Technical Analysis for SHOP - Shopify Inc.

Grade Last Price % Change Price Change
grade B 756.66 -0.18% -1.34
SHOP closed up 0.03 percent on Monday, June 1, 2020, on 47 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Down
Historical SHOP trend table...

Date Alert Name Type % Chg
20 DMA Support Bullish -0.18%
Narrow Range Bar Range Contraction -0.18%
NR7 Range Contraction -0.18%
Inside Day Range Contraction -0.18%
20 DMA Support Bullish -0.15%
Inside Day Range Contraction -0.15%
20 DMA Support Bullish 1.64%
New Uptrend Bullish 1.64%
Down 3 Days in a Row Weakness 1.64%
New Downtrend Bearish 0.89%

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Profile

Shopify is a leading cloud-based commerce platform designed for small and medium-sized businesses. Merchants can use the software to design, set up and manage their stores across multiple sales channels, including web, mobile, social media, brick-and-mortar locations, and pop-up shops. This provides a merchant a single view of their business. The Shopify platform was engineered for reliability and scale, using enterprise-level technology made available to businesses of all sizes. Shopify currently powers over 165,000 businesses in approximately 150 countries, including: Tesla Motors, Budweiser, Google, Wikipedia, LA Lakers, GoldieBlox, and many more.
Automotive Industry Social Media Vehicles

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 844.0
52 Week Low 277.12
Average Volume 3,904,349
200-Day Moving Average 436.98
50-Day Moving Average 595.32
20-Day Moving Average 747.66
10-Day Moving Average 767.47
Average True Range 42.41
ADX 28.78
+DI 24.22
-DI 22.97
Chandelier Exit (Long, 3 ATRs ) 716.78
Chandelier Exit (Short, 3 ATRs ) 722.25
Upper Bollinger Band 818.60
Lower Bollinger Band 676.72
Percent B (%b) 0.57
BandWidth 18.98
MACD Line 45.12
MACD Signal Line 55.68
MACD Histogram -10.5577
Fundamentals Value
Market Cap 74.69 Billion
Num Shares 98.5 Million
EPS -0.51
Price-to-Earnings (P/E) Ratio -1486.27
Price-to-Sales 20.16
Price-to-Book 10.49
PEG Ratio -121.06
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 787.60
Resistance 3 (R3) 784.72 771.99 782.66
Resistance 2 (R2) 771.99 764.45 773.42 781.02
Resistance 1 (R1) 764.99 759.79 768.49 767.87 779.37
Pivot Point 752.26 752.26 754.01 753.69 752.26
Support 1 (S1) 745.26 744.72 748.76 748.14 736.63
Support 2 (S2) 732.53 740.06 733.96 734.98
Support 3 (S3) 725.53 732.53 733.34
Support 4 (S4) 728.41