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Shopify Stock Price Chart

  • Based on the share price being above its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bullish and SHOP.TO is experiencing slight selling pressure.

Shopify Price Chart Indicators

Moving Averages Level Buy or Sell
8-day SMA: 94.76 Buy
20-day SMA: 98.33 Buy
50-day SMA: 92.24 Buy
200-day SMA: 97.12 Buy
8-day EMA: 96.18 Buy
20-day EMA: 95.99 Buy
50-day EMA: 93.73 Buy
200-day EMA: 91.94 Buy

Shopify Technical Analysis Indicators

Chart Indicators Level Buy or Sell
MACD (12, 26): 0.76 Buy
Relative Strength Index (14 RSI): 56.11 Buy
Chaikin Money Flow: -178043 -
Bollinger Bands Level Buy or Sell
Bollinger Bands (25): (94.51 - 101.69) Buy
Bollinger Bands (100): (82.3 - 97.92) Buy

Shopify Technical Analysis

Technical Analysis: Buy or Sell?
8-day SMA:
20-day SMA:
50-day SMA:
200-day SMA:
8-day EMA:
20-day EMA:
50-day EMA:
200-day EMA:
MACD (12, 26):
Relative Strength Index (14 RSI):
Bollinger Bands (25):
Bollinger Bands (100):

Technical Analysis for Shopify Stock

Is Shopify Stock a Buy?

  • Shopify share price is 98.44 while SHOP.TO 8-day simple moving average is 94.76, which is a Buy signal.
  • The stock price of SHOP.TO is 98.44 while Shopify 20-day SMA is 98.33, which makes it a Buy.
  • Shopify 50-day simple moving average is 92.24 while SHOP.TO share price is 98.44, making it a Buy technically.
  • SHOP.TO stock price is 98.44 and Shopify 200-day simple moving average is 97.12, creating a Buy signal.

SHOP.TO Technical Analysis vs Fundamental Analysis

Buy
55
Shopify (SHOP.TO) is a Buy

Is Shopify a Buy or a Sell?

  • Shopify stock is rated a Buy
    The current Shopify [SHOP.TO] share price is $98.44. The Score for SHOP.TO is 55, which is 10% above its historic median score of 50, and infers lower risk than normal.

Shopify Stock Info

Market Cap:
127.03B
Price in USD:
98.44
Share Volume:
1.55M

Shopify 52-Week Range

52-Week High:
123.20
52-Week Low:
63.16
Buy
55
Shopify (SHOP.TO) is a Buy

Shopify Share Price Forecast

  • What is the Shopify stock price today?
    The Shopify stock price is 98.44 USD today.
  • Will SHOP.TO stock go up or go down?
    Shopify> share price is forecast to RISE/FALL based on technical indicators
  • Is Shopify overvalued?
    According to simple moving average, exponential moving average, oscillators, and other technical indicators, Shopify is not overvalued.

Is Shopify Stock a Buy?

  • Shopify share price is 98.44 while SHOP.TO 8-day exponential moving average is 96.18, which is a Buy signal.
  • The stock price of SHOP.TO is 98.44 while Shopify 20-day EMA is 95.99, which makes it a Buy.
  • Shopify 50-day exponential moving average is 93.73 while SHOP.TO share price is 98.44, making it a Buy technically.
  • SHOP.TO stock price is 98.44 and Shopify 200-day simple moving average is 91.94, creating a Buy signal.

Fundamental Analysis of Shopify

Is Shopify a good investment?

  • Analysts estimate an earnings increase this quarter of $0.17 per share, an increase next quarter of $0.08 per share, an increase this year of $0.56 per share, and an increase next year of $0.35 per share.

Technical Analysis of Shopify

Should I short Shopify stock?

  • SHOP.TO Moving Average Covergence Divergence (MACD) indicator is 0.76, suggesting Shopify is a Buy
  • Shopify Relative Strength Index (RSI) is 56.11, which suggest Shopify is overbought
  • The Bollinger Bands (25) for Shopify is (94.51 - 101.69), which suggest Shopify is a Buy
  • The Bollinger Bands (100) for Shopify is (82.3 - 97.92), which suggest Shopify is a Buy

* Shopify stock forecasts short-term for next days and weeks may differ from long term prediction for next month and year based on timeline differences.