Trading Signals: SHOP Stock Price Prediction and Forecast

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Thu. Jun. 23, 2016

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

(Shopify Inc. )
SHOP latest price $31.2000 (4.66%) ($29.7500 - $31.5100) on Thu. Jun. 23, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.27% (three month average)
RSI   59
Latest Price   $31.2000(4.66%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SHOP advances 1.9% a day on average for past five trading days.
Weekly Trend   SHOP advances 0.5% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally 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 -1.135% in a week (0% probabilities).
VIXM(-10%)    UUP(-8%)    SHY(-5%)    TLT(-3%)    IPO(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.135% (StdDev 2.27%)
Hourly BBV 0 ()
Intraday Trend 3.8%

5 Day Moving Average   $29.92(4.28%)
10 Day Moving Average   $29.25(6.67%)
20 Day Moving Average   $29.38(6.19%)
To recent high   -2.7%
To recent low   20.1%
Market Cap   $3.747b

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 3.1% (three month std-dev: 2.27%) daily (68% of days).

Sample size 50 Average positive next day return: 1.7%(40%) Average negative next day return: -1.12%(60%) Sample size 50 Average positive next three day return: 3.05%(52%) Average negative next three day return: -1.96%(48%) Sample size 50 Average positive next weekly return: 3.35%(54%) Average negative next weekly return: -1.62%(46%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20160723

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	Jun_23_2016	27.17	29.38	29.25	29.92	29.93	30.22	31.2(4.66%)	UT	OpenLong	75	1.4	32	70	33	27	0.97	58%	0.3	83.2	2.27%	0	2	59	INF
2	Jun_22_2016	27.09	29.23	29.04	29.35	29.44	29.79	29.81(-0.2%)	N/A	N/A	0	0.5	8	90	15	-12	0.38	54%	0.3	81.9	2.28%	0	0.7	49	INF
3	Jun_21_2016	27.01	29.1	29.05	29.12	29.08	29.63	29.87(0.34%)	N/A	N/A	0	0.8	7	130	19	-30	0.62	54%	0.22	67.5	2.3%	0	0.8	41	INF
4	Jun_20_2016	26.95	28.95	29.05	28.96	28.87	29.1	29.77(2.87%)	N/A	N/A	0	0.8	13	50	27	-31	0.95	54%	0.26	60.1	2.31%	0	0.8	53	INF
5	Jun_17_2016	26.88	28.78	29.03	28.6	28.61	28.53	28.94(2.01%)	DP	OpenShort	-65	0.3	-10	-20	3	-47	0.34	56%	0.22	43.9	2.36%	0	0.1	54	INF

6	Jun_16_2016	26.82	28.64	29.09	28.47	28.45	28.65	28.37(-1.01%)	DT	OpenShort	-75	-0.1	-17	50	-8	-45	0.29	56%	0.26	33.5	2.35%	0	-0.2	56	INF
7	Jun_15_2016	26.75	28.55	29.24	28.68	28.53	28.69	28.66(-1.34%)	DT	OpenShort	-75	-0	-7	20	-2	-20	0.38	56%	0.22	36.3	2.39%	0	0.1	55	INF
8	Jun_14_2016	26.69	28.47	29.47	28.96	28.72	28.26	29.05(3.79%)	N/A	N/A	0	0.1	-4	-140	-12	20	0.41	56%	0.23	42.1	2.41%	0	0.4	62	INF
9	Jun_13_2016	26.63	28.33	29.51	29.13	29.12	28.37	27.99(-1.03%)	N/A	N/A	0	-0.7	-16	-180	-34	40	0.33	53%	0.19	42.6	2.37%	0	-0.2	60	INF
10	Jun_10_2016	26.58	28.26	29.59	29.53	29.57	29.18	28.28(-3.84%)	UD	OpenLong	65	-0.8	2	-90	-25	83	0.64	57%	0.19	44.7	2.45%	0	0	65	INF

11	Jun_9_2016	26.53	28.2	29.57	29.79	29.86	29.88	29.41(-2.26%)	UD	OpenLong	65	-0.2	28	10	-4	123	0.5	61%	0.34	44.8	2.42%	0	0.7	73	INF
12	Jun_8_2016	26.44	28.04	29.47	29.87	29.87	29.96	30.09(0.77%)	UT	HoldLong	50	0.1	34	20	-4	146	0.68	61%	0.38	36.8	2.43%	0	1.3	73	INF
13	Jun_7_2016	26.34	27.87	29.18	30.07	29.91	29.84	29.86(-0.47%)	UD	OpenLong	75	-0.1	43	-30	2	164	1.02	61%	0.15	29.8	2.46%	0	1.3	68	INF
14	Jun_6_2016	26.3	27.69	28.89	29.96	30.09	29.78	30(1.42%)	UT	OpenLong	75	0	47	-60	6	170	0.99	61%	0.38	14.2	2.48%	0	1.5	72	INF
15	Jun_3_2016	26.2	27.56	28.51	29.67	29.9	29.98	29.58(-0.87%)	UD	OpenLong	75	-0.1	44	40	6	157	0.5	61%	0.38	-3.3	2.51%	0	1.4	69	INF

16	Jun_2_2016	26.1	27.49	28.16	29.31	29.49	30.4	29.84(-3.96%)	UD	OpenLong	75	0.4	56	230	27	143	1.28	66%	0.31	-21.1	2.51%	0	1.7	65	INF
17	Jun_1_2016	26.02	27.45	27.81	28.98	28.95	29.82	31.07(6.08%)	UT	OpenLong	75	1.5	75	210	54	137	2.72	71%	0.31	-35.6	2.6%	0	2.7	75	INF
18	May_31_2016	25.94	27.4	27.35	28.18	28.22	28.58	29.29(2.52%)	UT	OpenLong	75	0.8	49	90	32	101	0.85	67%	0.23	-56.1	2.38%	0	1.4	66	INF
19	May_27_2016	25.88	27.47	27.02	27.68	27.68	28.09	28.57(2.92%)	UT	OpenLong	75	0.5	35	100	24	67	0.4	65%	0.15	-49.3	2.5%	0	0.6	64	INF
20	May_26_2016	25.84	27.61	26.78	27.19	27.29	27.85	27.76(-1.56%)	UD	OpenLong	75	0.3	29	150	28	33	0.36	63%	0.12	-51.3	2.5%	0	0.1	49	INF

21	May_25_2016	25.81	27.79	26.69	26.83	26.81	27.27	28.2(4.21%)	UT	OpenLong	75	0.6	21	120	27	2	0.92	63%	0.12	-51.6	2.49%	0	0.2	45	INF
22	May_24_2016	25.78	27.95	26.48	26.46	26.4	26.73	27.06(0.89%)	DP	OpenShort	-65	0.3	-5	80	10	-51	0.84	63%	0.04	-53.1	2.46%	0	-0.4	32	INF
23	May_23_2016	25.77	28.15	26.43	26.41	26.34	26.36	26.82(2.76%)	DP	OpenShort	-65	0.2	-14	-0	10	-85	0.71	57%	0.04	-53.6	2.52%	0	-0.6	26	INF
24	May_20_2016	25.76	28.36	26.39	26.27	26.32	26.07	26.1(0.5%)	DP	OpenShort	-75	-0.1	-38	-60	-7	-131	0.37	54%	0.04	-54.4	2.62%	0	-0.9	19	INF
25	May_19_2016	25.75	28.65	26.54	26.31	26.36	26.33	25.97(-1.4%)	DT	HoldShort	-65	-0.1	-48	-0	-11	-160	0.76	54%		-53.2	2.64%	0	-1.1	17	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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