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

SHOP.TO on the TSX is down -0.37% at $179.34 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 +166.55% above average and a day range of $177.66–$181.24.

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

SHOP.TO's volume on the TSX was 5.51M, +166.55% above its average.

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

SHOP.TO on the TSX is trading below its 50-day MA ($189.81) and below its 200-day MA ($180.36), which points to short-term and long-term weakness.

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

$179.34

$0.67(0.37%)

Canadian Market opens in 1h 1m

SHOP.TO is Down -0.37% today

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

Shopify Inc. (TSX: SHOP.TO) Update

Volume (Unusual)

5.51M

↑ 167.00%

Open / Previous Close

$181.23 / $180.01

Day Range (Low / High)

$177.66 - $181.24

Shopify Inc. (TSX: SHOP.TO) Summary

Shopify Inc. (TSX: SHOP.TO) is trading down -0.37% at $179.34, reflecting a negative shift in investor sentiment today. The stock opened at $181.23 and has moved between $177.66 and $181.24 so far.

Trading volume is 5513311, which is 167% above its average, and the price action suggests selling interest.

Technically, SHOP.TO on the TSX is trading below its 50-day moving average of $189.81 and below its 200-day moving average of $180.36, indicating short-term and long-term weakness.

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 +8.64% in 1 month ($194.84), +30.36% in 1 year ($233.79), and +111.32% in 5 years ($378.97).

See full chart, check forecasting details, or see the AI grade breakdown to explore what's driving this stock's movement on the TSX.
Stay informed and make better investment decisions.

SHOP.TO (TSX) Technical Signals

Trading below 50-day moving average ($189.81)

Trading below 200-day moving average ($180.36)

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

$194.84

1 Year

$233.79

3 Years

$306.30

5 Years

$378.97

B+

Good74.00

Is this change significant?

5-Day:-0.45%

1-Month:-12.06%

3-Month:+16.65%

What's next?

Next earnings date: 7/30/2025