Trading Signals: SHOP Stock Price Prediction and Forecast

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Thu. Feb. 4, 2016

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

(Shopify Inc. )
SHOP latest price $23.4800 (2.09%) ($22.8100 - $23.7900) on Thu. Feb. 4, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.3% (three month average)
RSI   68
Latest Price   $23.4800(2.09%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SHOP advances 0.9% a day on average for past five trading days.
Weekly Trend   SHOP advances 5.1% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support SHOP advance at 0% a week (0% probability)
SKYY(60%)    ARKK(55%)    IWF(55%)    QQQ(55%)    IVW(52%)
Factors Impacting SHOP price   SHOP will decline at least -1.65% in a week (0% probabilities).
VIXM(-11%)    UUP(-8%)    SHY(-5%)    TLT(-4%)    IPO(-0%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.65% (StdDev 3.3%)
Hourly BBV 0 ()
Intraday Trend 2.7%

5 Day Moving Average   $23.17(1.34%)
10 Day Moving Average   $22.97(2.22%)
20 Day Moving Average   $22.62(3.8%)
To recent high   -26%
To recent low   18%
Market Cap   $2.82b

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 6.1% (three month std-dev: 3.3%) daily (68% of days).

Sample size 2 Average positive next day return: 1.16%(50%) Average negative next day return: -8.96%(50%) Sample size 2 Average positive next three day return: 0.24%(50%) Average negative next three day return: -3.13%(50%) Sample size 2 Average positive next weekly return: 7.81%(50%) Average negative next weekly return: -7.46%(50%)

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	Feb_4_2016	26.08	22.62	22.97	23.17	23.03	22.95	23.48(2.09%)	UT	OpenLong	75	0.2	31	-40	9	97	0.36	31%	-0.15	-37.5	3.3%	0	0.6	68	INF
2	Feb_3_2016	26.12	22.69	22.9	22.97	22.94	22.78	23(1.68%)	UT	OpenLong	75	0	25	-50	1	98	0.56	31%	-0.15	-38.4	3.29%	0	0.2	60	INF
3	Feb_2_2016	26.16	22.79	22.67	22.77	22.88	23.12	22.62(-3.87%)	UD	OpenLong	65	-0.1	16	90	-1	65	0.54	30%	-0.23	-38.3	3.29%	0	-0.1	45	INF
4	Feb_1_2016	26.22	22.93	22.46	22.87	22.79	23.09	23.53(1.34%)	UT	OpenLong	75	0.4	20	80	10	48	0.37	31%	-0.15	-33.8	3.29%	0	0.4	48	INF
5	Jan_29_2016	26.26	23.03	22.11	22.79	22.73	22.63	23.22(3.2%)	UT	OpenLong	75	0.2	3	-40	2	5	0.54	33%	-0.15	-32.5	3.3%	0	0.1	42	INF

6	Jan_28_2016	26.3	23.15	21.85	22.76	22.8	22.48	22.5(2.27%)	DP	OpenShort	-75	-0.1	-15	-90	-9	-31	0.32	33%	-0.23	-28.2	3.27%	0	-0.3	40	INF
7	Jan_27_2016	26.36	23.28	21.74	22.82	23.01	22.82	22(-4.72%)	DT	HoldShort	-50	-0.4	-10	-30	5	-53	0.29	33%	-0.26	-24.7	3.26%	0	-0.6	35	INF
8	Jan_26_2016	26.43	23.42	21.89	22.52	22.85	23.13	23.09(-0.17%)	DP	OpenShort	-65	0.3	-2	130	22	-72	0.18	35%	-0.23	-29.6	3.21%	0	-0.2	38	INF
9	Jan_25_2016	26.49	23.52	21.93	21.96	22.08	23.19	23.13(0.26%)	DP	OpenShort	-65	0.6	-2	370	33	-105	0.34	35%	-0.19	-39.4	3.24%	0	-0.2	36	INF
10	Jan_22_2016	26.54	23.61	22.07	21.32	21.51	22.57	23.07(1.23%)	N/A	N/A	0	0.8	2	370	47	-132	0.78	35%	-0.23	-49.6	3.26%	0	-0.3	36	INF

11	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	INF
12	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	INF
13	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	INF
14	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	INF
15	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	INF

16	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	INF
17	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	INF
18	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	INF
19	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	INF
20	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	INF

21	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	INF
22	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	INF
23	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	INF
24	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	INF
25	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%		-35.9	2.84%	0	0.5	58	INF
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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