(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.
10 day averaged volume of Shopify Inc is 25861520
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon May 2025 | 109.10 | 108.81 | 109.92 | 106.82 | 0.379 times |
| 16 Fri May 2025 | 110.75 | 111.56 | 112.38 | 109.80 | 3.715 times |
| 15 Thu May 2025 | 110.21 | 109.93 | 111.73 | 108.39 | 0.525 times |
| 14 Wed May 2025 | 111.45 | 108.41 | 111.88 | 108.25 | 0.634 times |
| 13 Tue May 2025 | 107.68 | 106.35 | 109.00 | 106.06 | 0.561 times |
| 12 Mon May 2025 | 104.34 | 104.00 | 106.35 | 99.01 | 1.188 times |
| 09 Fri May 2025 | 91.77 | 94.47 | 94.91 | 88.90 | 0.594 times |
| 08 Thu May 2025 | 94.00 | 89.68 | 95.82 | 88.14 | 1.41 times |
| 07 Wed May 2025 | 94.50 | 94.67 | 96.60 | 94.23 | 0.572 times |
| 06 Tue May 2025 | 93.83 | 97.05 | 97.40 | 93.58 | 0.506 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 106.7, but if it comes below 106.7, then a intra day sell could be more profitable.
If you take a sell trade below 106.7, then use 106.7 as stoploss and 98.72 as target. However if you take a buy trade in stock , then use 106.7 as stoploss and 116.2 as target.
Share price targets for Shopify Inc (SHOP)
| Target Type | Value |
| Downside Target | 69.84 |
| Downside Target | 80.35 |
| Downside Target | 88.14 |
| Downside Target | 92.40 |
| Downside Target | 98.64 |
| Downside Target | 106.82 |
| Downside Target | 107.00 |
| Upside Target | 109.92 |
| Upside Target | 112.38 |
| Upside Target | 115.21 |
| Upside Target | 122.00 |
| Upside Target | 129.38 |
Intraday share price targets for Shopify Inc (SHOP)
| Target Type | Value |
| Downside Intraday Target | 107.31 |
| Downside Intraday Target | 105.51 |
| Upside Intraday Target | 110.41 |
| Upside Intraday Target | 111.71 |
| Downside Intraday Target | 108.61 |
Weekly technical analysis of Shopify Inc (SHOP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon May 2025 | 109.10 | 108.81 | 109.92 | 106.82 | 0.057 times |
| 16 Fri May 2025 | 110.75 | 104.00 | 112.38 | 99.01 | 1.961 times |
| 09 Fri May 2025 | 91.77 | 95.40 | 99.46 | 88.14 | 1.926 times |
| 02 Fri May 2025 | 99.25 | 96.85 | 100.49 | 92.40 | 1.904 times |
| 25 Fri Apr 2025 | 97.12 | 82.27 | 98.64 | 80.35 | 2.061 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 Mon May 2025 | 109.10 | 98.21 | 112.38 | 88.14 | 1.08 times |
| 30 Wed Apr 2025 | 95.00 | 95.80 | 101.45 | 69.84 | 1.307 times |
| 31 Mon Mar 2025 | 95.48 | 112.89 | 115.21 | 89.10 | 1.101 times |
| 28 Fri Feb 2025 | 112.00 | 111.87 | 129.38 | 107.00 | 1.361 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 losing 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 104.55 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 losing 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 104.55 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.