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(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 2025-02-25 View latest technical analysis

10 day averaged volume of Shopify Inc is 12314550

Date Daily Closing Price Open High Low Volume
25 Tue Feb 2025 110.95 113.29 115.00 107.00 0.81 times
24 Mon Feb 2025 115.48 115.56 117.03 109.81 0.694 times
21 Fri Feb 2025 115.56 125.20 125.50 115.30 0.817 times
20 Thu Feb 2025 123.47 126.90 126.95 120.80 0.719 times
19 Wed Feb 2025 127.66 129.05 129.05 124.40 0.631 times
18 Tue Feb 2025 129.31 129.08 129.38 124.19 0.589 times
14 Fri Feb 2025 128.35 125.76 128.57 123.88 0.691 times
13 Thu Feb 2025 127.65 121.00 128.00 120.10 0.888 times
12 Wed Feb 2025 120.49 119.05 122.49 116.70 1.081 times
11 Tue Feb 2025 123.59 122.28 125.95 114.70 2.829 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 109.3, for a target of 115.2 or 120.19

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 107.00
Downside Target 110.55
Upside Target 114.70
Upside Target 120.10
Upside Target 122.00
Upside Target 122.81
Upside Target 128.57
Upside Target 129.38

Intraday share price targets for Shopify Inc (SHOP)

Target Type Value
Downside Intraday Target 106.29
Downside Intraday Target 101.63
Upside Intraday Target 116.32
Upside Intraday Target 121.69
Upside Intraday Target 111.66

Weekly technical analysis of Shopify Inc (SHOP)

Date Weekly Closing Price Open High Low Volume
25 Tue Feb 2025 110.95 115.56 117.03 107.00 0.546 times
21 Fri Feb 2025 115.56 129.08 129.38 115.30 0.421 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

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
25 Tue Feb 2025 110.95 111.87 129.38 107.00 1.236 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 down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Shopify Inc ( (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.

Price action analysis of Shopify Inc ( (SHOP) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Shopify Inc ( (SHOP) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Shopify Inc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shopify Inc in short term but the sell signal is initial and weak.

Shopify Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 Shopify Inc 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 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 122.25 and Shopify Inc (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 Shopify Inc (SHOP) stock. Volume based technical analysis of Shopify Inc (SHOP) stock is negative.

Shopify Inc 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.

Price action analysis of Shopify Inc ( (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.

Price action analysis of Shopify Inc ( (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.

Price action analysis of Shopify Inc ( (SHOP) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Shopify Inc ( (SHOP) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Shopify Inc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shopify Inc in short term but the sell signal is initial and weak.

Shopify Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 Shopify Inc 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 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 122.25 and Shopify Inc (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 Shopify Inc (SHOP) stock. Volume based technical analysis of Shopify Inc (SHOP) stock is negative.

Shopify Inc 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.

Daily charts

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