USA Stock SHOP Historical charts - Shopify Inc.

Historical charts for Stock SHOP - Share Shopify Inc. trades in USA under Technology Deals in Computer Software Prepackaged Software

Moving Averages for

  • 5Day Average: 105.57
  • 12Day Average: 102.67
  • 20Day Average: 93.47
  • 50Day Average: 85.51
  • 100Day Average: 76.45
  • 150Day Average: 72.25

SHOP Indicators & signals

Indicator MACD (12,26,9)

101.65, 94.37, 6.24
Indicator MACD is in positive zone

Indicator ADX (14)

52.94, 41.83, 12.87
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 67
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SHOP are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
22 Fri Nov 2024 106.96 105.33 to 107.50 0.45% 0.42 times
21 Thu Nov 2024 106.48 103.26 to 108.21 2.44% 0.63 times
20 Wed Nov 2024 103.94 102.58 to 105.07 -0.62% 0.45 times
19 Tue Nov 2024 104.59 103.27 to 105.38 -1.22% 0.53 times
18 Mon Nov 2024 105.88 105.76 to 109.11 -2.41% 0.39 times
15 Fri Nov 2024 108.49 105.25 to 108.79 -0.54% 0.63 times
14 Thu Nov 2024 109.08 109.00 to 115.29 -5.22% 0.77 times
13 Wed Nov 2024 115.09 106.18 to 115.62 5.66% 1.21 times
12 Tue Nov 2024 108.92 106.00 to 114.51 21.04% 3.76 times
11 Mon Nov 2024 89.99 88.71 to 92.16 3.29% 1.18 times
08 Fri Nov 2024 87.12 85.25 to 87.26 1.84% 0.44 times
07 Thu Nov 2024 85.55 82.10 to 85.84 4.43% 0.39 times

Technical analysis forecast of SHOP Stock is that its 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 SHOP SHOP at this time. Stock is rising and might rise more.

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

Stock of SHOP (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 keep rising and move higher!

My analysis of SHOP is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 110.3 as stoploss in an intra day sell trade for a target of 96.99. However, stock will show a bullish move above 110.3.

Tomorrow's movement Prediction of SHOP is strongly bullish. It has broken a strong resistance of 105 and is expected to move up further.

Munafa value: 65

 Munafa value: 65

If this Munafa 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 Munafa value is near 50, then the stock might show a sideways movement.

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USA Stock SHOP Historical charts - Share Shopify Inc.

 

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