Trading Signals: SHOP Stock Price Prediction and Forecast

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Tue. Mar. 14, 2017

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

(Shopify Inc. )
SHOP latest price $63.8300 (-1.69%) ($63.5200 - $64.7300) on Tue. Mar. 14, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.1% (three month average)
RSI   48
Latest Price   $63.8300(-1.69%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SHOP advances 1.2% a day on average for past five trading days.
Weekly Trend   SHOP advances 1.8% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support SHOP advance at 0% a week (0% probability)
IBUY(62%)    SKYY(60%)    ARKK(55%)    IWF(55%)    QQQ(55%)
Factors Impacting SHOP price   SHOP will decline at least -1.05% in a week (0% probabilities).
VIXM(-9%)    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   -1.05% (StdDev 2.1%)
Hourly BBV 0 ()
Intraday Trend -1.2%

5 Day Moving Average   $63.24(0.93%)
10 Day Moving Average   $61.64(3.55%)
20 Day Moving Average   $61.29(4.14%)
To recent high   -1.7%
To recent low   58.9%
Market Cap   $7.666b

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 3.38% (three month std-dev: 2.1%) daily (68% of days).

Sample size 5 Average positive next day return: 1.04%(20%) Average negative next day return: -0.2%(80%) Sample size 5 Average positive next three day return: 0.83%(60%) Average negative next three day return: -7.25%(40%) Sample size 5 Average positive next weekly return: 1.83%(60%) Average negative next weekly return: -1.98%(40%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170414

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	Mar_14_2017	48.31	61.29	61.64	63.24	63.52	64.4	63.83(-1.69%)	UD	OpenLong	75	0.3	39	110	31	64	0.7	93%	0.44	105.9	2.1%	0	1.2	48	0
2	Mar_13_2017	48.1	60.91	61.17	62.5	62.64	64.11	64.93(1.22%)	UT	OpenLong	75	1.1	64	170	70	44	1	93%	0.48	95.2	2.09%	0	1.8	54	0
3	Mar_10_2017	47.87	60.43	60.64	61.38	61.44	62.64	64.15(2.82%)	UT	OpenLong	75	1.2	48	140	62	5	1.22	93%	0.44	84.3	2.08%	0	1.6	58	0
4	Mar_9_2017	47.66	59.96	60.34	60.61	60.43	61.18	62.39(2.43%)	N/A	N/A	0	0.7	23	80	38	-23	1	93%	0.42	75.7	2.08%	0	1	55	0
5	Mar_8_2017	47.46	59.53	60.33	60.06	59.98	60.25	60.91(1.3%)	N/A	N/A	0	0.3	7	30	21	-36	0.88	93%	0.4	66.5	2.08%	0	0.5	52	0

6	Mar_7_2017	47.27	59.17	60.56	59.81	59.77	59.68	60.13(1.37%)	DP	OpenShort	-65	0.1	-3	-10	2	-19	1.08	93%	0.4	62.2	2.14%	0	0.3	67	0
7	Mar_6_2017	47.08	58.82	60.83	59.63	59.76	59.7	59.32(-1.61%)	CR	SmallShort	-20	-0.1	-4	-0	-6	2	0.7	93%	0.38	58.9	2.14%	0	0.1	66	0
8	Mar_3_2017	46.9	58.49	61.07	59.75	59.79	59.87	60.29(1.04%)	UT	HoldLong	50	0.1	3	10	-7	32	0.99	94%	0.39	56.6	2.14%	0	0.5	72	0
9	Mar_2_2017	46.72	58.11	61.15	60.04	60.04	59.82	59.67(0.03%)	UD	OpenLong	65	-0.1	7	-30	-13	65	0.96	94%	0.39	58.4	2.16%	0	0.4	73	0
10	Mar_1_2017	46.54	57.72	61.27	60.65	60.48	59.71	59.65(0.74%)	N/A	N/A	0	-0.2	-2	-100	-37	104	1.1	86%	0.41	60	2.18%	0	0.5	76	0

11	Feb_28_2017	46.35	57.3	60.98	61.44	61.36	60.26	59.21(-1.2%)	N/A	N/A	0	-0.5	0	-130	-44	133	1.13	86%	0.35	64.9	2.28%	0	0.4	76	0
12	Feb_27_2017	46.19	56.89	60.73	62.22	62.21	61.26	59.93(-2.95%)	UD	OpenLong	65	-0.5	16	-110	-37	176	1.54	86%	0.35	69.8	2.29%	0	0.7	80	0
13	Feb_24_2017	46.03	56.48	60.32	62.53	62.68	62.47	61.75(-1.56%)	UD	OpenLong	65	-0.2	47	-20	-11	220	1.17	90%	0.41	73.3	2.24%	0	1.2	89	0
14	Feb_23_2017	45.84	55.94	59.64	62.38	62.52	63.16	62.73(-1.35%)	TP	CloseLong	-10	0.1	76	80	19	247	1.47	90%	0.42	74.4	2.24%	0	1.5	93	0
15	Feb_22_2017	45.65	55.35	58.73	61.95	61.96	62.9	63.59(0.81%)	UT	HoldLong	65	0.4	116	110	63	273	1.2	83%	0.46	77.5	2.23%	0	1.9	98	0

16	Feb_21_2017	45.44	54.62	57.67	60.45	60.65	61.88	63.08(2.54%)	UT	HoldLong	65	0.7	106	150	61	239	1.95	83%	0.53	72.5	2.32%	0	2.1	98	0
17	Feb_17_2017	45.2	53.92	56.61	59.04	58.96	61.02	61.52(0.9%)	UT	HoldLong	65	0.7	105	240	68	217	1.19	85%	0.42	71.3	2.35%	0	2.1	98	0
18	Feb_16_2017	45.01	53.32	55.66	57.78	57.74	59.43	60.97(0.59%)	UT	HoldLong	65	1	117	200	90	196	2.19	85%	0.42	71.9	2.39%	0	2.4	89	0
19	Feb_15_2017	44.82	52.77	54.76	56.51	56.33	56.89	60.61(8.14%)	UT	HoldLong	65	1.5	77	60	51	156	5.7	86%	0.38	76	2.39%	0	2.9	89	0
20	Feb_14_2017	44.65	52.21	53.77	55.06	55.44	56.05	56.05(0%)	UT	HoldLong	50	0.5	47	100	24	114	1.97	78%	0.29	84.2	2.28%	0	1.9	79	0

21	Feb_13_2017	44.52	51.87	53.25	54.48	54.79	55.77	56.05(1.5%)	UT	HoldLong	65	0.8	58	140	40	110	2.54	78%	0.29	89.8	2.36%	0	2.2	84	0
22	Feb_10_2017	44.39	51.47	52.71	53.8	54.03	54.84	55.22(1.12%)	UT	HoldLong	65	0.8	56	120	41	99	1.79	78%	0.27	88.9	2.37%	0	2.1	83	0
23	Feb_9_2017	44.27	51.13	52.32	53.18	53.25	53.81	54.61(2.32%)	UT	OpenLong	75	0.9	41	80	26	84	0.9	78%	0.23	88.4	2.38%	0	2.1	74	0
24	Feb_8_2017	44.17	50.81	51.94	52.72	52.72	53.22	53.37(0.45%)	UT	OpenLong	75	0.4	36	70	23	73	0.7	79%	0.27	101	2.39%	0	1.7	65	0
25	Feb_7_2017	44.05	50.53	51.73	52.29	52.34	52.69	53.13(0.85%)	UT	OpenLong	75	0.6	34	50	23	68	0.68	80%		110.1	2.41%	0	1.7	68	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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