Trading Signals: SHOP Stock Price Prediction and Forecast

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Thu. Jan. 21, 2016

Trading Signals: SHOP Stock Price Prediction and Forecast (Mon. Oct. 26, 2015 - Fri. Dec. 22, 2023)

(Shopify Inc. )
SHOP latest price $22.7900 (11.01%) ($20.5600 - $23.4000) on Thu. Jan. 21, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.28% (three month average)
RSI   33
Latest Price   $22.7900(11.01%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SHOP advances 1.4% a day on average for past five trading days.
Weekly Trend   SHOP declines -9.8% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Growth stock sell-off for small cap.
Correlated ETFs   Broad market will support SHOP advance at 0% a week (0% probability)
SKYY(59%)    IWF(55%)    ARKK(54%)    QQQ(54%)    IVW(52%)
Factors Impacting SHOP price   SHOP will decline at least -1.64% in a week (0% probabilities).
VIXM(-12%)    UUP(-8%)    SHY(-5%)    TLT(-4%)    IPO(2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.64% (StdDev 3.28%)
Hourly BBV 0 ()
Intraday Trend 8.9%

1 - 5 Day Possible Target   $5.41(-76.26%)
Resistance Level   $23.69
5 Day Moving Average   $20.83(9.41%)
10 Day Moving Average   $22.19(2.7%)
20 Day Moving Average   $23.69(-3.8%)
To recent high   -29.3%
To recent low   14.6%
Market Cap   $2.737b

Shopify, Inc. operates a cloud-based commerce platform designed for small and medium-sized businesses. Its software is used by merchants to run business across all sales channels, including web, tablet and mobile storefronts, social media storefronts, and brick-and-mortar and pop-up shops. The firm's platform provides merchants with a single view of business and customers and enables them to manage products and inventory, process orders and payments, build customer relationships and leverage analytics and reporting. It focuses on merchant and subscription solutions. The company was founded by Tobias Albin LÃ¼tke, Daniel Weinand and Scott Lake on September 28, 2004 and is headquartered in Ottawa, Canada.

$. SHOP price fluctuates within 8.86% (three month std-dev: 3.28%) daily (68% of days).

Sample size 4 Average positive next day return: 0%(0%) Average negative next day return: -1.49%(100%) Sample size 4 Average positive next three day return: 1.27%(75%) Average negative next three day return: 0%(25%) Sample size 4 Average positive next weekly return: 7.93%(75%) Average negative next weekly return: -12.07%(25%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jan_21_2016	26.6	23.69	22.19	20.83	20.63	20.97	22.79(11.01%)	DP	OpenShort	-65	0.9	-29	90	19	-171	1.1	35%	-0.23	-56.4	3.28%	0	-0.4	33	0
2	Jan_20_2016	26.66	23.77	22.4	20.55	20.36	20.44	20.53(1.13%)	DP	OpenShort	-75	-0	-75	-0	-25	-223	0.5	27%	-0.41	-60.6	2.94%	0	-1.5	22	0
3	Jan_19_2016	26.77	24.02	22.88	21.19	21	20.29	20.3(2.06%)	DP	OpenShort	-75	-0.5	-71	-260	-30	-194	0.88	27%	-0.41	-56.1	2.96%	0	-1.9	24	0
4	Jan_15_2016	26.88	24.35	23.43	21.9	21.78	20.28	19.89(-3.63%)	DT	HoldShort	-65	-1.2	-94	-500	-66	-177	0.92	27%	-0.48	-50.9	2.96%	0	-2.6	18	0
5	Jan_14_2016	27.01	24.68	24.04	22.91	22.94	21.71	20.64(-3.46%)	DT	OpenShort	-75	-1.6	-77	-370	-60	-126	0.81	28%	-0.41	-38.6	2.96%	0	-2.8	25	0

6	Jan_13_2016	27.12	24.93	24.6	23.72	23.98	23.29	21.38(-9.94%)	DT	OpenShort	-75	-2.1	-50	-170	-42	-75	0.51	29%	-0.4	-35.1	2.97%	0	-3.2	31	0
7	Jan_12_2016	27.23	25.12	25.01	24.5	24.58	24.18	23.74(-0.54%)	DT	OpenShort	-75	-1.1	-23	-100	-21	-29	0.37	33%	-0.26	-39.4	2.7%	0	-2	47	0
8	Jan_11_2016	27.3	25.18	25.14	24.82	24.81	24.67	23.87(-4.25%)	DT	OpenShort	-75	-1.5	-19	-40	-20	-17	0.29	33%	-0.22	-46.5	2.73%	0	-2	40	0
9	Jan_8_2016	27.36	25.18	25.3	25.19	25.14	24.99	24.93(1.05%)	DP	OpenShort	-75	-0.5	-4	-50	-5	-2	0.14	35%	-0.18	-49.6	2.7%	0	-0.5	37	0
10	Jan_7_2016	27.41	25.24	25.31	25.36	25.23	24.96	24.67(-2.49%)	DT	OpenShort	-75	-1.2	-14	-90	-16	-8	0.42	35%	-0.22	-55	2.72%	0	-1	38	0

11	Jan_6_2016	27.47	25.33	25.32	25.62	25.43	25.29	25.3(-0.04%)	N/A	N/A	0	-0.6	-4	-60	-6	3	0.26	35%	-0.15	-41.2	2.73%	0	-0.1	50	0
12	Jan_5_2016	27.51	25.4	25.32	25.6	25.62	25.51	25.31(-1.59%)	UD	OpenLong	75	-0.5	3	-30	3	4	0.42	35%	-0.18	-35.2	2.76%	0	-0.1	57	0
13	Jan_4_2016	27.56	25.48	25.24	25.5	25.51	25.57	25.72(-0.31%)	UD	OpenLong	75	0.3	1	20	-0	3	0.6	35%	-0.11	-31.9	2.78%	0	0.3	58	0
14	Dec_31_2015	27.59	25.53	25.3	25.43	25.43	25.73	25.8(-0.69%)	UD	OpenLong	75	0.4	13	80	12	16	0.23	35%	-0.14	-28	2.81%	0	0.3	56	0
15	Dec_30_2015	27.63	25.55	25.33	25.25	25.28	25.44	25.98(3.18%)	UT	OpenLong	75	0.8	16	50	15	20	0.24	35%	-0.14	-35.9	2.84%	0	0.5	58	0

16	Dec_29_2015	27.67	25.56	25.26	24.99	25.08	25.14	25.18(1.37%)	N/A	N/A	0	0.2	4	30	6	-4	0.18	32%	-0.22	-57.1	2.82%	0	-0.4	42	0
17	Dec_28_2015	27.73	25.62	25.26	24.84	24.92	25.12	24.84(-1.97%)	DT	OpenShort	-75	0	-9	70	-1	-31	0.11	32%	-0.22	-70.8	2.84%	0	-0.9	37	0
18	Dec_24_2015	27.79	25.71	25.21	24.94	24.88	25.02	25.34(1.69%)	DP	OpenShort	-75	0.5	-14	30	-3	-45	0.1	32%	-0.22	-81.9	2.87%	0	-0.4	38	0
19	Dec_23_2015	27.85	25.76	25.21	25.17	25.04	24.71	24.92(1.05%)	DP	OpenShort	-75	-0.3	-22	-110	-12	-53	0.14	32%	-0.25	-82.3	2.88%	0	-0.9	38	0
20	Dec_22_2015	27.92	25.86	25.17	25.43	25.43	24.75	24.66(0.86%)	DP	OpenShort	-75	-0.9	-27	-190	-18	-55	0.18	32%	-0.32	-71.8	2.91%	0	-1.3	40	0

21	Dec_21_2015	28.01	26.07	25.34	25.57	25.75	25.36	24.45(-3.4%)	DT	OpenShort	-75	-1.1	-22	-80	-14	-47	0.27	32%	-0.32	-52.1	2.94%	0	-1.5	39	0
22	Dec_18_2015	28.1	26.25	25.58	25.59	25.76	26.12	25.31(-4.6%)	DT	HoldShort	-50	-0.3	-4	120	6	-35	0.35	34%	-0.25	-51.1	2.94%	0	-0.9	43	0
23	Dec_17_2015	28.17	26.45	25.75	25.48	25.46	26.14	26.53(1.22%)	N/A	N/A	0	0.8	11	180	25	-30	0.37	37%	-0.14	-45	2.9%	0	0.1	47	0
24	Dec_16_2015	28.21	26.51	25.76	25.17	25.05	25.4	26.21(3.35%)	N/A	N/A	0	0.8	5	80	21	-43	0.61	37%	-0.21	-51.2	2.93%	0	-0.2	48	0
25	Dec_15_2015	28.27	26.53	25.77	24.89	24.81	24.77	25.36(3.26%)	DP	OpenShort	-75	0.4	-22	-20	-6	-71	0.53	33%		-64.5	2.9%	0	-0.9	36	0
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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