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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.

10 day averaged volume of Shopify Inc is 18118130

Date Daily Closing Price Open High Low Volume
10 Thu Apr 2025 84.63 87.24 87.40 81.39 0.89 times
09 Wed Apr 2025 91.40 75.38 94.14 74.67 1.486 times
08 Tue Apr 2025 77.09 83.93 86.36 75.23 1.027 times
07 Mon Apr 2025 78.82 70.29 83.47 69.99 1.243 times
04 Fri Apr 2025 76.89 77.48 78.27 69.84 1.64 times
03 Thu Apr 2025 82.29 87.32 87.70 81.25 1.596 times
02 Wed Apr 2025 100.65 95.03 101.45 94.65 0.436 times
01 Tue Apr 2025 97.64 95.80 99.54 93.96 0.569 times
31 Mon Mar 2025 95.48 92.72 96.11 89.24 0.872 times
28 Fri Mar 2025 96.68 99.15 100.26 95.86 0.729 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 84.6 as stoploss in an intra day buy trade for a target of 93.77. However, stock will show a bearish move below 84.6.

Share price targets for Shopify Inc (SHOP)

Target Type Value
Downside Target 69.84
Upside Target 89.10
Upside Target 92.91
Upside Target 99.05
Upside Target 101.45
Upside Target 104.43
Upside Target 104.50
Upside Target 107.00
Upside Target 110.68
Upside Target 115.21
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 71.7
Downside Intraday Target 58.77
Upside Intraday Target 95.85
Upside Intraday Target 107.07
Downside Intraday Target 82.92

Weekly technical analysis of Shopify Inc (SHOP)

Date Weekly Closing Price Open High Low Volume
10 Thu Apr 2025 84.63 70.29 94.14 69.99 0.909 times
04 Fri Apr 2025 76.89 92.72 101.45 69.84 3.027 times
28 Fri Mar 2025 96.68 106.95 110.68 95.86 0.662 times
21 Fri Mar 2025 104.21 95.02 104.43 92.91 0.838 times
14 Fri Mar 2025 94.85 96.07 99.13 89.10 0.985 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
10 Thu Apr 2025 84.63 95.80 101.45 69.84 0.79 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
31 Fri Jan 2025 116.80 107.50 122.00 99.05 1.578 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down

CCI has generated a SELL signal for Shopify Inc in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 85.71 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down

CCI has generated a SELL signal for Shopify Inc in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 85.71 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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Daily chart
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