(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 2025-03-20 View latest technical analysis
10 day averaged volume of Shopify Inc is 11001419
Date | Daily Closing Price | Open | High | Low | Volume |
20 Thu Mar 2025 | 101.85 | 98.46 | 104.19 | 98.46 | 0.782 times |
19 Wed Mar 2025 | 101.54 | 99.63 | 103.17 | 97.65 | 1.619 times |
18 Tue Mar 2025 | 94.01 | 95.90 | 96.12 | 92.91 | 0.488 times |
17 Mon Mar 2025 | 96.59 | 95.02 | 98.43 | 94.58 | 0.525 times |
14 Fri Mar 2025 | 94.85 | 94.61 | 95.83 | 93.06 | 0.642 times |
13 Thu Mar 2025 | 90.59 | 95.17 | 95.53 | 89.10 | 1.007 times |
12 Wed Mar 2025 | 96.53 | 96.67 | 99.13 | 95.29 | 0.776 times |
11 Tue Mar 2025 | 92.95 | 92.75 | 95.11 | 91.15 | 1.102 times |
10 Mon Mar 2025 | 92.75 | 96.07 | 96.19 | 91.69 | 1.489 times |
07 Fri Mar 2025 | 100.13 | 100.85 | 103.50 | 95.36 | 1.263 times |
My analysis of stock is bearish for shortterm, and stock might move down till 94.9 or till 85.4. Use a stoploss of 102.84 and if the stock hits stoploss, then it can shoot up till 110.74
Share price targets for Shopify Inc (SHOP)
Target Type | Value |
Downside Target | 77.70 |
Downside Target | 89.10 |
Downside Target | 92.91 |
Downside Target | 95.36 |
Downside Target | 99.05 |
Upside Target | 104.19 |
Upside Target | 107.00 |
Upside Target | 115.21 |
Upside Target | 115.62 |
Upside Target | 117.03 |
Upside Target | 120.10 |
Upside Target | 122.00 |
Upside Target | 129.38 |
Intraday share price targets for Shopify Inc (SHOP)
Target Type | Value |
Downside Intraday Target | 95.11 |
Downside Intraday Target | 88.37 |
Upside Intraday Target | 106.39 |
Upside Intraday Target | 110.93 |
Downside Intraday Target | 99.65 |
Weekly technical analysis of Shopify Inc (SHOP)
Date | Weekly Closing Price | Open | High | Low | Volume |
20 Thu Mar 2025 | 101.85 | 95.02 | 104.19 | 92.91 | 0.681 times |
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 |
Price has moved up 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 |
20 Thu Mar 2025 | 101.85 | 112.89 | 115.21 | 89.10 | 0.804 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 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Shopify Inc in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shopify Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 96.43 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 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 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Shopify Inc in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shopify Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 96.43 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 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.