Technical Analysis for SHOP - Shopify Inc.

Grade Last Price % Change Price Change
grade A 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 ***

Trend Table & Recent Signals
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%

Older signals for SHOP ...

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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 Tesla
Is SHOP a Buy, Sell or Hold?
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.
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