SHOPIFY INC - CLASS A (SHOP)
CA82509L1076 - Common Stock
We assign a technical rating of 10 out of 10 to SHOP. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, SHOP is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, SHOP did better than 90% of all other stocks.
SHOP is part of the IT Services industry. There are 84 other stocks in this industry. SHOP outperforms 90% of them.
SHOP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SHOP is lagging the market slightly.
SHOP has an average volume of 7432480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month SHOP has a been trading in the 77.12 - 115.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although SHOP has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
57.06
104.98
We found 4 important support areas.
- A support zone ranging from 103.93 to 103.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 84.07 to 85.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @78.14 from a horizontal line in the daily time frame.
- Support @57.64 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.85
Mansfield2.45
10 Day High115.62
10 Day Low82.1
20 Day High115.62
20 Day Low77.12
52 Week High115.62
52 Week Low48.56
Performance
1 Week-9.69%
2 Weeks26.88%
1 Month30.48%
3 Month36.51%
6 Month82.45%
12 Month47.75%
2 Year154.26%
3 Year-31.7%
5 Year208.66%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)1.67
RSI(14)67.47
LBB69.46
UBB121.62
SHOPIFY INC - CLASS A
NYSE:SHOP (11/20/2024, 8:04:00 PM)
Premarket: 103.5 -0.44 (-0.42%)103.94
-0.65 (-0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.62%
1 Week-9.69%
2 Weeks26.88%
1 Month30.48%
3 Month36.51%
6 Month82.45%
12 Month47.75%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.08
ATR(20)%3.95%
ATR Inc
Range Today2.49
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High115.62
10 Day Low82.1
20 Day High115.62
20 Day Low77.12
52 Week High115.62
52 Week Low48.56
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume7.63M
Volume Incr2.12%
Vol(5)9.45M
Vol(50)7.43M