Technical Analysis for SHOP - Shopify Inc.

Grade Last Price % Change Price Change
grade B 1022.97 -0.27% -2.73
SHOP closed down 0.27 percent on Wednesday, September 30, 2020, on 88 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. 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.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical SHOP trend table...

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Crossed Above 50 DMA Bullish -0.27%
Expansion Pivot Buy Setup Bullish Swing Setup -0.27%
Stochastic Reached Overbought Strength -0.27%
Overbought Stochastic Strength -0.27%
Up 3 Days in a Row Strength -0.27%
20 DMA Support Bullish 5.84%
NR7 Range Contraction 5.84%
Crossed Above 20 DMA Bullish 6.46%
Older End-of-Day Gignals for SHOP ...

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

Alert Time
60 Minute Opening Range Breakdown about 12 hours ago
Down 1% about 12 hours ago
2x Volume Pace about 17 hours ago
1.5x Volume Pace about 17 hours ago
Expansion Pivot Entry about 18 hours 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.
Marketing Retailing Software As A Service S&P/Tsx 60 Index Customer Relationship Management E Commerce Online Shopping

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 1146.91
52 Week Low 282.08
Average Volume 2,181,890
200-Day Moving Average 698.35
50-Day Moving Average 995.42
20-Day Moving Average 949.14
10-Day Moving Average 945.78
Average True Range 49.00
ADX 15.97
+DI 30.48
-DI 20.06
Chandelier Exit (Long, 3 ATRs ) 999.92
Chandelier Exit (Short, 3 ATRs ) 986.39
Upper Bollinger Band 1050.31
Lower Bollinger Band 847.98
Percent B (%b) 0.86
BandWidth 21.32
MACD Line -3.87
MACD Signal Line -16.71
MACD Histogram 12.8353
Fundamentals Value
Market Cap 100.8 Billion
Num Shares 98.5 Million
EPS -0.51
Price-to-Earnings (P/E) Ratio -2005.82
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) 1065.95
Resistance 3 (R3) 1067.85 1055.42 1058.78
Resistance 2 (R2) 1055.42 1044.48 1054.47 1056.39
Resistance 1 (R1) 1039.20 1037.72 1032.99 1037.30 1054.01
Pivot Point 1026.77 1026.77 1023.67 1025.82 1026.77
Support 1 (S1) 1010.55 1015.83 1004.34 1008.65 991.93
Support 2 (S2) 998.12 1009.07 997.17 989.55
Support 3 (S3) 981.90 998.12 987.16
Support 4 (S4) 980.00