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Stock Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Shopify Inc (TSE:SHOP)

Sidelines Mode (+55) - SHOP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SHOP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SHOP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_SHOP
Open High Low SHOP Price Change
124.53 133.39 122.40 130.88 -0.41
Entry Signal

MarketClub’s Trade Triangles for SHOP

long term down The long-term trend has been DOWN since Mar 4th, 2025 at 142.77

intermediate term up The intermediate-term trend has been UP since Apr 28th, 2025 at 136.69

short term down The short-term trend has been DOWN since May 6th, 2025 at 131.68

Smart Scan Analysis for SHOP

Based on our trend formula, SHOP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SHOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
124.53 133.39 122.40 130.88 -0.41
Prev. Close Volume Bid Ask Time
130.88 3856329 2025-05-08 16:15:49
Year High232.65Year High Date2018-06-20
Year Low126.65Year Low Date2018-01-02
52wk High232.6552wk High Date2018-06-20
52wk Low117.1152wk Low Date2017-12-05
Average Volume346,160Volatility76.7
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