Technical Analysis for SHOP - Shopify Inc.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Up | Down | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Fell Below 20 DMA | Bearish | 0.00% | |
| Non-ADX 1,2,3,4 Bearish | Bearish Swing Setup | 0.00% | |
| Multiple of Ten Bearish | Other | 0.00% | |
| Crossed Above 20 DMA | Bullish | -2.07% | |
| MACD Bullish Signal Line Cross | Bullish | -2.07% | |
| Multiple of Ten Bullish | Other | -2.07% | |
| Gapped Up | Strength | -2.07% | |
| Up 3 Days in a Row | Strength | -2.07% | |
| Up 4 Days in a Row | Strength | -2.07% | |
| Up 5 Days in a Row | Strength | -2.07% |
| Alert | Time |
|---|---|
| Down 2% | about 14 hours ago |
| Down 1% | about 15 hours ago |
| Fell Below 20 DMA | about 15 hours ago |
| Rose Above Previous Day's High | about 16 hours ago |
| Up 1% | about 16 hours ago |
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- Earnings date: 2024-05-08
Shopify Inc. Description
Shopify Inc. (Shopify) provides a cloud-based, multi-channel commerce platform designed for small and medium-sized businesses. The Company offers subscription solutions and merchant solutions. The Company's software is used by merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts and marketplaces. The Shopify platform provides merchants with a single view of their business and customers across all of their sales channels and enables them to manage products and inventory, process orders and payments, ship orders, build customer relationships and leverage analytics and reporting all from one integrated back office. The Shopify platform includes a mobile-optimized checkout system, which is designed to enable merchants' consumers to buy products over mobile Websites. Its merchants are able to offer their customers the ability to check out by using Apple Pay.
Classification
Sector: Technology
Industry: Software - Application
Keywords: Retail Marketing Software Media Mobile Ships Integrated Analytics Inventory E Commerce Marketplace Market Economics) Online Shopping Retail Locations Social Media Commerce Platform Places
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 123.2 |
| 52 Week Low | 62.8 |
| Average Volume | 2,597,660 |
| 200-Day Moving Average | 92.471 |
| 50-Day Moving Average | 102.827 |
| 20-Day Moving Average | 99.912 |
| 10-Day Moving Average | 96.774 |
| Average True Range | 3.336 |
| RSI (14) | 46.52 |
| ADX | 18.39 |
| +DI | 21.256 |
| -DI | 18.061 |
| Chandelier Exit (Long, 3 ATRs) | 98.263 |
| Chandelier Exit (Short, 3 ATRs) | 103.857 |
| Upper Bollinger Bands | 107.641 |
| Lower Bollinger Band | 92.183 |
| Percent B (%b) | 0.44 |
| BandWidth | 15.472 |
| MACD Line | -1.884 |
| MACD Signal Line | -2.095 |
| MACD Histogram | 0.2108 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 105.145 | ||||
| Resistance 3 (R3) | 105.607 | 104.023 | 104.123 | ||
| Resistance 2 (R2) | 104.023 | 102.461 | 103.793 | 103.781 | |
| Resistance 1 (R1) | 101.517 | 101.496 | 100.725 | 101.055 | 103.441 |
| Pivot Point | 99.933 | 99.933 | 99.538 | 99.703 | 99.933 |
| Support 1 (S1) | 97.427 | 98.371 | 96.635 | 96.965 | 94.579 |
| Support 2 (S2) | 95.843 | 97.406 | 95.613 | 94.239 | |
| Support 3 (S3) | 93.337 | 95.843 | 93.898 | ||
| Support 4 (S4) | 92.875 |
