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(SHOP) Shopify Inc complete technical analysis [charts+indicators] | Buy/Sell Shopify Inc | (SHOP) share price targets

Complete technical analysis of Shopify Inc (SHOP) by charts plus indicators, forecast predictions and share price targets for Shopify Inc (SHOP)

Shopify Inc trades in USA in Technology sector.

Showing technical analysis as on 2025-05-29 View latest technical analysis

10 day averaged volume of Shopify Inc is 17998920

Date Daily Closing Price Open High Low Volume
29 Thu May 2025 107.70 109.69 110.68 107.15 0.369 times
28 Wed May 2025 107.11 106.53 108.14 105.57 0.379 times
27 Tue May 2025 106.74 104.36 107.48 103.90 0.42 times
23 Fri May 2025 101.51 100.81 102.96 100.31 0.333 times
22 Thu May 2025 103.29 102.42 104.76 101.78 0.345 times
21 Wed May 2025 102.32 104.99 105.58 101.55 0.514 times
20 Tue May 2025 106.43 108.63 109.09 104.61 0.461 times
19 Mon May 2025 109.10 108.81 109.92 106.82 0.545 times
16 Fri May 2025 110.75 111.56 112.38 109.80 5.338 times
15 Thu May 2025 110.21 109.93 111.73 108.39 0.754 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 109 as stoploss in an intra day sell trade for a target of 102.87. However, stock will show a bullish move above 109.

Share price targets for Shopify Inc (SHOP)

Target Type Value
Downside Target 69.84
Downside Target 88.14
Downside Target 92.40
Downside Target 99.01
Downside Target 103.90
Downside Target 107.00
Upside Target 109.92
Upside Target 110.68
Upside Target 112.38
Upside Target 115.21
Upside Target 122.00
Upside Target 129.38

Intraday share price targets for Shopify Inc (SHOP)

Target Type Value
Downside Intraday Target 104.17
Downside Intraday Target 100.65
Upside Intraday Target 110.95
Upside Intraday Target 114.21
Downside Intraday Target 107.43

Weekly technical analysis of Shopify Inc (SHOP)

Date Weekly Closing Price Open High Low Volume
29 Thu May 2025 107.70 104.36 110.68 103.90 0.531 times
23 Fri May 2025 101.51 108.81 109.92 100.31 0.231 times
16 Fri May 2025 110.75 104.00 112.38 99.01 1.961 times
09 Fri May 2025 91.77 95.40 99.46 88.14 1.926 times
02 Fri May 2025 99.25 96.85 100.49 92.40 1.904 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Shopify Inc (SHOP)

Date Monthly Closing Price Open High Low Volume
29 Thu May 2025 107.70 98.21 112.38 88.14 1.27 times
30 Wed Apr 2025 95.00 95.80 101.45 69.84 1.307 times
31 Mon Mar 2025 95.48 112.89 115.21 89.10 1.101 times
28 Fri Feb 2025 112.00 111.87 129.38 107.00 1.361 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Shopify Inc (SHOP)

Price action analysis of Shopify Inc ( (SHOP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Shopify Inc ( (SHOP) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Shopify Inc ( (SHOP) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Shopify Inc ( (SHOP) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Shopify Inc stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Shopify Inc in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Shopify Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Shopify Inc in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Shopify Inc is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 108.9 and Shopify Inc (SHOP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Shopify Inc (SHOP) stock. Volume based technical analysis of Shopify Inc (SHOP) stock is negative.

Shopify Inc Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Shopify Inc ( (SHOP) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Shopify Inc ( (SHOP) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Shopify Inc ( (SHOP) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Shopify Inc ( (SHOP) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Shopify Inc stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Shopify Inc in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Shopify Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Shopify Inc in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Shopify Inc is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 108.9 and Shopify Inc (SHOP) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Shopify Inc (SHOP) stock. Volume based technical analysis of Shopify Inc (SHOP) stock is negative.

Shopify Inc Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

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