Trading Signals: SHOP Stock Price Prediction and Forecast

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Mon. Apr. 17, 2017

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

(Shopify Inc. )
SHOP latest price $71.7000 (1.51%) ($70.7800 - $72.2600) on Mon. Apr. 17, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.87% (three month average)
RSI   53
Latest Price   $71.7000(1.51%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SHOP advances 0.9% a day on average for past five trading days.
Weekly Trend   SHOP declines -0.2% 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)
IBUY(62%)    SKYY(60%)    ARKK(55%)    IWF(55%)    QQQ(55%)
Factors Impacting SHOP price   SHOP will decline at least -0.935% 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   -0.935% (StdDev 1.87%)
Hourly BBV 0 ()
Intraday Trend 0.3%

5 Day Moving Average   $69.98(2.46%)
10 Day Moving Average   $69.33(3.42%)
20 Day Moving Average   $69.27(3.51%)
To recent high   -1.4%
To recent low   45.1%
Market Cap   $8.611b

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 2.27% (three month std-dev: 1.87%) daily (68% of days).

Sample size 8 Average positive next day return: 3.59%(63%) Average negative next day return: -0.53%(38%) Sample size 8 Average positive next three day return: 2.41%(63%) Average negative next three day return: -2.6%(38%) Sample size 8 Average positive next weekly return: 3.46%(63%) Average negative next weekly return: -2.11%(38%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170517

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	Apr_17_2017	54.84	69.27	69.33	69.98	69.98	70.89	71.7(1.51%)	UT	OpenLong	75	1.1	39	90	48	12	1.02	77%	0.55	74.9	1.87%	0	1.5	53	0
2	Apr_13_2017	54.54	69.03	68.95	69.39	69.42	69.77	70.63(1.99%)	N/A	N/A	0	0.7	20	40	31	-14	1.64	77%	0.52	66.5	1.89%	0	0.9	56	0
3	Apr_12_2017	54.26	68.76	68.77	68.96	69.02	69.07	69.25(0.28%)	DP	OpenShort	-65	0.2	-1	10	8	-28	0.76	76%	0.52	62.1	1.9%	0	0.3	58	0
4	Apr_11_2017	53.98	68.56	69.07	68.69	68.77	69.06	69.06(-0.32%)	N/A	N/A	0	0.2	1	30	5	-12	0.97	76%	0.47	60.7	1.9%	0	0.2	60	0
5	Apr_10_2017	53.73	68.32	69.37	68.59	68.69	68.97	69.28(0.83%)	UT	OpenLong	75	0.3	14	30	15	10	1	76%	0.49	64.6	1.89%	0	0.4	59	0

6	Apr_7_2017	53.47	68.11	69.48	68.58	68.61	68.47	68.71(0.28%)	UT	OpenLong	75	0.1	6	-10	4	12	0.47	76%	0.53	73	1.88%	0	0.3	50	0
7	Apr_6_2017	53.19	67.9	69.52	68.45	68.58	68.42	68.52(0.93%)	N/A	N/A	0	0	-5	-10	-10	12	0.84	76%	0.55	72.1	1.9%	0	0.2	56	0
8	Apr_5_2017	52.9	67.61	69.46	68.56	68.53	68.75	67.89(-0.93%)	CR	SmallShort	-20	-0.2	-12	20	-23	20	1.01	80%	0.57	70.2	1.92%	0	0.1	60	0
9	Apr_4_2017	52.6	67.3	69.39	69.52	69.1	68.74	68.53(-1.01%)	UD	OpenLong	65	-0.3	4	-50	-12	52	1.01	81%	0.59	73.6	2.12%	0	0.4	63	0
10	Apr_3_2017	52.29	66.91	69.29	70.29	69.94	68.3	69.23(1.67%)	N/A	N/A	0	-0.3	-13	-180	-42	73	1.39	81%	0.6	75.4	2.13%	0	0.6	67	0

11	Mar_31_2017	51.98	66.44	69.25	70.53	70.73	69.47	68.09(-1.39%)	N/A	N/A	0	-0.6	-19	-120	-56	91	2.66	81%	0.56	74.1	2.13%	0	0.4	61	0
12	Mar_30_2017	51.69	66.07	69.18	70.7	71	71.58	69.05(-5.05%)	UD	OpenLong	75	-0.4	35	70	2	132	3.09	81%	0.58	71	2.13%	0	0.7	65	0
13	Mar_29_2017	51.39	65.61	68.81	70.41	70.47	71.98	72.72(0.48%)	UT	HoldLong	65	0.6	101	150	75	178	1.57	89%	0.65	64.2	2%	0	1.7	80	0
14	Mar_28_2017	51.06	64.94	68.01	69.21	69.22	70.42	72.37(2.8%)	UT	HoldLong	65	0.8	95	120	71	165	1.74	89%	0.65	54	2.01%	0	1.9	82	0
15	Mar_27_2017	50.73	64.27	67.15	68.17	67.93	68.95	70.4(2.06%)	UT	HoldLong	65	0.6	57	90	29	142	1.62	90%	0.65	45.8	2%	0	1.7	82	0

16	Mar_24_2017	50.4	63.73	66.58	67.86	67.85	68.03	68.98(2.07%)	UT	HoldLong	65	0.3	65	20	34	158	1.46	89%	0.6	45.4	2.09%	0	1.6	82	0
17	Mar_23_2017	50.1	63.35	66.09	67.47	67.7	66.92	67.58(1.3%)	UD	OpenLong	65	0	33	-70	-7	151	1.31	90%	0.5	46.8	2.1%	0	1.4	74	0
18	Mar_22_2017	49.85	63.08	65.59	66.95	67.43	67.68	66.71(-0.71%)	UD	OpenLong	65	-0.1	32	50	-8	153	1.45	90%	0.54	48	2.11%	0	1.3	74	0
19	Mar_21_2017	49.58	62.9	65.04	66.57	67.06	68.48	67.19(-2.43%)	UD	OpenLong	75	0.2	87	170	56	178	3.63	90%	0.53	59.5	2.13%	0	1.5	76	0
20	Mar_20_2017	49.32	62.67	64.35	65.9	65.89	67.19	68.86(2.79%)	UT	HoldLong	65	1.1	90	140	62	172	1.81	94%	0.61	67.9	2.11%	0	2.3	84	0

21	Mar_17_2017	49.02	62.27	63.39	65.12	64.92	65.63	66.99(3.08%)	UT	HoldLong	65	0.8	66	70	39	146	1.5	94%	0.53	84.4	2.09%	0	2.1	77	0
22	Mar_16_2017	48.76	61.95	62.7	64.55	64.5	64.6	64.99(0.23%)	UT	OpenLong	75	0.2	47	10	22	121	0.54	93%	0.47	104.7	2.09%	0	1.6	61	0
23	Mar_15_2017	48.53	61.72	62.17	64.03	64.16	64.21	64.84(1.58%)	UT	OpenLong	75	0.4	36	10	17	94	0.88	93%	0.46	123.2	2.1%	0	1.7	55	0
24	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
25	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%		95.2	2.09%	0	1.8	54	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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