Trading Signals: SHOP Stock Price Prediction and Forecast

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Mon. Aug. 7, 2017

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

(Shopify Inc. )
SHOP latest price $97.7900 (1.57%) ($96.4300 - $99.1000) on Mon. Aug. 7, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.04% (three month average)
RSI   57
Latest Price   $97.7900(1.57%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SHOP advances 1.1% a day on average for past five trading days.
Weekly Trend   SHOP advances 3.9% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Growth stock 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 -1.52% in a week (0% probabilities).
VIXM(-9%)    UUP(-8%)    SHY(-5%)    IPO(-5%)    TLT(-3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.52% (StdDev 3.04%)
Hourly BBV 0 ()
Intraday Trend 1.4%

5 Day Moving Average   $98.73(-0.95%)
10 Day Moving Average   $95.69(2.19%)
20 Day Moving Average   $93.94(4.1%)
To recent high   -6%
To recent low   14.6%
Market Cap   $11.744b

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 3.58% (three month std-dev: 3.04%) daily (68% of days).

Sample size 26 Average positive next day return: 0.98%(58%) Average negative next day return: -1.75%(42%) Sample size 26 Average positive next three day return: 1.22%(58%) Average negative next three day return: -1.61%(42%) Sample size 26 Average positive next weekly return: 1.98%(65%) Average negative next weekly return: -3.06%(35%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170907

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	Aug_7_2017	85.08	93.94	95.69	98.73	98.48	97.23	97.79(1.57%)	UD	OpenLong	65	-0.3	8	-100	-14	72	1.08	59%	0.38	82.7	3.04%	0	1.1	57	INF
2	Aug_4_2017	84.76	93.6	95.27	97.65	99.89	97.65	96.28(-0.91%)	UD	OpenLong	65	-0.4	2	-90	-19	63	1.48	61%	0.38	79.7	3.1%	0	0.8	59	INF
3	Aug_3_2017	84.44	93.24	94.62	96.99	98.88	99.72	97.16(-1.21%)	UD	OpenLong	65	0	5	120	-12	54	2.29	61%	0.39	73.4	3.09%	0	1.1	57	INF
4	Aug_2_2017	84.11	92.7	94	95.64	97.08	102.13	98.35(-5.51%)	UD	OpenLong	75	0.8	89	410	93	77	4.51	64%	0.42	59	3.1%	0	1.6	57	INF
5	Aug_1_2017	83.76	92.18	93.32	94.76	94.86	98.04	104.08(12.68%)	UT	OpenLong	75	2.7	121	240	135	79	9.67	67%	0.48	56.7	3.13%	0	3.5	61	INF

6	Jul_31_2017	83.36	91.24	92.1	92.37	92.51	92.02	92.37(-0.66%)	UD	OpenLong	75	0	5	-30	5	3	2.5	62%	0.35	42.6	2.75%	0	0.5	53	INF
7	Jul_28_2017	83.07	90.98	91.92	92.62	92.39	91.69	92.98(2.82%)	DP	OpenShort	-75	0.1	-16	-60	-20	-5	1.41	64%	0.37	29.3	2.76%	0	0.8	54	INF
8	Jul_27_2017	82.76	90.66	91.84	91.91	92.54	93	90.43(-3.72%)	UD	OpenLong	75	-0.6	3	60	3	2	2.22	63%	0.36	12	2.77%	0	-0.1	55	INF
9	Jul_26_2017	82.46	90.62	92.11	92	91.99	93.1	93.92(1.91%)	UT	OpenLong	75	0.7	28	80	28	28	1.16	63%	0.43	9.9	2.73%	0	1.2	66	INF
10	Jul_25_2017	82.11	90.28	92.14	91.59	91.47	92.09	92.16(-1.55%)	UD	OpenLong	75	0.2	23	40	19	33	1.2	63%	0.4	2.7	2.77%	0	0.7	59	INF

11	Jul_24_2017	81.78	90.28	92.06	91.8	91.55	90.89	93.61(4.69%)	UT	OpenLong	75	0.7	14	-60	4	43	1.47	63%	0.42	7.2	2.76%	0	1.3	65	INF
12	Jul_21_2017	81.44	90.25	91.79	91.17	91.67	90.85	89.42(-1.6%)	CR	SmallShort	-20	-0.7	-18	-50	-34	30	1.4	61%	0.37	13.4	2.71%	0	-0.3	57	INF
13	Jul_20_2017	81.14	90.35	91.8	91.77	91.99	92.22	90.87(-1.12%)	UD	OpenLong	65	-0.3	5	20	-12	55	0.96	63%	0.4	29.9	2.69%	0	0.2	62	INF
14	Jul_19_2017	80.82	90.36	91.4	92.2	92.34	92.49	91.9(-1.37%)	UD	OpenLong	75	-0.1	18	20	4	60	1.39	63%	0.42	44.5	2.74%	0	0.6	55	INF
15	Jul_18_2017	80.48	90.21	91.05	92.76	92.75	91.77	93.18(2.97%)	UT	HoldLong	50	0.2	11	-70	-8	67	1.43	63%	0.42	54.7	2.74%	0	1.1	62	INF

16	Jul_17_2017	80.14	90.06	90.35	92.38	93.1	92.18	90.49(-2.08%)	N/A	N/A	0	-0.7	-11	-50	-29	42	1.52	62%	0.36	55.7	2.72%	0	0.2	47	INF
17	Jul_14_2017	79.85	89.89	90.02	92.48	93.04	93.74	92.41(-0.66%)	UD	OpenLong	75	-0	18	70	9	43	1.02	62%	0.38	48	2.7%	0	0.9	45	INF
18	Jul_13_2017	79.55	89.56	89.43	91.79	92.3	94.01	93.02(-1.75%)	UD	OpenLong	75	0.4	55	150	59	42	1.79	63%	0.38	17.7	2.72%	0	1.2	52	INF
19	Jul_12_2017	79.25	89.17	89.03	90.43	90.69	92.35	94.68(3.71%)	UT	OpenLong	75	1.5	53	140	63	21	1.76	63%	0.41	-14.3	2.71%	0	2	54	INF
20	Jul_11_2017	78.93	88.77	89.03	89.12	88.97	90.58	91.29(0.33%)	N/A	N/A	0	0.9	35	120	49	-7	1.26	61%	0.16	-50.7	2.68%	0	1	54	INF

21	Jul_10_2017	78.8	88.63	88.21	88.06	87.97	89.03	90.99(2.25%)	N/A	N/A	0	1.2	31	80	48	-19	1.28	61%	0.39	-79.7	2.69%	0	1	51	INF
22	Jul_7_2017	78.49	88.62	88.46	87.24	87.1	87.36	88.99(3.22%)	N/A	N/A	0	0.7	6	20	17	-27	1.02	61%	0.36	-98.6	2.68%	0	0.1	55	INF
23	Jul_6_2017	78.21	89.06	88.67	86.72	86.72	86.91	86.21(-2.16%)	DT	OpenShort	-75	-0.2	-12	20	-5	-31	1.21	60%	0.35	-71.7	2.65%	0	-0.9	54	INF
24	Jul_5_2017	77.94	89.58	89.18	87.39	86.78	86.83	88.11(2.45%)	N/A	N/A	0	0.2	3	-20	5	-5	1.78	60%	0.71	-54.9	2.63%	0	-0.4	57	INF
25	Jul_3_2017	77.39	90.06	89.28	87.17	87.01	86.53	86(-1.04%)	DT	OpenShort	-75	-0.3	-21	-40	-23	-15	0.89	60%		-40.6	2.61%	0	-0.9	50	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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