Shopify Inc (SHOP) has gained Thursday morning, with the stock increasing 2.31% in pre-market trading to 41.55. SHOP's short-term technical score of 29 indicates that the stock has traded less bullishly over the last month than 71% of stocks on the market. In the Software - Application industry, which ranks 136 out of 146 industries, the stock ranks higher than 44% of stocks. Shopify Inc has risen 25.65% over the past month, closing at $30.67 on July 14. During this period of time, the stock fell as low as $30.67 and as high as $42.59. SHOP has an average analyst recommendation of Buy. The company has an average price target of $54.77.
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Shopify Inc has a Long-Term Technical rank of 9. This means that trading over the last 200 trading days has placed the company in the lower half of stocks with 91% of the market scoring higher. In the Software - Application industry which is number 119 by this metric, SHOP ranks better than 119% of stocks.
Should You Accumulate Shopify Inc (SHOP) Stock Thursday Morning?
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SHOP has an Overall Score of 26. Find out what this means to you and get the rest of the rankings on SHOP!