Technical Analysis for SHOP - Shopify Inc.

Grade Last Price % Change Price Change
grade A 207.7 -0.56% -1.170
SHOP closed down 0.63 percent on Tuesday, January 22, 2019, on 57 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Earnings due: Feb 13

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Up
See historical SHOP trend table...

Date Alert Name Type % Chg
Jan 22 Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -0.56%
Jan 22 Overbought Stochastic Strength -0.56%
Jan 21 Narrow Range Bar Range Contraction -1.18%
Jan 21 Wide Bands Range Expansion -1.18%
Jan 21 Overbought Stochastic Strength -1.18%
Jan 18 Narrow Range Bar Range Contraction -1.35%
Jan 18 NR7 Range Contraction -1.35%
Jan 18 Inside Day Range Contraction -1.35%
Jan 18 Overbought Stochastic Strength -1.35%
Jan 18 Up 3 Days in a Row Strength -1.35%

Older signals for SHOP ...

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Profile
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.
Is SHOP a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 232.65
52 Week Low 140.7
Average Volume 352,597
200-Day Moving Average 190.7296
50-Day Moving Average 192.0152
20-Day Moving Average 192.6205
10-Day Moving Average 204.127
Average True Range 8.2843
ADX 14.26
+DI 27.8457
-DI 20.5653
Chandelier Exit (Long, 3 ATRs ) 187.7471
Chandelier Exit (Short, 3 ATRs ) 184.8729
Upper Bollinger Band 220.9779
Lower Bollinger Band 164.2631
Percent B (%b) 0.79
BandWidth 29.443803
MACD Line 5.8737
MACD Signal Line 3.6039
MACD Histogram 2.2698
Fundamentals Value
Market Cap 20.58 Billion
Num Shares 98.6 Million
EPS -0.51
Price-to-Earnings (P/E) Ratio -409.55
Price-to-Sales 25.92
Price-to-Book 13.49
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 217.270
Resistance 3 (R3) 217.137 214.203 215.870
Resistance 2 (R2) 214.203 212.064 214.270 215.403
Resistance 1 (R1) 211.537 210.743 210.070 211.670 214.936
Pivot Point 208.603 208.603 207.870 208.670 208.603
Support 1 (S1) 205.937 206.464 204.470 206.070 202.804
Support 2 (S2) 203.003 205.143 203.070 202.337
Support 3 (S3) 200.337 203.003 201.870
Support 4 (S4) 200.470