(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 2025-02-19 View latest technical analysis
10 day averaged volume of Shopify Inc is 11437770
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Wed Feb 2025 | 127.66 | 129.05 | 129.05 | 124.40 | 0.679 times |
| 18 Tue Feb 2025 | 129.31 | 129.08 | 129.38 | 124.19 | 0.634 times |
| 14 Fri Feb 2025 | 128.35 | 125.76 | 128.57 | 123.88 | 0.744 times |
| 13 Thu Feb 2025 | 127.65 | 121.00 | 128.00 | 120.10 | 0.956 times |
| 12 Wed Feb 2025 | 120.49 | 119.05 | 122.49 | 116.70 | 1.163 times |
| 11 Tue Feb 2025 | 123.59 | 122.28 | 125.95 | 114.70 | 3.046 times |
| 10 Mon Feb 2025 | 119.90 | 121.46 | 123.41 | 119.14 | 1.142 times |
| 07 Fri Feb 2025 | 117.41 | 118.11 | 119.66 | 116.52 | 0.51 times |
| 06 Thu Feb 2025 | 118.58 | 122.01 | 122.81 | 116.87 | 0.63 times |
| 05 Wed Feb 2025 | 121.73 | 119.27 | 121.91 | 118.55 | 0.53 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 125.3, but if it comes below 125.3, then a intra day sell could be more profitable.
If you take a sell trade below 125.3, then use 125.3 as stoploss and 118.29 as target. However if you take a buy trade in stock , then use 125.3 as stoploss and 133.8 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 | 120.10 |
| Downside Target | 122.00 |
| Downside Target | 122.81 |
| Downside Target | 124.19 |
| Upside Target | 128.57 |
| Upside Target | 129.38 |
Intraday share price targets for Shopify Inc (SHOP)
| Target Type | Value |
| Downside Intraday Target | 124.77 |
| Downside Intraday Target | 121.89 |
| Upside Intraday Target | 129.96 |
| Upside Intraday Target | 132.27 |
| Downside Intraday Target | 127.08 |
Weekly technical analysis of Shopify Inc (SHOP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Wed Feb 2025 | 127.66 | 129.08 | 129.38 | 124.19 | 0.186 times |
| 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 |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Shopify Inc (SHOP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 19 Wed Feb 2025 | 127.66 | 111.87 | 129.38 | 110.55 | 0.961 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 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 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shopify Inc in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 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 123.46 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 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 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shopify Inc in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 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 123.46 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.