Technical Analysis for SHOP - Shopify Inc.

Grade Last Price % Change Price Change
D 1537.03 0.01% 0.190
SHOP closed up 0.01 percent on Friday, April 9, 2021, on 63 percent of normal volume. It ran into resistance at its 50 day moving average. 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: Apr 28
*** please verify all earnings dates ***

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Flat Up
Historical SHOP trend table...

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Upper Bollinger Band Walk Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
50 DMA Resistance Bearish 0.01%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.01%
Above Upper BB Strength 0.01%
Older End-of-Day Signals for SHOP ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
50 DMA Resistance 2 days ago
Rose Above Previous Day's High 2 days ago
Rose Above 50 DMA 2 days ago
Down 2% 2 days ago
Down 1% 2 days ago
View Earlier Intraday Alerts

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Profile

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 Social Media Commerce Platform Market Economics) Online Shopping Places Retail Locations Shopify

Is SHOP a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 1900.58
52 Week Low 585.0
Average Volume 223,284
200-Day Moving Average 1401.530
50-Day Moving Average 1540.325
20-Day Moving Average 1420.064
10-Day Moving Average 1422.514
Average True Range 71.439
ADX 22.69
+DI 22.622
-DI 18.554
Chandelier Exit (Long, 3 ATRs ) 1332.572
Chandelier Exit (Short, 3 ATRs ) 1481.768
Upper Bollinger Band 1542.045
Lower Bollinger Band 1298.082
Percent B (%b) 0.98
BandWidth 17.180
MACD Line -7.369
MACD Signal Line -32.925
MACD Histogram 25.5559
Fundamentals Value
Market Cap 169.14 Billion
Num Shares 110 Million
EPS 1.62
Price-to-Earnings (P/E) Ratio 949.37
Price-to-Sales 51.09
Price-to-Book 20.38
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1614.865
Resistance 3 (R3) 1609.503 1578.197 1601.893
Resistance 2 (R2) 1578.197 1558.375 1580.878 1597.565
Resistance 1 (R1) 1557.613 1546.129 1567.905 1562.975 1593.242
Pivot Point 1526.307 1526.307 1531.453 1528.988 1526.307
Support 1 (S1) 1505.723 1506.485 1516.015 1511.085 1480.818
Support 2 (S2) 1474.417 1494.239 1477.098 1476.495
Support 3 (S3) 1453.833 1474.417 1472.168
Support 4 (S4) 1459.195