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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 2025-03-14 View latest technical analysis

10 day averaged volume of Shopify Inc is 11042774

Date Daily Closing Price Open High Low Volume
14 Fri Mar 2025 94.85 94.61 95.83 93.06 0.64 times
13 Thu Mar 2025 90.59 95.17 95.53 89.10 1.003 times
12 Wed Mar 2025 96.53 96.67 99.13 95.29 0.773 times
11 Tue Mar 2025 92.95 92.75 95.11 91.15 1.098 times
10 Mon Mar 2025 92.75 96.07 96.19 91.69 1.484 times
07 Fri Mar 2025 100.13 100.85 103.50 95.36 1.258 times
06 Thu Mar 2025 102.49 103.51 109.45 101.36 1.085 times
05 Wed Mar 2025 106.15 102.76 106.65 101.59 0.76 times
04 Tue Mar 2025 101.73 103.61 104.19 97.85 1.265 times
03 Mon Mar 2025 106.58 112.89 115.21 104.81 0.706 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 96.6, but if it comes above 96.6, then a intra day buy could be more profitable.
If you take a sell trade below 96.6, then use 96.6 as stoploss and 82.3 as target. However if you take a buy trade in stock , then use 96.6 as stoploss and 108.58 as target.

Share price targets for Shopify Inc (SHOP)

Target Type Value
Downside Target 77.70
Downside Target 89.10
Upside Target 95.36
Upside Target 99.05
Upside Target 104.50
Upside Target 107.00
Upside Target 114.70
Upside Target 117.03
Upside Target 120.10
Upside Target 122.00
Upside Target 128.57
Upside Target 129.38

Intraday share price targets for Shopify Inc (SHOP)

Target Type Value
Downside Intraday Target 89.59
Downside Intraday Target 84.33
Upside Intraday Target 99.62
Upside Intraday Target 104.39
Downside Intraday Target 94.36

Weekly technical analysis of Shopify Inc (SHOP)

Date Weekly Closing Price Open High Low Volume
14 Fri Mar 2025 94.85 96.07 99.13 89.10 0.985 times
07 Fri Mar 2025 100.13 112.89 115.21 95.36 1.579 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

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
14 Fri Mar 2025 94.85 112.89 115.21 89.10 0.601 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 negative zone. This is the SELL 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 98.06 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 negative zone. This is the SELL 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 98.06 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.

Daily charts

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