Technical Analysis for SHOP - Shopify Inc.
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| C | 49.63 | 5.17% | 2.44 |
SHOP closed down 5.77 percent on Monday, January 30, 2023, on approximately normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: Feb 15
*** please verify all earnings dates ***| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Up | Up | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Slingshot Bullish | Bullish Swing Setup | 4.62% | |
| Upper Bollinger Band Walk | Strength | 4.62% | |
| Wide Bands | Range Expansion | 4.62% | |
| Overbought Stochastic | Strength | 4.62% | |
| Upper Bollinger Band Touch | Strength | 4.62% | |
| Pocket Pivot | Bullish Swing Setup | -1.42% | |
| Upper Bollinger Band Walk | Strength | -1.42% | |
| Multiple of Ten Bullish | Other | -1.42% | |
| Wide Bands | Range Expansion | -1.42% | |
| Above Upper BB | Strength | -1.42% |
Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App
| Alert | Time |
|---|---|
| Slingshot Bullish Entry | 27 minutes ago |
| Rose Above Previous Day's High | 27 minutes ago |
| Up 5% | 27 minutes ago |
| Upper Bollinger Band Resistance | about 1 hour ago |
| 60 Minute Opening Range Breakout | about 1 hour ago |
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- Earnings date: 02/15/2023
Shopify Inc., an e-commerce company, provides a cloud-based multi-channel commerce platform for small and medium-sized businesses in Canada, the United States, the United Kingdom, Australia, and internationally. Its platform provides merchants with a single view of business and customers in various sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics and reporting, and access financing.
Sector: Technology
Industry: Software - Application
Keywords: Retailing E Commerce Software As A Service Customer Relationship Management Social Media Fintech Online Shopping S&P/Tsx 60 Index Storefront Physical Retail
Classification
Sector: Technology
Industry: Software - Application
Keywords: Retailing E Commerce Software As A Service Customer Relationship Management Social Media Fintech Online Shopping S&P/Tsx 60 Index Storefront Physical Retail
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 98.85 |
| 52 Week Low | 23.6304 |
| Average Volume | 20,304,781 |
| 200-Day Moving Average | 36.11 |
| 50-Day Moving Average | 38.47 |
| 20-Day Moving Average | 40.19 |
| 10-Day Moving Average | 43.74 |
| Average True Range | 2.57 |
| RSI | 65.75 |
| ADX | 32.47 |
| +DI | 36.36 |
| -DI | 9.95 |
| Chandelier Exit (Long, 3 ATRs) | 42.46 |
| Chandelier Exit (Short, 3 ATRs) | 40.11 |
| Upper Bollinger Bands | 49.44 |
| Lower Bollinger Band | 30.95 |
| Percent B (%b) | 0.88 |
| BandWidth | 46.01 |
| MACD Line | 2.97 |
| MACD Signal Line | 1.84 |
| MACD Histogram | 1.1366 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 50.89 | ||||
| Resistance 3 (R3) | 51.30 | 50.47 | 50.28 | ||
| Resistance 2 (R2) | 50.47 | 49.53 | 50.27 | 50.07 | |
| Resistance 1 (R1) | 48.83 | 48.94 | 48.41 | 48.42 | 49.87 |
| Pivot Point | 48.00 | 48.00 | 47.79 | 47.80 | 48.00 |
| Support 1 (S1) | 46.36 | 47.06 | 45.95 | 45.96 | 44.51 |
| Support 2 (S2) | 45.53 | 46.47 | 45.33 | 44.31 | |
| Support 3 (S3) | 43.89 | 45.53 | 44.10 | ||
| Support 4 (S4) | 43.49 |
