 0.641 times |
| 03 Mon Feb 2025 | 114.39 | 111.87 | 115.79 | 110.55 | 0.746 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 123.1, but if it comes below 123.1, then a intra day sell could be more profitable.
If you take a sell trade below 123.1, then use 123.1 as stoploss and 115.92 as target. However if you take a buy trade in stock , then use 123.1 as stoploss and 131.8 as target.
Share price targets for Shopify Inc (SHOP)
| Target Type | Value |
| Downside Target | 77.12 |
| Downside Target | 84.37 |
| Downside Target | 99.05 |
| Downside Target | 102.52 |
| Downside Target | 109.39 |
| Downside Target | 114.70 |
| Downside Target | 115.62 |
| Downside Target | 120.10 |
| Downside Target | 122.00 |
| Downside Target | 122.81 |
| Upside Target | 128.57 |
Intraday share price targets for Shopify Inc (SHOP)
| Target Type | Value |
| Downside Intraday Target | 119.18 |
| Downside Intraday Target | 110 |
| Upside Intraday Target | 133.05 |
| Upside Intraday Target | 137.74 |
| Downside Intraday Target | 123.87 |
Weekly technical analysis of Shopify Inc (SHOP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Fri Feb 2025 | 128.35 | 121.46 | 128.57 | 114.70 | 2.302 times |
| 07 Fri Feb 2025 | 117.41 | 111.87 | 122.81 | 110.55 | 0.822 times |
| 31 Fri Jan 2025 | 116.80 | 104.45 | 122.00 | 102.52 | 2.266 times |
| 24 Fri Jan 2025 | 107.68 | 104.14 | 109.39 | 103.80 | 3.368 times |
| 17 Fri Jan 2025 | 103.35 | 105.50 | 105.80 | 103.04 | 0.192 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Shopify Inc (SHOP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 14 Fri Feb 2025 | 128.35 | 111.87 | 128.57 | 110.55 | 0.85 times |
| 31 Fri Jan 2025 | 116.80 | 107.50 | 122.00 | 99.05 | 1.578 times |
| 31 Tue Dec 2024 | 106.33 | 118.59 | 120.10 | 104.50 | 0.376 times |
| 26 Tue Nov 2024 | 112.08 | 79.05 | 115.62 | 77.70 | 2.146 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Shopify Inc (SHOP)
Price action analysis of Shopify Inc ( (SHOP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Shopify Inc ( (SHOP) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Shopify Inc ( (SHOP) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Shopify Inc ( (SHOP) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Shopify Inc stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Shopify Inc in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shopify Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Shopify Inc in short term and BUY 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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Shopify Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 121.87 and Shopify Inc (SHOP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Shopify Inc (SHOP) stock. Volume based technical analysis of Shopify Inc (SHOP) stock is negative.
Shopify Inc Stock is giving positive 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.
Price action analysis of Shopify Inc ( (SHOP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Shopify Inc ( (SHOP) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Shopify Inc ( (SHOP) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Shopify Inc ( (SHOP) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Shopify Inc stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Shopify Inc in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shopify Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Shopify Inc in short term and BUY 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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Shopify Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 121.87 and Shopify Inc (SHOP) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Shopify Inc (SHOP) stock. Volume based technical analysis of Shopify Inc (SHOP) stock is negative.
Shopify Inc Stock is giving positive 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.