(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 2025-03-05 View latest technical analysis
10 day averaged volume of Shopify Inc is 8394450
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Mar 2025 | 106.15 | 102.76 | 106.65 | 101.59 | 1 times |
| 04 Tue Mar 2025 | 101.73 | 103.61 | 104.19 | 97.85 | 1.664 times |
| 03 Mon Mar 2025 | 106.58 | 112.89 | 115.21 | 104.81 | 0.929 times |
| 28 Fri Feb 2025 | 112.00 | 109.00 | 112.09 | 107.58 | 0.747 times |
| 27 Thu Feb 2025 | 110.83 | 114.85 | 115.59 | 110.15 | 0.69 times |
| 26 Wed Feb 2025 | 113.23 | 111.88 | 114.80 | 110.84 | 0.585 times |
| 25 Tue Feb 2025 | 110.95 | 113.29 | 115.00 | 107.00 | 1.189 times |
| 24 Mon Feb 2025 | 115.48 | 115.56 | 117.03 | 109.81 | 1.018 times |
| 21 Fri Feb 2025 | 115.56 | 125.20 | 125.50 | 115.30 | 1.199 times |
| 20 Thu Feb 2025 | 123.47 | 126.90 | 126.95 | 120.80 | 1.055 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 109.8, but if it comes above 109.8, then a intra day buy could be more profitable.
If you take a sell trade below 109.8, then use 109.8 as stoploss and 100.4 as target. However if you take a buy trade in stock , then use 109.8 as stoploss and 117.53 as target.
Share price targets for Shopify Inc (SHOP)
| Target Type | Value |
| Downside Target | 77.70 |
| Downside Target | 97.85 |
| Downside Target | 104.50 |
| Upside Target | 107.00 |
| Upside Target | 110.55 |
| Upside Target | 114.70 |
| Upside Target | 117.03 |
| 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 | 97.6 |
| Downside Intraday Target | 89.04 |
| Upside Intraday Target | 114.96 |
| Upside Intraday Target | 123.76 |
| Upside Intraday Target | 106.4 |
Weekly technical analysis of Shopify Inc (SHOP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Mar 2025 | 106.15 | 112.89 | 115.21 | 97.85 | 0.85 times |
| 28 Fri Feb 2025 | 112.00 | 115.56 | 117.03 | 107.00 | 1.046 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 |
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 |
| 05 Wed Mar 2025 | 106.15 | 112.89 | 115.21 | 97.85 | 0.163 times |
| 28 Fri Feb 2025 | 112.00 | 111.87 | 129.38 | 107.00 | 1.361 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 |
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 and the sell signal is strong.
Shopify Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shopify Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Shopify Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 111.07 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 negative.
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 and the sell signal is strong.
Shopify Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shopify Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Shopify Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 111.07 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.