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 positive, with total returns of 9.15, which is 9.14% with investment starting at 100.13.
An investment of 100,000 bucks in Shopify Inc. would have become 109140 bucks today.

Shopify Inc. SHOP moves in a range of 2 points on a day to day basis. This means that a total of approx 2 plus points of returns can be expected in a bullish day, and a total of 2 minus points can be expected in a bearish day.
This is about 1.83% 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, but trade for tomorrow is selective. Take a BUY trade only if Shopify Inc. stays above 108.9, but if it comes below 108.9, then a intra day sell could be more profitable.
If you take a sell trade below 108.9, then use 108.9 as stoploss and 101.96 as target. However if you take a buy trade in Shopify Inc., then use 108.9 as stoploss and 117.2 as target.

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 24 Mon Mar 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 3.6 HC: 1.3 LC: 2.3 OC: 3.5

Shopify Inc. is moving towards a high expiry

Candle stick analysis of Shopify Inc. as on 21 Fri Mar 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 5.3 HC: 0.2 LC: 5.1 OC: 4.2

Shopify Inc. is moving towards a high expiry

Candle stick analysis of Shopify Inc. as on 20 Thu Mar 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 5.8 HC: 2.3 LC: 3.4 OC: 5.8

Shopify Inc. is moving towards a high expiry

Candle stick analysis of Shopify Inc. as on 19 Wed Mar 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 5.7 HC: 1.6 LC: 4 OC: 3.6

Shopify Inc. is moving towards a high expiry

Candle stick analysis of Shopify Inc. as on 18 Tue Mar 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 3.5 HC: 2.2 LC: 1.2 OC: 0.2

Shopify Inc. is moving towards a low expiry

Shopify Inc. is forming a DOJI candle

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 positive, with total returns of 5.93, which is 5.74% with investment starting at 103.35.
An investment of 100,000 bucks in Shopify Inc. would have become 105740 bucks today.

Shopify Inc. SHOP moves in a range of 6.2 points on a week to week basis. This means that a total of approx 6.2 plus points of returns can be expected in a bullish week, and a total of 6.2 minus points can be expected in a bearish week.
This is about 5.67% of returns per week.

Weekly Candle Stick analysis of Shopify Inc. SHOP

Candle stick analysis of Shopify Inc. as on 24 Mon Mar 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 3.6 HC: 1.3 LC: 2.3 OC: 3.5

Shopify Inc. is moving towards a high expiry

Candle stick analysis of Shopify Inc. as on 21 Fri Mar 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 12.4 HC: 0.2 LC: 12.2 OC: 9.9

Shopify Inc. is moving towards a high expiry

Candle stick analysis of Shopify Inc. as on 14 Fri Mar 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 11.3 HC: 4.5 LC: 6.5 OC: 3.2

Shopify Inc. is moving towards a high expiry

Candle stick analysis of Shopify Inc. as on 07 Fri Mar 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 20.8 HC: 15.1 LC: 5 OC: 2.1

Shopify Inc. is moving towards a low expiry

Candle stick analysis of Shopify Inc. as on 28 Fri Feb 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 9.4 HC: 4.5 LC: 4.7 OC: 1.3

Shopify Inc. is moving towards a high 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 37.95, which is 53.2% with investment starting at 71.33.
An investment of 100,000 bucks in Shopify Inc. would have become 153200 bucks today.

Shopify Inc. SHOP moves in a range of 9.3 points on a month to month basis. This means that a total of approx 9.3 plus points of returns can be expected in a bullish month, and a total of 9.3 minus points can be expected in a bearish month.
This is about 8.51% of returns per month.

Monthly Candle Stick analysis of Shopify Inc. SHOP

Candle stick analysis of Shopify Inc. as on 24 Mon Mar 2025 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 29.3 HC: 5.4 LC: 22.7 OC: 2.1

Shopify Inc. is moving towards a high expiry

Candle stick analysis of Shopify Inc. as on 28 Fri Feb 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 20.9 HC: 15.5 LC: 4.7 OC: 15.7

Shopify Inc. is moving towards a low expiry

Candle stick analysis of Shopify Inc. as on 31 Fri Jan 2025 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 23.2 HC: 4.5 LC: 17.9 OC: 16.1

Shopify Inc. is moving towards a high expiry

Candle stick analysis of Shopify Inc. as on 27 Fri Dec 2024 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 14.9 HC: 11 LC: 3.5 OC: 1.3

Shopify Inc. is moving towards a low expiry

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

Candle stick ratios of Shopify Inc. are:
HL: 49.9 HC: 3.2 LC: 45.3 OC: 45.2

Shopify Inc. is moving towards a high expiry