Using Trading Central's Market Buzz and looking into Top Buzzing ranking to find premarket moves, we have identified Shopify as an interesting choice.
TC Market Buzz has identified Buzzing news volume over the last 24 hours, with 84 mentions.
Into Most Discussed Topics widget, we find “Revenue Increase” as the the e-commerce platform unveiled record “Black Friday” sales.
On the sentiment side, the orientation of the news headlines is signaling a bullish sentiment score of 63 (positive)
With an above average confidence index reading to back up the sentiment score.
While subjectivity widget is considered as “Low”.
Regarding technical analysis, from a daily point of view, the stock posts new highs since April 2022. Trading Central Technical Views sees a support at $63.70 with upside targets at $81.30 and $86.30.
Powered by TC Labs, TC Market Buzz helps investors read less and know more, solving today’s infobesity problem. With an interactive and modern design, Buzz shows investors which stocks and topics are “buzzing”, delivering a smarter news experience.
