(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 10508440
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Thu Apr 2025 | 82.29 | 87.32 | 87.70 | 81.25 | 2.752 times |
| 02 Wed Apr 2025 | 100.65 | 95.03 | 101.45 | 94.65 | 0.751 times |
| 01 Tue Apr 2025 | 97.64 | 95.80 | 99.54 | 93.96 | 0.981 times |
| 31 Mon Mar 2025 | 95.48 | 92.72 | 96.11 | 89.24 | 1.504 times |
| 28 Fri Mar 2025 | 96.68 | 99.15 | 100.26 | 95.86 | 1.256 times |
| 26 Wed Mar 2025 | 104.28 | 109.17 | 109.42 | 103.05 | 0.695 times |
| 24 Mon Mar 2025 | 109.28 | 106.95 | 110.68 | 106.80 | 0.961 times |
| 21 Fri Mar 2025 | 104.21 | 100.27 | 104.43 | 99.20 | 0.828 times |
| 20 Thu Mar 2025 | 101.85 | 98.46 | 104.19 | 98.46 | 0.819 times |
| 19 Wed Mar 2025 | 101.54 | 99.63 | 103.17 | 97.65 | 1.695 times |
Stock of Shopify Inc (SHOP) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 84.8, for a target of 92 or 98.05
Share price targets for Shopify Inc (SHOP)
| Target Type | Value |
| Downside Target | 81.25 |
| Upside Target | 89.10 |
| Upside Target | 92.91 |
| Upside Target | 95.36 |
| Upside Target | 99.05 |
| Upside Target | 101.45 |
| Upside Target | 104.43 |
| 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 | 75.21 |
| Downside Intraday Target | 68.13 |
| Upside Intraday Target | 95.41 |
| Upside Intraday Target | 108.53 |
| Upside Intraday Target | 88.33 |
Weekly technical analysis of Shopify Inc (SHOP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Thu Apr 2025 | 82.29 | 92.72 | 101.45 | 81.25 | 2.056 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 |
| 07 Fri Mar 2025 | 100.13 | 112.89 | 115.21 | 95.36 | 1.579 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Shopify Inc (SHOP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 03 Thu Apr 2025 | 82.29 | 95.80 | 101.45 | 81.25 | 0.231 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 neutral. A longer time frame might give a better analysis.
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 gaining 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 getting stronger in this stock.
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
Although the stock is in the BUY zone, but buying 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 96.57 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 neutral. A longer time frame might give a better analysis.
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 gaining 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 getting stronger in this stock.
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
Although the stock is in the BUY zone, but buying 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 96.57 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.