ShopifyInc SHOP full analysis,charts,indicators,moving averages,SMA,DMA,EMA,ADX,MACD,RSI
Shopify Inc SHOP WideScreen charts, DMA,SMA,EMA technical analysis, forecast prediction, by indicators ADX,MACD,RSI,CCI NYSE stock exchange
operates under Technology sector & deals in Computer Software Prepackaged Software
Indicator Analysis of ShopifyInc
Tomorrow's movement Prediction of Shopify Inc SHOP appears undecisive. It can be Bearish or Bullish. You should wait for the first half to take a decision on this stock. If it shows signs of weakness in the latter half, then this trend can continue tomorrow as well. Similarly, if it shows signs of strength in the latter half, then this trend can continue in the next trading session as well.
BullKhan value: 54 as on Mon 27 March 2023
If this BullKhan value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.
If the BullKhan value is near 50, then the stock might show a sideways movement.
SMA20 is at 44 and price is deviating by 2 points
Upper Bollinger band is at 47 and lower is at 41, while middle bands are at 42 and 46
Price is rising
Price is above 20day SMA
Price is in upper range of bands
Price action analysis of ShopifyInc (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.
ADX buy sell signal for ShopifyInc stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for ShopifyInc 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.
ShopifyInc 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for ShopifyInc in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of ShopifyInc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 44.67 and ShopifyInc SHOP stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the ShopifyInc SHOP stock. Volume based technical analysis of ShopifyInc SHOP stock is negative.
ShopifyInc Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
DMA SMA EMA moving averages of Shopify Inc SHOP
DMA (daily moving average) of Shopify Inc SHOP
|DMA period||DMA value|
|5 day DMA||45.31|
|12 day DMA||44.2|
|20 day DMA||43.44|
|35 day DMA||44.55|
|50 day DMA||45.09|
|100 day DMA||40.98|
|150 day DMA||37.45|
|200 day DMA||45.16|
EMA (exponential moving average) of Shopify Inc SHOP
|EMA period||EMA current||EMA prev||EMA prev2|
|5 day EMA||45.04||45.02||45.04|
|12 day EMA||44.49||44.39||44.28|
|20 day EMA||44.19||44.1||44.01|
|35 day EMA||44.22||44.17||44.12|
|50 day EMA||44.48||44.46||44.44|
SMA (simple moving average) of Shopify Inc SHOP
|SMA period||SMA current||SMA prev||SMA prev2|
|5 day SMA||45.31||45.07||45.01|
|12 day SMA||44.2||44.02||43.92|
|20 day SMA||43.44||43.21||43|
|35 day SMA||44.55||44.74||44.96|
|50 day SMA||45.09||44.96||44.84|
|100 day SMA||40.98||40.86||40.74|
|150 day SMA||37.45||37.36||37.29|
|200 day SMA||45.16||46.58||47.94|