(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 2025-02-27 View latest technical analysis
10 day averaged volume of Shopify Inc is 9012930
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Thu Feb 2025 | 110.83 | 114.85 | 115.59 | 110.15 | 0.642 times |
| 26 Wed Feb 2025 | 113.23 | 111.88 | 114.80 | 110.84 | 0.545 times |
| 25 Tue Feb 2025 | 110.95 | 113.29 | 115.00 | 107.00 | 1.107 times |
| 24 Mon Feb 2025 | 115.48 | 115.56 | 117.03 | 109.81 | 0.948 times |
| 21 Fri Feb 2025 | 115.56 | 125.20 | 125.50 | 115.30 | 1.117 times |
| 20 Thu Feb 2025 | 123.47 | 126.90 | 126.95 | 120.80 | 0.983 times |
| 19 Wed Feb 2025 | 127.66 | 129.05 | 129.05 | 124.40 | 0.862 times |
| 18 Tue Feb 2025 | 129.31 | 129.08 | 129.38 | 124.19 | 0.805 times |
| 14 Fri Feb 2025 | 128.35 | 125.76 | 128.57 | 123.88 | 0.944 times |
| 13 Thu Feb 2025 | 127.65 | 121.00 | 128.00 | 120.10 | 1.214 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 114.2, but if it comes above 114.2, then a intra day buy could be more profitable.
If you take a sell trade below 114.2, then use 114.2 as stoploss and 107.6 as target. However if you take a buy trade in stock , then use 114.2 as stoploss and 119.69 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 | 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 | 106.21 |
| Downside Intraday Target | 101.59 |
| Upside Intraday Target | 116.24 |
| Upside Intraday Target | 121.65 |
| Upside Intraday Target | 111.62 |
Weekly technical analysis of Shopify Inc (SHOP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Thu Feb 2025 | 110.83 | 115.56 | 117.03 | 107.00 | 0.861 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 |
| 27 Thu Feb 2025 | 110.83 | 111.87 | 129.38 | 107.00 | 1.315 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 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 mid to longer 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 Shopify Inc stock for short term is SELL. Signal strength is Strong and stock is losing 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 and the buying is gaining 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 120.64 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 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 mid to longer 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 Shopify Inc stock for short term is SELL. Signal strength is Strong and stock is losing 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 and the buying is gaining 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 120.64 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.