Munafa technical analysis Shopify Inc. SHOP technical analysis buy or sell

Munafa technical analysis Shopify Inc. SHOP technical analysis buy or sell Analysis of Shopify Inc. SHOP to buy or sell for Daily, weekly or monthly

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Shopify Inc. SHOP Daily Analysis to buy or sell

As per my analysis of Shopify Inc. SHOP, 12 day returns for Shopify Inc. SHOP have been negative, with total returns of -0.36999999999999, which is -0.5% with investment starting at 74.38.
An investment of 100,000 bucks in Shopify Inc. would have become 99500 bucks today.

Shopify Inc. SHOP moves in a range of 0.8 points on a day to day basis. This means that a total of approx 0.8 plus points of returns can be expected in a bullish day, and a total of 0.8 minus points can be expected in a bearish day.
This is about 1.08% of returns per day.

Shopify Inc. Munafa analysis, looking for Trend and BUY or SELL opportunities.

Stock is in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Shopify Inc. SHOP at this time.

It appears as if Shopify Inc. SHOP gave a large move recently.

Stock of Shopify Inc. (SHOP) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Shopify Inc. is bullish for shortterm, and stock might move up till 77 or till 81.1. Use a stoploss of 73.48 and if this stock hits its stoploss, then it can fall down till 70

You can find more Price Targets here or Forecast here for Shortterm, Midterm, and Longterm

Daily Candle Stick analysis of Shopify Inc. SHOP

Candle stick analysis of Shopify Inc. as on 23 Tue Apr 2024 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 4.7 HC: 0.8 LC: 3.9 OC: 4.6

Shopify Inc. is moving towards a high expiry

Candle stick analysis of Shopify Inc. as on 22 Mon Apr 2024 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 2.8 HC: 1 LC: 1.8 OC: 1.7

Shopify Inc. is moving towards a high expiry

Candle stick analysis of Shopify Inc. as on 19 Fri Apr 2024 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 4.1 HC: 2.8 LC: 1.3 OC: 0.9

Shopify Inc. is moving towards a low expiry

Candle stick analysis of Shopify Inc. as on 18 Thu Apr 2024 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 4.1 HC: 2.1 LC: 2 OC: 2.3

Shopify Inc. is moving towards a low expiry

Candle stick analysis of Shopify Inc. as on 17 Wed Apr 2024 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 2.9 HC: 2.3 LC: 0.6 OC: 2.2

Shopify Inc. is moving towards a low expiry

Shopify Inc. SHOP Weekly Analysis to buy or sell

As per my analysis of Shopify Inc. SHOP, 12 week returns for Shopify Inc. SHOP have been negative, with total returns of -2.23, which is -2.92% with investment starting at 76.24.
An investment of 100,000 bucks in Shopify Inc. would have become 97080 bucks today.

Shopify Inc. SHOP moves in a range of 1.6 points on a week to week basis. This means that a total of approx 1.6 plus points of returns can be expected in a bullish week, and a total of 1.6 minus points can be expected in a bearish week.
This is about 2.16% of returns per week.

Weekly Candle Stick analysis of Shopify Inc. SHOP

Candle stick analysis of Shopify Inc. as on 23 Tue Apr 2024 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 7.6 HC: 0.8 LC: 6.8 OC: 6.5

Shopify Inc. is moving towards a high expiry

Candle stick analysis of Shopify Inc. as on 19 Fri Apr 2024 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 5.3 HC: 2.8 LC: 2.4 OC: 2.3

Shopify Inc. is moving towards a low expiry

Candle stick analysis of Shopify Inc. as on 12 Fri Apr 2024 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 9.1 HC: 7.8 LC: 1.2 OC: 0.3

Shopify Inc. is moving towards a low expiry

Shopify Inc. is forming a DOJI candle

Candle stick analysis of Shopify Inc. as on 05 Fri Apr 2024 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 7.6 HC: 5.3 LC: 2.2 OC: 2.5

Shopify Inc. is moving towards a low expiry

Candle stick analysis of Shopify Inc. as on 28 Thu Mar 2024 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 3.6 HC: 3.3 LC: 0.2 OC: 2.1

Shopify Inc. is moving towards a low expiry

Shopify Inc. SHOP Monthly Analysis to buy or sell

As per my analysis of Shopify Inc. SHOP, 12 month returns for Shopify Inc. SHOP have been positive, with total returns of 14.75, which is 24.89% with investment starting at 59.26.
An investment of 100,000 bucks in Shopify Inc. would have become 124890 bucks today.

Shopify Inc. SHOP moves in a range of 6.8 points on a month to month basis. This means that a total of approx 6.8 plus points of returns can be expected in a bullish month, and a total of 6.8 minus points can be expected in a bearish month.
This is about 9.19% of returns per month.

Monthly Candle Stick analysis of Shopify Inc. SHOP

Candle stick analysis of Shopify Inc. as on 23 Tue Apr 2024 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 16.6 HC: 7.1 LC: 8.8 OC: 2.5

Shopify Inc. is moving towards a high expiry

Candle stick analysis of Shopify Inc. as on 28 Thu Mar 2024 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 14.8 HC: 8.1 LC: 6.2 OC: 9.3

Shopify Inc. is moving towards a low expiry

Candle stick analysis of Shopify Inc. as on 29 Thu Feb 2024 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 24 HC: 19.9 LC: 3.4 OC: 12

Shopify Inc. is moving towards a low expiry

Candle stick analysis of Shopify Inc. as on 26 Fri Jan 2024 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 18 HC: 2.2 LC: 15.5 OC: 9.1

Shopify Inc. is moving towards a high expiry

Candle stick analysis of Shopify Inc. as on 29 Fri Dec 2023 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 14.2 HC: 2.7 LC: 11.2 OC: 11.4

Shopify Inc. is moving towards a high expiry

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