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Stock Trend Analysis Report
Prepared for you on Friday, May 2, 2025.
Shopify Inc. - Class A Subordinate Voting Shares (NASDAQ: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.
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MarketClub’s Trade Triangles for SHOP
The long-term trend has been DOWN since Apr 3rd, 2025 at 93.9600
The intermediate-term trend has been UP since Apr 28th, 2025 at 98.6400
The short-term trend has been DOWN since Apr 30th, 2025 at 95.3601
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 98.37 | 98.89 | 95.55 | 97.06 | +2.06 |
| Prev. Close | Volume | Bid | Ask | Time |
| 97.01 | 7958161 | 2025-05-01 15:59:59 |
| 52wk High | 129.38 | 52wk High Date | 2025-02-18 |
| 52wk Low | 48.56 | 52wk Low Date | 2024-08-05 |
| Average Volume | 13,947,491 | Shares Outstanding | 1,294,821 |
| P/E Ratio | 61.2903 |