Buying ShopifyI'm looking to start building a position in Shopify again. Last chart i did on this played out very well. My two green horizontals are based off monthly support levels. Low 80s to mid 60s are great areas to add. I become very interested below $70, maybe earning provides the fuel to get there.
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31.40 MXN
40.07 B MXN
176.25 B MXN
1.21 B
About Shopify Inc.
Sector
Industry
CEO
Tobias Albin Lütke
Website
Headquarters
Ottawa
Founded
2004
FIGI
BBG00K1ZNLP7
Shopify, Inc. engages in the cloud-based commerce platform designed for small and medium-sized businesses. Its software is used by merchants to run business across all sales channels, including web, tablet and mobile storefronts, social media storefronts, and brick-and-mortar, and pop-up shops. The firm's platform provides merchants with a single view of business and customers and enables them to manage products and inventory, process orders and payments, build customer relationships and leverage analytics and reporting. It focuses on merchant and subscription solutions. The company was founded on September 28, 2004 and is headquartered in Ottawa, Canada.
Shopify: Crazy Chart, Big LevelHave you ever seen a level as outstanding as this one? Yes, but this one's great too.
But will we ever get there though? Maybe with some tariffs action we do.
Outstanding level = strong level
We do have breakdown PA at the top (SFP) but the lack of structure in the downmove (2022) makes this less
ABC Correction?I can count a 5 wave impulse (subjective) and could see a potential ABC correction down to the $16 - $23 level. As someone who makes plenty of purchases from small retailers on the SHOP infrastructure, I'm ultimately long on this stock. I hope this stock doesn't see a year or more of sliding price a
Shopify - Reasons to add to my portfolio Nothing better than a bear market if you wanna make life changing profit.
I have been following Shopify since May 2021. Clarified where I will begin to buy.
40CAD and 23CAD were 2 of them.
Went long at 40 and will add at 23 if it keeps dropping.
40 was 2019 support
23 is 2018 resistance
My target
Way oversold, not too late to enter! TSX:SHOP is looking excellent for further upside. As inflation continues to drop, expectations for rising rates will also continue to drop. This is bullish for high growth stocks like SHOP. We are now above a key level (200 Day SMA), which often is the beginning of a technical bull market. Although
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Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of SHOP/N is 1,655.00 MXN — it has decreased by −0.48% in the past 24 hours. Watch SHOPIFY INC stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BMV exchange SHOPIFY INC stocks are traded under the ticker SHOP/N.
SHOP/N stock has risen by 3.05% compared to the previous week, the month change is a −12.99% fall, over the last year SHOPIFY INC has showed a 42.64% increase.
We've gathered analysts' opinions on SHOPIFY INC future price: according to them, SHOP/N price has a max estimate of 3,295.62 MXN and a min estimate of 1,601.13 MXN. Watch SHOP/N chart and read a more detailed SHOPIFY INC stock forecast: see what analysts think of SHOPIFY INC and suggest that you do with its stocks.
SHOP/N reached its all-time high on Nov 19, 2021 with the price of 3,631.90 MXN, and its all-time low was 215.00 MXN and was reached on Apr 13, 2018. View more price dynamics on SHOP/N chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
SHOP/N stock is 3.98% volatile and has beta coefficient of 2.29. Track SHOPIFY INC stock price on the chart and check out the list of the most volatile stocks — is SHOPIFY INC there?
Today SHOPIFY INC has the market capitalization of 2.17 T, it has decreased by −8.90% over the last week.
Yes, you can track SHOPIFY INC financials in yearly and quarterly reports right on TradingView.
SHOPIFY INC is going to release the next earnings report on May 7, 2025. Keep track of upcoming events with our Earnings Calendar.
SHOP/N earnings for the last quarter are 9.12 MXN per share, whereas the estimation was 9.01 MXN resulting in a 1.29% surprise. The estimated earnings for the next quarter are 5.35 MXN per share. See more details about SHOPIFY INC earnings.
SHOPIFY INC revenue for the last quarter amounts to 58.31 B MXN, despite the estimated figure of 56.37 B MXN. In the next quarter, revenue is expected to reach 47.05 B MXN.
SHOP/N net income for the last quarter is 26.20 B MXN, while the quarter before that showed 16.45 B MXN of net income which accounts for 59.30% change. Track more SHOPIFY INC financial stats to get the full picture.
No, SHOP/N doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Apr 17, 2025, the company has 8.1 K employees. See our rating of the largest employees — is SHOPIFY INC on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. SHOPIFY INC EBITDA is 26.86 B MXN, and current EBITDA margin is 15.78%. See more stats in SHOPIFY INC financial statements.
Like other stocks, SHOP/N shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade SHOPIFY INC stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So SHOPIFY INC technincal analysis shows the strong sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating SHOPIFY INC stock shows the buy signal. See more of SHOPIFY INC technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.