Open: | 106.45 |
Change: | +1.58 |
Volume: | 5,783,760 |
Low: | 106.16 |
High: | 109.39 |
High / Low range: | 3.23 |
Type: | Stocks |
Ticker: | SHOP |
ISIN: | CA82509L1076 |
SHOPIFY - 1H - Technical analysis published on 10/08/2021 (GMT)
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- 10/08/2021 - 15:47
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- Timeframe : 1H
- - Analysis generated on 10/08/2021 - 15:45
- Status : INVALID
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Additional analysis
Quotes
The SHOPIFY price is 1,404.43 USD. The price registered an increase of +0.42% on the session and was between 1,404.43 USD and 1,429.00 USD. This implies that the price is at 0% from its lowest and at -1.72% from its highest.The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
A technical analysis in 1H of this SHOPIFY chart shows a bullish trend. 67.86% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1,168.19 | 1,284.89 | 1,356.00 | 1,404.43 | 1,432.61 | 1,474.00 | 1,520.21 |
Change (%) | -16.82% | -8.51% | -3.45% | - | +2.01% | +4.95% | +8.24% |
Change | -236.24 | -119.54 | -48.43 | - | +28.18 | +69.57 | +115.78 |
Level | Minor | Major | Intermediate | - | Intermediate | Major | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,332.34 | 1,348.75 | 1,373.63 | 1,390.04 | 1,414.92 | 1,431.33 | 1,456.21 |
Camarilla | 1,387.15 | 1,390.93 | 1,394.72 | 1,398.50 | 1,402.29 | 1,406.07 | 1,409.86 |
Woodie | 1,336.57 | 1,350.87 | 1,377.86 | 1,392.16 | 1,419.15 | 1,433.45 | 1,460.44 |
Fibonacci | 1,348.75 | 1,364.53 | 1,374.27 | 1,390.04 | 1,405.82 | 1,415.56 | 1,431.33 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,196.99 | 1,268.12 | 1,309.44 | 1,380.57 | 1,421.89 | 1,493.02 | 1,534.34 |
Camarilla | 1,319.84 | 1,330.14 | 1,340.45 | 1,350.76 | 1,361.07 | 1,371.38 | 1,381.68 |
Woodie | 1,182.09 | 1,260.67 | 1,294.54 | 1,373.12 | 1,406.99 | 1,485.57 | 1,519.44 |
Fibonacci | 1,268.12 | 1,311.08 | 1,337.61 | 1,380.57 | 1,423.53 | 1,450.06 | 1,493.02 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,021.75 | 1,181.45 | 1,268.61 | 1,428.31 | 1,515.47 | 1,675.17 | 1,762.33 |
Camarilla | 1,287.89 | 1,310.52 | 1,333.15 | 1,355.78 | 1,378.41 | 1,401.04 | 1,423.67 |
Woodie | 985.49 | 1,163.32 | 1,232.35 | 1,410.18 | 1,479.21 | 1,657.04 | 1,726.07 |
Fibonacci | 1,181.45 | 1,275.75 | 1,334.01 | 1,428.31 | 1,522.61 | 1,580.87 | 1,675.17 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
RSI (14): | 67.69 | |
MACD (12,26,9): | 17.6700 | |
Directional Movement: | 21.63 | |
AROON (14): | 100.00 | |
DEMA (21): | 1,393.76 | |
Parabolic SAR (0,02-0,02-0,2): | 1,359.31 | |
Elder Ray (13): | 21.13 | |
Super Trend (3,10): | 1,367.76 | |
Zig ZAG (10): | 1,408.72 | |
VORTEX (21): | 1.1200 | |
Stochastique (14,3,5): | 83.79 | |
TEMA (21): | 1,416.23 | |
Williams %R (14): | -22.20 | |
Chande Momentum Oscillator (20): | 61.13 | |
Repulse (5,40,3): | -0.7500 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.1400 | |
Courbe Coppock: | 9.65 |
MA7: | 1,356.83 | |
MA20: | 1,414.07 | |
MA50: | 1,474.82 | |
MA100: | 1,437.08 | |
MAexp7: | 1,401.74 | |
MAexp20: | 1,374.81 | |
MAexp50: | 1,368.83 | |
MAexp100: | 1,390.46 | |
Price / MA7: | +3.51% | |
Price / MA20: | -0.68% | |
Price / MA50: | -4.77% | |
Price / MA100: | -2.27% | |
Price / MAexp7: | +0.19% | |
Price / MAexp20: | +2.15% | |
Price / MAexp50: | +2.60% | |
Price / MAexp100: | +1.00% |
News
The last news published on SHOPIFY at the time of the generation of this analysis was as follows:
- 09/30/2021 - 21:35 Wondr Gaming launching first comprehensive Loyalty & Rewards platform in the Gaming/NFT space, WondrRewards.com on October 12, utilizing Shopify Plus
- 09/10/2021 - 18:45 CORRECTION: Google and Shopify Team Up to Help 1.7 Million SMBs Reach More Consumers
- 09/09/2021 - 13:34 Google and Shopify Team Up to Help 1.7 Million SMBs Reach More Consumers
- 09/09/2021 - 12:00 Yotpo and Shopify Enter Multi-Year Platform Partnership
- 09/01/2021 - 12:30 PlantX Announces Launch of Its Redesigned Canadian Website on Shopify Platform
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