Technical Analysis for SHOP - Shopify Inc.

Grade Last Price % Change Price Change
grade D 137.37 -5.80% -8.46
SHOP closed down 5.8 percent on Wednesday, October 17, 2018, on 2.26 times normal volume. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline.

Earnings due: Oct 25

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical SHOP trend table...

Date Alert Name Type % Chg
Oct 17 Bearish Engulfing Bearish 0.00%
Oct 17 Fell Below 200 DMA Bearish 0.00%
Oct 17 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Oct 17 Multiple of Ten Bearish Other 0.00%
Oct 17 Outside Day Range Expansion 0.00%
Oct 17 Wide Bands Range Expansion 0.00%
Oct 16 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -5.80%
Oct 16 Crossed Above 200 DMA Bullish -5.80%
Oct 16 Cup with Handle Other -5.80%
Oct 16 Multiple of Ten Bullish Other -5.80%

Older signals for SHOP ...

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Basic chart:
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.
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: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 176.6
52 Week Low 92.41
Average Volume 1,394,757
200-Day Moving Average 141.5606
50-Day Moving Average 147.1292
20-Day Moving Average 150.546
10-Day Moving Average 138.781
Average True Range 7.5587
ADX 28.98
+DI 17.2749
-DI 29.5309
Chandelier Exit (Long, 3 ATRs ) 146.2739
Chandelier Exit (Short, 3 ATRs ) 149.3561
Upper Bollinger Band 176.0529
Lower Bollinger Band 125.0391
Percent B (%b) 0.24
BandWidth 33.885855
MACD Line -4.3439
MACD Signal Line -2.5895
MACD Histogram -1.7544
Fundamentals Value
Market Cap 13.54 Billion
Num Shares 98.5 Million
EPS -0.51
Price-to-Earnings (P/E) Ratio -269.35
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) 156.32
Resistance 3 (R3) 157.25 151.88 153.16
Resistance 2 (R2) 151.88 147.05 151.41 152.10
Resistance 1 (R1) 144.62 144.07 141.94 143.69 151.05
Pivot Point 139.25 139.25 137.90 138.78 139.25
Support 1 (S1) 131.99 134.42 129.31 131.06 123.69
Support 2 (S2) 126.62 131.44 126.15 122.64
Support 3 (S3) 119.36 126.62 121.58
Support 4 (S4) 118.43