Trading Signals: SHOP Stock Price Prediction and Forecast

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Tue. Sep. 12, 2017

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

(Shopify Inc. )
SHOP latest price $120.5000 (2.13%) ($116.8800 - $120.8200) on Tue. Sep. 12, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   3% (three month average)
RSI   87
Latest Price   $120.5000(2.13%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SHOP advances 1.7% a day on average for past five trading days.
Weekly Trend   SHOP advances 5.7% 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 -1.5% in a week (0% probabilities).
VIXM(-8%)    UUP(-8%)    SHY(-5%)    TLT(-3%)    TBT(2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.5% (StdDev 3%)
Hourly BBV 0 ()
Intraday Trend 1.3%

5 Day Moving Average   $115.16(4.64%)
10 Day Moving Average   $112.36(7.24%)
20 Day Moving Average   $105.92(13.77%)
To recent high   0%
To recent low   41.2%
Market Cap   $14.472b

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 7.64% (three month std-dev: 3%) daily (68% of days).

Sample size 45 Average positive next day return: 3.01%(36%) Average negative next day return: -2.24%(64%) Sample size 45 Average positive next three day return: 5.13%(42%) Average negative next three day return: -3.27%(58%) Sample size 45 Average positive next weekly return: 6.77%(44%) Average negative next weekly return: -5.5%(56%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20171012

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_2017	93.41	105.92	112.36	115.16	115.37	118.01	120.5(2.13%)	UT	HoldLong	65	0.7	99	170	82	148	1.77	67%	0.48	73	3%	0	1.8	87	INF
2	Sep_11_2017	92.96	104.57	110.67	113.19	113.16	115.14	117.99(3.86%)	UT	HoldLong	65	0.6	83	120	65	136	1.43	67%	0.46	67.7	3.02%	0	1.7	88	INF
3	Sep_8_2017	92.53	103.24	109.22	111.76	111.52	112.72	113.61(0.13%)	UT	HoldLong	65	0.2	56	70	33	123	0.93	61%	0.41	61.8	3.15%	0	1.4	87	INF
4	Sep_7_2017	92.15	101.99	108.48	111.23	110.91	111.18	113.46(2.94%)	UT	HoldLong	65	0.3	53	10	24	140	1.14	61%	0.46	53.1	3.15%	0	1.5	88	INF
5	Sep_6_2017	91.73	101.04	107.38	110.22	110.44	110.31	110.22(-0.41%)	UD	OpenLong	75	0	43	-0	10	143	1.14	61%	0.43	50.6	3.14%	0	1.3	82	INF

6	Sep_5_2017	91.34	100.32	106.26	109.05	109.49	110.65	110.67(-0.17%)	UD	OpenLong	75	0.2	57	90	26	151	1.56	61%	0.44	43	3.14%	0	1.5	84	INF
7	Sep_1_2017	90.94	99.63	104.86	107.68	107.72	110.57	110.86(-0.05%)	UD	OpenLong	75	0.5	86	190	62	158	1.02	62%	0.45	45	3.16%	0	1.8	81	INF
8	Aug_31_2017	90.53	98.84	103.26	106.25	105.83	108.33	110.92(2.29%)	UT	HoldLong	65	0.8	93	150	72	155	1.6	62%	0.48	45.3	3.17%	0	2.1	83	INF
9	Aug_30_2017	90.1	98.09	101.51	105.37	104.6	104.87	108.44(3.9%)	UT	HoldLong	65	0.6	64	-0	36	146	1.54	62%	0.45	53.4	3.16%	0	2	84	INF
10	Aug_29_2017	89.7	97.52	100.11	104.18	104.13	103.34	104.37(0.56%)	UD	OpenLong	65	0	30	-50	-1	122	1.14	61%	0.4	55.1	3.13%	0	1.5	63	INF

11	Aug_28_2017	89.34	97.43	99	103.03	103.37	104.33	103.79(0.05%)	UT	OpenLong	75	0.2	38	70	14	111	1.11	61%	0.39	62	3.15%	0	1.4	60	INF
12	Aug_25_2017	88.99	96.85	98.01	101.52	101.92	104.93	103.74(-2.62%)	UD	OpenLong	75	0.5	85	220	75	113	1.72	61%	0.41	53.8	3.15%	0	1.6	57	INF
13	Aug_24_2017	88.63	96.29	96.8	99.69	99.51	102.41	106.53(3.97%)	UT	OpenLong	75	1.6	98	200	99	96	3.38	61%	0.45	47.3	3.13%	0	2.4	63	INF
14	Aug_23_2017	88.23	95.46	94.94	97.08	96.84	98.91	102.46(3.9%)	UT	OpenLong	75	1.5	56	140	62	36	2.37	59%	0.39	35.5	3.1%	0	1.9	57	INF
15	Aug_22_2017	87.89	95	94.12	95.51	95.39	96.61	98.61(2.43%)	UT	OpenLong	75	0.9	37	90	47	6	1.36	57%	0.34	28.6	3.07%	0	1.1	49	INF

16	Aug_21_2017	87.59	94.67	93.83	94.42	94.46	94.77	96.27(1.79%)	N/A	N/A	0	0.6	5	20	17	-33	1.13	57%	0.33	18.7	3.05%	0	0.5	36	INF
17	Aug_18_2017	87.3	94.53	93.91	93.98	94.02	94.18	94.58(1.16%)	DP	OpenShort	-65	0.2	-5	10	5	-33	0.99	56%	0.3	18.6	3.08%	0	0	55	INF
18	Aug_17_2017	87.04	94.3	94.05	93.41	94	94.15	93.5(-1.17%)	N/A	N/A	0	0	9	30	21	-28	1.4	53%	0.24	9.6	3.09%	0	-0.2	53	INF
19	Aug_16_2017	86.83	94.19	94.39	92.39	93.04	94.15	94.61(1.57%)	DP	OpenShort	-65	0.6	-4	80	6	-33	0.75	53%	0.27	-1.4	3.16%	0	0.1	58	INF
20	Aug_15_2017	86.6	94.07	94.73	92.5	92.38	93.86	93.15(-0.97%)	N/A	N/A	0	0.2	8	110	17	-20	0.81	53%	0.27	-4.1	3.16%	0	-0.3	51	INF

21	Aug_14_2017	86.37	94.08	95.75	93.17	92.78	92.23	94.06(2.56%)	UT	OpenLong	75	0.3	7	-50	8	4	1.68	53%	0.3	3.7	3.16%	0	-0	54	INF
22	Aug_11_2017	86.11	93.92	95.64	93.92	93.6	90.91	91.71(3.74%)	DP	OpenShort	-75	-0.6	-50	-210	-61	-17	1.95	53%	0.29	9	3.15%	0	-0.6	50	INF
23	Aug_10_2017	85.86	93.97	95.84	94.83	95.36	93.33	88.4(-7.13%)	DT	OpenShort	-75	-1.8	-56	-130	-73	-4	3.4	54%	0.26	21.1	3.12%	0	-1.6	53	INF
24	Aug_9_2017	85.64	94.24	96.19	96.59	96.76	96.3	95.19(-1.37%)	N/A	N/A	0	-0.4	-14	-30	-30	34	1.75	59%	0.33	47.3	3.03%	0	0.3	58	INF
25	Aug_8_2017	85.36	94.2	96.1	97.22	97.52	97.39	96.51(-1.31%)	N/A	N/A	0	-0.2	0	-0	-17	52	1.47	59%		61.5	3.04%	0	0.7	57	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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