Technical Analysis for SHOP - Shopify Inc.
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
 |
225.8 | 0.67% | 1.51 |
SHOP closed up 1.62 percent on Monday, April 22, 2019, on 86 percent of normal volume. The bulls were able to push the stock to a new 52-week high. 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 30
*** please verify all earnings dates ***| ADX | Long-Term | Intermediate-Term | Short-Term |
|---|---|---|---|
| Weak or Absent | Up | Up | Up |
| See historical SHOP trend table... | |||
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| New 52 Week Closing High | Bullish | 0.67% | |
| New 52 Week High | Strength | 0.67% | |
| Above Upper BB | Strength | 0.67% | |
| Overbought Stochastic | Strength | 0.67% | |
| Up 3 Days in a Row | Strength | 0.67% | |
| Upper Bollinger Band Touch | Strength | 0.67% | |
| New 52 Week Closing High | Bullish | 2.30% | |
| BB Squeeze Ended | Range Expansion | 2.30% | |
| Overbought Stochastic | Strength | 2.30% | |
| 180 Bullish Setup | Bullish Swing Setup | 4.03% |
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Basic chart:
- Earnings date: 2019-04-30
- Sector: Technology
- Industry: Software - Application
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 Tesla
Automotive Industry Social Media Vehicles Tesla
| 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. | ||
See more SHOP news...
Indicators
| Indicator | Value |
|---|---|
| 52 Week High | 225.99 |
| 52 Week Low | 117.64 |
| Average Volume | 1,531,468 |
| 200-Day Moving Average | 160.3521 |
| 50-Day Moving Average | 196.841 |
| 20-Day Moving Average | 207.598 |
| 10-Day Moving Average | 213.201 |
| Average True Range | 6.6066 |
| ADX | 24.59 |
| +DI | 33.9415 |
| -DI | 13.7334 |
| Chandelier Exit (Long, 3 ATRs ) | 206.1702 |
| Chandelier Exit (Short, 3 ATRs ) | 210.1998 |
| Upper Bollinger Band | 223.7004 |
| Lower Bollinger Band | 191.4956 |
| Percent B (%b) | 1.02 |
| BandWidth | 15.513059 |
| MACD Line | 6.7791 |
| MACD Signal Line | 5.5011 |
| MACD Histogram | 1.278 |
| Fundamentals | Value |
|---|---|
| Market Cap | 22.1 Billion |
| Num Shares | 98.5 Million |
| EPS | -0.51 |
| Price-to-Earnings (P/E) Ratio | -439.78 |
| 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) | 234.52 | ||||
| Resistance 3 (R3) | 233.95 | 229.97 | 232.82 | ||
| Resistance 2 (R2) | 229.97 | 227.36 | 230.26 | 232.25 | |
| Resistance 1 (R1) | 227.13 | 225.76 | 228.55 | 227.70 | 231.68 |
| Pivot Point | 223.15 | 223.15 | 223.86 | 223.44 | 223.15 |
| Support 1 (S1) | 220.31 | 220.54 | 221.73 | 220.88 | 216.90 |
| Support 2 (S2) | 216.33 | 218.94 | 216.62 | 216.33 | |
| Support 3 (S3) | 213.49 | 216.33 | 215.77 | ||
| Support 4 (S4) | 214.06 |
