WhaleQuant.io

Shopify Inc. (SHOP) Stock Profile & Financial OverviewShopify Inc.

Listed on NASDAQ • Technology / Software - Application
SHOP logo

SHOP Company Overview & Business Description

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing. It also sells custom themes and apps, and registration of domain names; and merchant solutions, which include accepting payments, shipping and fulfillment, and securing working capital. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.

Key Information

Symbol: SHOP
CEO: Tobias Lütke
Exchange: NASDAQ
CIK: 0001594805
SEC Filings: View SEC →

Current Trend for SHOP

An assessment of the current trend environment for SHOP, based on the latest closing price data and intended to describe the market context heading into the next trading session.

As of 2025-12-24, the current trend for SHOP is a Sideways Consolidation (Range-Bound Environment).

The weekly trend is in a consolidation regime, which automatically downgrades the daily signal to sideways conditions. This environment favors short-term mean-reversion rather than trend-following.

  • The weekly context is non-trending (sideways), which typically caps the duration and magnitude of daily trend moves.
  • Price is currently trending at a healthy distance, sitting 1.38 ATR away from the adaptive KAMA baseline.
  • The current market structure is holding within recent defined ranges.

Explore More Data

Adaptive Trend Model · Daily & Weekly (2025-12-24 ET)

This model uses an adaptive trend algorithm based on daily and weekly price data to identify whether a stock is in an uptrend, downtrend, or consolidation over a multi-week to multi-month horizon. Compared with traditional moving-average systems, it filters short-term noise more effectively, captures trend continuation more reliably, and provides a stronger basis for position sizing and risk-management decisions such as stop-loss and take-profit levels.

As of 2025-12-24, SHOP in a non-directional consolidation; Long-term trend is bullish.

Trend Strength: SHOP last closed at 169.45, trading 1.6 ATR above the adaptive KAMA baseline (159.41). Technical Classification: Non-Directional / Range-Bound.

Trend Score: Technical Score: 35/100. Classification: Sideways. Alignment: Indeterminate. Logic: Price action is range-bound or lacking sufficient slope for trend confirmation.

SuperTrend Risk: Risk indicators: No active structural constraints identified.

Risk Skew: Multi-timeframe risk skew is currently assessed as Non-Directional. Price is oscillating within a low-momentum range. Risk is two-sided, favoring mean-reversion strategies over trend-following.

Key Levels: Key technical references: Spot 169.45, KAMA 159.41.

SHOP Real-Time Stock Price & Market Data (Updated: Dec 23 12:52 PM EST)

Price
168.33
Change
-1.34
Change %
-0.79%
Open
168.52
Previous Close
169.67
High
169.63
Low
166.91
Volume
1,250,502
Market Cap
219,139,227,648
EV/EBITDA
130.72

SHOP Shares Outstanding, Float, Short Interest & Ownership (Updated: Dec 23 12:52 PM EST)

Shares Outstanding
1,222,600,912
FloatShares
1,218,837,392
Float Ratio
99.69%
Shares Short
17,404,782
Short Percent Of Float
The percent of float shares currently sold short. Reflects market sentiment and risk of a short squeeze.
1.43%
Short Ratio
Days needed to cover all short positions. Indicates short-selling pressure.
1.75 trading days
Held Percent Insiders
0.19%
Held Percent Institutions
74.28%