Why is Shopify Inc. (TSX: SHOP.TO) stock down today?

SHOP.TO on the TSX is down -3.48% at $236.41 today, with price action that suggests selling interest.

What moved Shopify Inc. (TSX: SHOP.TO) stock today?

Today's move in SHOP.TO on the TSX came alongside volume -26.64% below average and a day range of $231.75–$248.28.

How much did Shopify Inc.'s (TSX: SHOP.TO) volume change today?

SHOP.TO's volume on the TSX was 1.56M, -26.64% below its average.

Is Shopify Inc. (TSX: SHOP.TO) breaking a resistance level?

SHOP.TO on the TSX is trading above its 50-day MA ($210.20) and above its 200-day MA ($180.16), which points to short-term and long-term strength.

Why Is Shopify Inc. (TSX: SHOP.TO) Stock Up Today?

Live update on SHOP.TO's movement on the TSX, with key data on price change, volume, technical indicators, sector trends, and analyst sentiment.

SHOP.TO●TSX

TechnologySoftware - Application

$236.41

$8.52(3.48%)

Canadian Market opens in 7h 34m

SHOP.TO is Down -3.48% today

You might want to check out Why is SHOP.TO Down Today?

Shopify Inc. (TSX: SHOP.TO) Update

Volume

1.56M

↓ 27.00%

Open / Previous Close

$244.00 / $244.93

Day Range (Low / High)

$231.75 - $248.28

Shopify Inc. (TSX: SHOP.TO) Summary

Shopify Inc. (TSX: SHOP.TO) is trading down -3.48% at $236.41, reflecting a negative shift in investor sentiment today. The stock opened at $244.00 and has moved between $231.75 and $248.28 so far.

Trading volume is 1561565, which is 27% below its average, and the price action suggests selling interest.

Technically, SHOP.TO on the TSX is trading above its 50-day moving average of $210.20 and above its 200-day moving average of $180.16, indicating short-term and long-term strength.

Meyka's AI assigns SHOP.TO a grade of B (Overall moderate), reflecting its assessment of fundamentals and sentiment. Forecast models project potential returns of +8.26% in 1 month ($255.93), -4.43% in 1 year ($225.93), and +43.13% in 5 years ($338.37).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the TSX.
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SHOP.TO (TSX) Technical Signals

Trading over 50-day moving average ($210.20)

Trading over 200-day moving average ($180.16)

Analyst Recommendations data is not available for SHOP.TOAnalyst Recommendations details for SHOP.TO are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

Price Forecast

1 Month

$255.93

1 Year

$225.93

3 Years

$282.01

5 Years

$338.37

B+

Good74.00

Is this change significant?

5-Day:-6.12%

1-Month:+13.90%

3-Month:+41.75%

What's next?

Next earnings date: 7/30/2025