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 3.75, which is 5.87% with investment starting at 63.88.
An investment of 100,000 bucks in Shopify Inc. would have become 105870 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 1.18% of returns per day.

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

Stock is in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in 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, and it has been above this line for quite some time now. This is a good sign, and the stock might move higher!

Although my analysis for Shopify Inc. is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 68.2, for a target of 66.6 or 65.37

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 05 Fri Jul 2024 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 2.5 HC: 0.6 LC: 1.9 OC: 1.6

Shopify Inc. is moving towards a high expiry

Candle stick analysis of Shopify Inc. as on 03 Wed Jul 2024 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 1.5 HC: 0.7 LC: 0.7 OC: 1.5

Candle stick analysis of Shopify Inc. as on 03 Wed Jul 2024 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 1.5 HC: 0.7 LC: 0.7 OC: 1.5

Candle stick analysis of Shopify Inc. as on 02 Tue Jul 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: 0.1 LC: 2.7 OC: 1.9

Shopify Inc. is moving towards a high expiry

Candle stick analysis of Shopify Inc. as on 01 Mon Jul 2024 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 4.6 HC: 2.1 LC: 2.5 OC: 0

Shopify Inc. is moving towards a high 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 negative, with total returns of -6.83, which is -9.17% with investment starting at 74.46.
An investment of 100,000 bucks in Shopify Inc. would have become 90830 bucks today.

Shopify Inc. SHOP moves in a range of 3 points on a week to week basis. This means that a total of approx 3 plus points of returns can be expected in a bullish week, and a total of 3 minus points can be expected in a bearish week.
This is about 4.44% of returns per week.

Weekly Candle Stick analysis of Shopify Inc. SHOP

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

Candle stick ratios of Shopify Inc. are:
HL: 2.7 HC: 0.6 LC: 2.1 OC: 2.7

Shopify Inc. is moving towards a high expiry

Candle stick analysis of Shopify Inc. as on 03 Wed Jul 2024 is showing a green candle, which means that the buyers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 6.6 HC: 0.7 LC: 5.8 OC: 1.9

Shopify Inc. is moving towards a high expiry

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

Candle stick ratios of Shopify Inc. are:
HL: 6 HC: 1.7 LC: 4.2 OC: 2.4

Shopify Inc. is moving towards a high expiry

Candle stick analysis of Shopify Inc. as on 21 Fri Jun 2024 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 4.7 HC: 1.7 LC: 3 OC: 0.3

Shopify Inc. is moving towards a high expiry

Shopify Inc. is forming a DOJI candle

Candle stick analysis of Shopify Inc. as on 18 Tue Jun 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: 4.8 LC: 0.4 OC: 0.1

Shopify Inc. is moving towards a low expiry

Shopify Inc. is forming a DOJI candle

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 11.32, which is 20.1% with investment starting at 56.31.
An investment of 100,000 bucks in Shopify Inc. would have become 120100 bucks today.

Shopify Inc. SHOP moves in a range of 7.5 points on a month to month basis. This means that a total of approx 7.5 plus points of returns can be expected in a bullish month, and a total of 7.5 minus points can be expected in a bearish month.
This is about 11.09% of returns per month.

Monthly Candle Stick analysis of Shopify Inc. SHOP

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

Candle stick ratios of Shopify Inc. are:
HL: 7.9 HC: 0.6 LC: 7.3 OC: 3.2

Shopify Inc. is moving towards a high expiry

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

Candle stick ratios of Shopify Inc. are:
HL: 16.8 HC: 3.3 LC: 13.1 OC: 14.8

Shopify Inc. is moving towards a high expiry

Candle stick analysis of Shopify Inc. as on 31 Fri May 2024 is showing a red candle, which means that the sellers are dominating this session.

Candle stick ratios of Shopify Inc. are:
HL: 38.2 HC: 31.6 LC: 5 OC: 5.5

Shopify Inc. is moving towards a low expiry

Candle stick analysis of Shopify Inc. as on 26 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: 16.6 HC: 11.2 LC: 4.9 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 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

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