SHOPIFY - Daily - Technical analysis published on 01/06/2022 (GMT)
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- Timeframe : Daily
- - 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 price is 1,184.52 USD. The price is lower by -0.46% since the last closing and was traded between 1,138.58 USD and 1,197.76 USD over the period. The price is currently at +4.03% from its lowest and -1.11% from its highest.A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this SHOPIFY chart shows a sharp bearish trend. 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.
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : Daily
Support of channel is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 875.76 | 1,046.90 | 1,096.64 | 1,184.52 | 1,199.00 | 1,314.90 | 1,474.00 |
Change (%) | -26.07% | -11.62% | -7.42% | - | +1.22% | +11.01% | +24.44% |
Change | -308.76 | -137.62 | -87.88 | - | +14.48 | +130.38 | +289.48 |
Level | Intermediate | Major | Minor | - | Intermediate | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,111.20 | 1,142.48 | 1,166.24 | 1,197.52 | 1,221.28 | 1,252.56 | 1,276.32 |
Camarilla | 1,174.87 | 1,179.92 | 1,184.97 | 1,190.01 | 1,195.06 | 1,200.10 | 1,205.15 |
Woodie | 1,107.45 | 1,140.60 | 1,162.49 | 1,195.64 | 1,217.53 | 1,250.68 | 1,272.57 |
Fibonacci | 1,142.48 | 1,163.50 | 1,176.49 | 1,197.52 | 1,218.54 | 1,231.53 | 1,252.56 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,227.88 | 1,289.62 | 1,333.51 | 1,395.25 | 1,439.14 | 1,500.88 | 1,544.77 |
Camarilla | 1,348.34 | 1,358.03 | 1,367.71 | 1,377.39 | 1,387.07 | 1,396.76 | 1,406.44 |
Woodie | 1,218.95 | 1,285.16 | 1,324.58 | 1,390.79 | 1,430.21 | 1,496.42 | 1,535.84 |
Fibonacci | 1,289.62 | 1,329.97 | 1,354.90 | 1,395.25 | 1,435.60 | 1,460.53 | 1,500.88 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 960.74 | 1,116.32 | 1,246.85 | 1,402.43 | 1,532.96 | 1,688.54 | 1,819.07 |
Camarilla | 1,298.71 | 1,324.94 | 1,351.16 | 1,377.39 | 1,403.62 | 1,429.84 | 1,456.07 |
Woodie | 948.23 | 1,110.06 | 1,234.34 | 1,396.17 | 1,520.45 | 1,682.28 | 1,806.56 |
Fibonacci | 1,116.32 | 1,225.61 | 1,293.13 | 1,402.43 | 1,511.72 | 1,579.24 | 1,688.54 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
RSI (14): | 30.54 | |
MACD (12,26,9): | -60.4600 | |
Directional Movement: | -20.52 | |
AROON (14): | -57.14 | |
DEMA (21): | 1,280.31 | |
Parabolic SAR (0,02-0,02-0,2): | 1,440.95 | |
Elder Ray (13): | -151.74 | |
Super Trend (3,10): | 1,376.99 | |
Zig ZAG (10): | 1,192.60 | |
VORTEX (21): | 0.7600 | |
Stochastique (14,3,5): | 9.47 | |
TEMA (21): | 1,243.69 | |
Williams %R (14): | -82.34 | |
Chande Momentum Oscillator (20): | -84.41 | |
Repulse (5,40,3): | -4.5300 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -0.4500 | |
Courbe Coppock: | 12.64 |
MA7: | 1,305.08 | |
MA20: | 1,355.55 | |
MA50: | 1,465.51 | |
MA100: | 1,458.38 | |
MAexp7: | 1,275.15 | |
MAexp20: | 1,352.67 | |
MAexp50: | 1,417.49 | |
MAexp100: | 1,431.36 | |
Price / MA7: | -9.24% | |
Price / MA20: | -12.62% | |
Price / MA50: | -19.17% | |
Price / MA100: | -18.78% | |
Price / MAexp7: | -7.11% | |
Price / MAexp20: | -12.43% | |
Price / MAexp50: | -16.44% | |
Price / MAexp100: | -17.25% |
News
Don't forget to follow the news on SHOPIFY. At the time of publication of this analysis, the latest news was as follows:
- Rebuy Joins Shopify Plus Certified App Program With Unequaled Classification and Smart Cart Solution
- Wondr Gaming to host its first NFT auction November 15th, utilizing Shopify Plus
- Avalara and Shopify Help Solve Duty and Import Tax for Merchants
- Wondr Gaming launching first comprehensive Loyalty & Rewards platform in the Gaming/NFT space, WondrRewards.com on October 12, utilizing Shopify Plus
- CORRECTION: Google and Shopify Team Up to Help 1.7 Million SMBs Reach More Consumers
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