SHOPIFY - 1H - Technical analysis published on 09/27/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
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 rating is 1,435.80 USD. The price is lower by -0.57% since the last closing with the lowest point at 1,414.26 USD and the highest point at 1,443.99 USD. The deviation from the price is +1.52% for the low point and -0.57% for the high point.A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by SHOPIFY:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of SHOPIFY indicates that the overall trend is strongly bearish. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of channel
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1,288.80 | 1,402.00 | 1,432.61 | 1,435.80 | 1,466.23 | 1,485.65 | 1,511.37 |
Change (%) | -10.24% | -2.35% | -0.22% | - | +2.12% | +3.47% | +5.26% |
Change | -147.00 | -33.80 | -3.19 | - | +30.43 | +49.85 | +75.57 |
Level | Minor | Minor | Intermediate | - | Major | Major | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,374.73 | 1,401.37 | 1,422.68 | 1,449.32 | 1,470.63 | 1,497.27 | 1,518.58 |
Camarilla | 1,430.81 | 1,435.21 | 1,439.61 | 1,444.00 | 1,448.40 | 1,452.79 | 1,457.19 |
Woodie | 1,372.08 | 1,400.04 | 1,420.03 | 1,447.99 | 1,467.98 | 1,495.94 | 1,515.93 |
Fibonacci | 1,401.37 | 1,419.68 | 1,431.00 | 1,449.32 | 1,467.63 | 1,478.95 | 1,497.27 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,317.92 | 1,359.52 | 1,401.76 | 1,443.36 | 1,485.60 | 1,527.20 | 1,569.44 |
Camarilla | 1,420.94 | 1,428.63 | 1,436.32 | 1,444.00 | 1,451.69 | 1,459.37 | 1,467.06 |
Woodie | 1,318.24 | 1,359.68 | 1,402.08 | 1,443.52 | 1,485.92 | 1,527.36 | 1,569.76 |
Fibonacci | 1,359.52 | 1,391.55 | 1,411.33 | 1,443.36 | 1,475.39 | 1,495.17 | 1,527.20 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,301.19 | 1,369.35 | 1,447.06 | 1,515.22 | 1,592.93 | 1,661.09 | 1,738.80 |
Camarilla | 1,484.67 | 1,498.04 | 1,511.41 | 1,524.78 | 1,538.15 | 1,551.52 | 1,564.89 |
Woodie | 1,305.98 | 1,371.74 | 1,451.85 | 1,517.61 | 1,597.72 | 1,663.48 | 1,743.59 |
Fibonacci | 1,369.35 | 1,425.07 | 1,459.49 | 1,515.22 | 1,570.94 | 1,605.36 | 1,661.09 |
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): | 45.16 | |
MACD (12,26,9): | -5.9700 | |
Directional Movement: | -7.99 | |
AROON (14): | -92.86 | |
DEMA (21): | 1,440.89 | |
Parabolic SAR (0,02-0,02-0,2): | 1,454.34 | |
Elder Ray (13): | -6.99 | |
Super Trend (3,10): | 1,472.09 | |
Zig ZAG (10): | 1,435.56 | |
VORTEX (21): | 0.8900 | |
Stochastique (14,3,5): | 27.01 | |
TEMA (21): | 1,435.87 | |
Williams %R (14): | -62.82 | |
Chande Momentum Oscillator (20): | -41.64 | |
Repulse (5,40,3): | 0.6100 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.0200 | |
Courbe Coppock: | 4.49 |
MA7: | 1,454.33 | |
MA20: | 1,488.57 | |
MA50: | 1,510.44 | |
MA100: | 1,413.21 | |
MAexp7: | 1,437.61 | |
MAexp20: | 1,445.86 | |
MAexp50: | 1,453.94 | |
MAexp100: | 1,468.43 | |
Price / MA7: | -1.27% | |
Price / MA20: | -3.55% | |
Price / MA50: | -4.94% | |
Price / MA100: | +1.60% | |
Price / MAexp7: | -0.13% | |
Price / MAexp20: | -0.70% | |
Price / MAexp50: | -1.25% | |
Price / MAexp100: | -2.22% |
News
The latest news and videos published on SHOPIFY at the time of the analysis were as follows:
- CORRECTION: Google and Shopify Team Up to Help 1.7 Million SMBs Reach More Consumers
- Google and Shopify Team Up to Help 1.7 Million SMBs Reach More Consumers
- Yotpo and Shopify Enter Multi-Year Platform Partnership
- PlantX Announces Launch of Its Redesigned Canadian Website on Shopify Platform
- Thinking about trading options or stock in BigCommerce, Apple, JinkoSolar, Tesla, or Shopify?
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