Technical Analysis for SHOP - Shopify Inc.

Grade Last Price % Change Price Change
A 1643.3199 3.09% 49.23
SHOP closed up 3.09 percent on Friday, July 23, 2021, on approximately normal volume. The bulls were able to push the stock to a new 52-week high. 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: Jul 28
*** please verify all earnings dates ***

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
BB Squeeze Ended Range Expansion 0.00%
Above Upper BB 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%
Up 5 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Older End-of-Day Signals for SHOP ...

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

Alert Time
Up 3% 1 day ago
Up 2% 1 day ago
60 Minute Opening Range Breakout 1 day ago
Possible NR7 1 day ago
2x Volume Pace 1 day ago
View Earlier Intraday Alerts

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Profile

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.
Classification

Sector: Technology
Industry: Software - Application
Keywords: Retailing Software As A Service E Commerce Social Media Customer Relationship Management Fintech Online Shopping S&P/Tsx 60 Index Retail Locations Storefront Physical Retail 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 1650.0
52 Week Low 839.4
Average Volume 1,371,512
200-Day Moving Average 1192.10
50-Day Moving Average 1362.58
20-Day Moving Average 1500.69
10-Day Moving Average 1516.19
Average True Range 56.31
ADX 26.95
+DI 37.23
-DI 17.28
Chandelier Exit (Long, 3 ATRs) 1481.06
Chandelier Exit (Short, 3 ATRs) 1561.95
Upper Bollinger Bands 1603.39
Lower Bollinger Band 1397.98
Percent B (%b) 1.19
BandWidth 13.69
MACD Line 55.17
MACD Signal Line 49.09
MACD Histogram 6.074
Fundamentals Value
Market Cap 180.84 Billion
Num Shares 110 Million
EPS 1.62
Price-to-Earnings (P/E) Ratio 1015.02
Price-to-Sales 51.18
Price-to-Book 20.42
PEG Ratio -94.58
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1724.42
Resistance 3 (R3) 1717.64 1683.82 1710.91
Resistance 2 (R2) 1683.82 1663.17 1687.21 1706.40
Resistance 1 (R1) 1663.57 1650.40 1673.69 1670.35 1701.89
Pivot Point 1629.75 1629.75 1634.81 1633.14 1629.75
Support 1 (S1) 1609.50 1609.10 1619.63 1616.28 1584.75
Support 2 (S2) 1575.68 1596.33 1579.07 1580.24
Support 3 (S3) 1555.43 1575.68 1575.73
Support 4 (S4) 1562.22