Trading Signals: SHOP Stock Price Prediction and Forecast

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Mon. Sep. 12, 2016

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

(Shopify Inc. )
SHOP latest price $41.6300 (1.44%) ($39.7800 - $42.3300) on Mon. Sep. 12, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.69% (three month average)
RSI   46
Latest Price   $41.6300(1.44%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SHOP declines -0.4% a day on average for past five trading days.
Weekly Trend   SHOP advances 1.2% 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 -1.345% in a week (0% probabilities).
VIXM(-10%)    UUP(-8%)    SHY(-4%)    IPO(-3%)    TLT(-2%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.345% (StdDev 2.69%)
Hourly BBV 0 ()
Intraday Trend 3.9%

5 Day Moving Average   $42.37(-1.75%)
10 Day Moving Average   $41.92(-0.69%)
20 Day Moving Average   $41.31(0.77%)
To recent high   -3.7%
To recent low   53.3%
Market Cap   $5b

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 3.24% (three month std-dev: 2.69%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20161012

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	Sep_12_2016	32.96	41.31	41.92	42.37	42.19	41.39	41.63(1.44%)	N/A	N/A	0	-0.6	-17	-150	-27	15	1.03	76%	0.3	60.8	2.69%	0	0.2	46	INF
2	Sep_9_2016	32.86	41.21	41.91	42.53	42.71	42.38	41.04(-5.02%)	N/A	N/A	0	-1.1	-2	-40	-10	22	0.95	72%	0.31	70	2.74%	0	-0.1	43	INF
3	Sep_8_2016	32.76	41.16	41.89	42.45	42.76	43	43.21(1.01%)	UT	OpenLong	75	0.5	17	60	12	32	0.65	77%	0.37	78.6	2.68%	0	1.4	66	INF
4	Sep_7_2016	32.64	40.96	41.66	42.08	42.22	43.04	42.78(-0.95%)	UD	OpenLong	75	0.5	24	150	20	35	0.52	77%	0.34	81.7	2.68%	0	1.3	71	INF
5	Sep_6_2016	32.53	40.76	41.54	41.79	41.75	42.52	43.19(1.82%)	UT	OpenLong	75	1	36	130	32	48	0.81	77%	0.4	94.4	2.67%	0	1.7	74	INF

6	Sep_2_2016	32.4	40.51	41.44	41.43	41.32	41.41	42.42(4.3%)	UT	OpenLong	75	0.7	22	10	13	48	1.45	73%	0.37	94.1	2.66%	0	1.3	67	INF
7	Sep_1_2016	32.28	40.25	41.42	41.25	41.18	40.99	40.67(-1.67%)	UD	OpenLong	65	-0.4	8	-40	-6	51	0.97	74%	0.34	94.7	2.67%	0	0.3	59	INF
8	Aug_31_2016	32.17	40.07	41.4	41.24	41.3	41.23	41.36(0.17%)	UT	OpenLong	75	0.1	14	-10	0	54	0.67	75%	0.37	95.8	2.75%	0	0.7	59	INF
9	Aug_30_2016	32.05	39.85	41.16	41.15	41.17	41.37	41.29(-0.24%)	UT	HoldLong	50	0.1	11	40	-2	49	0.39	75%	0.38	85	2.76%	0	0.7	62	INF
10	Aug_29_2016	31.93	39.49	40.9	41.25	41.24	41.36	41.39(-0.31%)	UD	OpenLong	75	0.1	13	20	0	52	0.39	75%	0.38	80.3	2.78%	0	0.8	65	INF

11	Aug_26_2016	31.81	39.14	40.68	41.46	41.5	40.98	41.52(2.19%)	UD	OpenLong	65	0	9	-80	-8	61	0.59	76%	0.38	81.9	2.79%	0	0.9	67	INF
12	Aug_25_2016	31.69	38.79	40.46	41.64	41.76	41.11	40.63(-0.76%)	UD	OpenLong	65	-0.4	7	-100	-17	77	0.94	77%	0.35	84.6	2.79%	0	0.7	70	INF
13	Aug_24_2016	31.58	38.48	40.39	41.57	41.96	42.03	40.94(-1.96%)	UD	OpenLong	75	-0.2	30	40	6	101	0.79	77%	0.41	82.4	2.82%	0	0.9	72	INF
14	Aug_23_2016	31.45	38.11	40.23	41.13	41.47	42.42	41.76(-1.67%)	UD	OpenLong	75	0.2	52	190	31	113	1.7	77%	0.38	74.6	2.8%	0	1.2	78	INF
15	Aug_22_2016	31.33	37.65	39.93	40.45	40.58	41.89	42.47(0.14%)	UT	HoldLong	65	0.7	68	240	48	128	1.02	77%	0.45	66.2	2.8%	0	1.6	89	INF

16	Aug_19_2016	31.19	37.15	39.5	39.77	39.55	40.52	42.41(5.37%)	UT	HoldLong	65	0.9	62	160	39	129	1.74	77%	0.48	62.8	2.8%	0	1.8	84	INF
17	Aug_18_2016	31.04	36.67	38.94	39.16	39.04	39.27	40.25(3.9%)	UT	HoldLong	65	0.4	40	30	13	119	2.2	76%	0.39	61.7	2.75%	0	1.3	79	INF
18	Aug_17_2016	30.92	36.29	38.61	39.1	39.08	38.59	38.74(0.96%)	UD	OpenLong	65	-0.1	25	-90	-9	127	5.81	75%	0.36	64.4	2.74%	0	0.9	77	INF
19	Aug_16_2016	30.81	36.01	38.43	39.21	39.34	38.82	38.37(-1.82%)	UD	OpenLong	65	-0.3	25	-80	-18	152	1.92	75%	0.36	69	2.75%	0	0.9	79	INF
20	Aug_15_2016	30.7	35.75	37.99	39.29	39.61	39.57	39.08(-0.76%)	UD	OpenLong	75	-0.1	44	20	-0	175	1.2	75%	0.29	71	2.73%	0	1.2	85	INF

21	Aug_12_2016	30.61	35.4	37.51	39.14	39.4	39.85	39.38(-1.33%)	UD	OpenLong	75	0.1	60	100	17	190	0.97	75%	0.39	72.2	2.75%	0	1.5	87	INF
22	Aug_11_2016	30.49	35.04	37.01	38.66	38.97	39.65	39.91(1.58%)	UT	HoldLong	65	0.5	72	150	32	193	2.15	75%	0.46	72.8	2.75%	0	1.9	87	INF
23	Aug_10_2016	30.35	34.64	36.44	38.05	38.21	38.96	39.29(1.29%)	UT	HoldLong	65	0.5	69	150	30	185	1.06	75%	0.4	76.2	2.76%	0	2	87	INF
24	Aug_9_2016	30.23	34.26	35.82	37.55	37.46	38.28	38.79(1.25%)	UT	HoldLong	65	0.6	78	150	44	179	1.36	71%	0.37	81.8	2.76%	0	2.2	82	INF
25	Aug_8_2016	30.12	33.93	35.19	36.5	36.69	37.47	38.31(3.51%)	UT	HoldLong	65	1	67	160	43	137	1.2	71%		81.1	2.83%	0	2.4	79	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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