Shopify Inc, also known as SHOP, is a leading e-commerce platform that enables businesses of all sizes to create, manage, and grow their online stores. As an investor, it is important to analyze the technical indicators of SHOP stock to make informed decisions. Technical analysis involves studying past price and volume data to predict future stock movements. Let's explore the key technical indicators for Shopify Inc.

The Relative Strength Index (RSI) is a popular technical indicator that measures the strength and speed of a stock's price movements. For SHOP stock, an RSI value above 70 indicates overbought conditions, while a value below 30 suggests oversold conditions. By monitoring the RSI, investors can identify potential buying or selling opportunities.

Shopify  (SHOP) Technical Analysis

Discover the technical indicators for Shopify Inc (SHOP) including RSI, ADX, MACD, ROC, STOCHRSI, and WILLR. Analyze the stock's performance and make informed investment decisions. Stay updated on the latest market trends and signal patterns.

Shopify Inc (SHOP) Technical Analysis - RSI, ADX, MACD, ROC, STOCHRSI, WILLR

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping and fulfillment, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.

Shopify 

NYSE

This suggests that the technical indicators do not strongly favor either a buying or selling stance. In such cases, investors may need to rely on additional fundamental or market analysis to make a well-informed decision.

Balanced or Uncertain

MACD

WILLR

STOCHRSI

Free

is to help users identify stocks that trade at a low value relative to their fundamentals. Suitable for value investors such as Warren Buffet.

Name	Value	Action	infoPnL (10y)
auto_graphRSI	52.51	Neutral	50.7%
auto_graphMACD	17.16	Neutral	795.4%
auto_graphCCI	-49.77	Neutral	90.0%
auto_graphADX	27.29	Neutral	-
auto_graphATR	27.01	Buy	-
auto_graphWILLR	-67.32	Neutral	64.2%
auto_graphROC	-15.14	Sell	620.3%
auto_graphSTOCHRSI	0.00	Buy	24.7%

Buy	2	-75.00%
Hold	5	-37.50%
Sell	1	-87.50%

Trendlines, Support and Resistance

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Technical Indicators

Indicator Ratings

Balanced or Uncertain

Shopify (SHOP) Technical Analysis

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