Trading Signals: SHOP Stock Price Prediction and Forecast

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Fri. Oct. 27, 2017

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

(Shopify Inc. )
SHOP latest price $107.2700 (3.04%) ($105.2000 - $108.0000) on Fri. Oct. 27, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.24% (three month average)
RSI   65
Latest Price   $107.2700(3.04%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SHOP advances 1% a day on average for past five trading days.
Weekly Trend   SHOP advances 5.3% a week on average for past two weeks.
Market Behavior   Growth stock 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(56%)    IWF(55%)    QQQ(55%)
Factors Impacting SHOP price   SHOP will decline at least -1.62% 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   -1.62% (StdDev 3.24%)
Hourly BBV 0 ()
Intraday Trend 0.5%

5 Day Moving Average   $104.74(2.42%)
10 Day Moving Average   $101.83(5.34%)
20 Day Moving Average   $101.3(5.89%)
To recent high   -12.7%
To recent low   21.3%
Market Cap   $12.883b

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 7.31% (three month std-dev: 3.24%) daily (68% of days).

Sample size 2 Average positive next day return: 6.19%(100%) Average negative next day return: 0%(0%) Sample size 2 Average positive next three day return: 5.27%(100%) Average negative next three day return: %(0%) Sample size 2 Average positive next weekly return: 0%(0%) Average negative next weekly return: -5.33%(100%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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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	Oct_27_2017	99.84	101.3	101.83	104.74	105.1	105.31	107.27(3.04%)	UT	OpenLong	75	0.3	50	20	30	110	2.34	53%	0.08	-30.5	3.24%	0	0.8	65	INF
2	Oct_26_2017	99.76	101.65	100.53	103.7	104.13	104.35	104.11(1.09%)	UT	OpenLong	75	0.1	27	30	7	85	1.57	53%	0.07	-34.3	3.26%	0	0.3	60	INF
3	Oct_25_2017	99.69	102.18	99.57	102.53	103.28	104.89	102.99(-3.21%)	UD	OpenLong	75	0.1	46	130	36	75	4.14	53%	0.05	-37.6	3.26%	0	0.1	53	INF
4	Oct_24_2017	99.64	102.82	98.77	101.72	101.51	103.9	106.41(3.4%)	UT	OpenLong	75	0.5	64	160	64	65	2.88	55%	0.09	-40.3	3.24%	0	0.4	52	INF
5	Oct_23_2017	99.55	103.09	97.35	99.68	99.69	101.66	102.91(0.79%)	UT	OpenLong	75	0.4	46	140	61	1	2.43	54%	0.05	-49.5	3.26%	0	-0	31	INF

6	Oct_20_2017	99.5	103.62	96.72	98.49	98.1	99.12	102.1(3.92%)	N/A	N/A	0	0.4	19	60	43	-54	3.29	54%	0.09	-53.3	3.27%	0	-0.2	28	INF
7	Oct_19_2017	99.41	104.45	96.23	96.92	96.87	97.72	98.25(-0.69%)	DP	OpenShort	-65	0.1	-10	60	23	-109	1.99	51%	0.06	-55.1	3.24%	0	-0.6	27	INF
8	Oct_18_2017	99.35	105.51	96.38	96.14	96.02	97.09	98.93(2.83%)	DP	OpenShort	-65	0.3	-16	70	26	-141	2.5	53%	0.09	-56.2	3.25%	0	-0.6	27	INF
9	Oct_17_2017	99.26	106.5	96.71	95.36	95.49	96.02	96.21(-0.79%)	DP	OpenShort	-65	0.1	-22	40	27	-170	2.48	53%	-0.03	-56.6	3.25%	0	-0.9	21	INF
10	Oct_16_2017	99.29	107.81	98.58	94.63	94.82	94.95	96.98(2.93%)	DP	OpenShort	-65	0.2	-44	20	2	-181	2.95	53%	0.06	-57.5	3.26%	0	-1	30	INF

11	Oct_13_2017	99.23	109.08	100.61	94.71	94.58	94.96	94.22(-0.15%)	DT	OpenShort	-75	-0	-50	20	-7	-180	1.76	53%	0.04	-56.8	3.24%	0	-1.4	25	INF
12	Oct_12_2017	99.19	110.41	102.77	95.45	95.26	94.7	94.36(-0.69%)	DT	HoldShort	-65	-0.1	-49	-50	-6	-178	3.52	55%	0.04	-55.5	3.25%	0	-1.5	21	INF
13	Oct_11_2017	99.15	111.75	104.96	96.66	95.86	94.21	95.02(2.65%)	DP	OpenShort	-75	-0.2	-81	-150	-46	-187	6.22	55%	0.05	-53.6	3.28%	0	-1.7	22	INF
14	Oct_10_2017	99.1	113.03	107.2	98.32	97.06	95.83	92.57(-4.94%)	DT	HoldShort	-65	-0.6	-115	-130	-89	-194	11.37	55%	0.03	-49.6	3.26%	0	-2.2	19	INF
15	Oct_9_2017	99.07	114.51	109.41	103.17	100.79	97.51	97.38(-0.55%)	DT	HoldShort	-65	-0.7	-108	-300	-87	-169	2.97	58%	0.09	-37.1	3.21%	0	-2.2	19	INF

16	Oct_6_2017	98.98	115.63	111.23	107.49	106.12	98.3	97.92(-2.5%)	DT	HoldShort	-65	-1.4	-161	-550	-157	-172	7.78	60%	0.06	-21.7	3.23%	0	-2.6	21	INF
17	Oct_5_2017	98.92	116.53	113.54	111.21	111.17	104.06	100.43(-2.78%)	DT	OpenShort	-75	-2	-200	-450	-212	-163	19.78	60%	0.1	-6.1	3.23%	0	-2.9	27	INF
18	Oct_4_2017	98.82	117.29	115.61	114.41	115.63	113.94	103.3(-11.57%)	DT	OpenShort	-75	-2.5	-97	-70	-99	-92	20.9	60%	0.09	17.7	3.22%	0	-3.2	29	INF
19	Oct_3_2017	98.73	117.76	117.33	117.23	117.44	118.27	116.81(-1.84%)	N/A	N/A	0	-0.1	14	50	26	-22	1.69	69%	0.23	53.2	2.87%	0	-0.3	46	INF
20	Oct_2_2017	98.5	117.49	117.89	116.54	116.9	117.32	119(2.15%)	N/A	N/A	0	0.7	13	30	26	-25	1.12	69%	0.26	55.7	2.86%	0	0.4	47	INF

21	Sep_29_2017	98.24	117.11	118.18	115.64	116.07	116.62	116.49(0.03%)	DP	OpenShort	-75	0.2	-12	40	-3	-39	0.87	66%	0.26	54.5	2.86%	0	-0.2	49	INF
22	Sep_28_2017	97.99	116.87	118.56	116.39	116.17	116.49	116.45(-0.81%)	DP	OpenShort	-65	0	-2	10	4	-19	0.89	67%	0.25	62.8	2.9%	0	-0.1	58	INF
23	Sep_27_2017	97.75	116.51	118.95	117.13	116.99	115.53	117.4(3.55%)	DP	OpenShort	-75	0.1	-14	-90	-15	-9	1.58	63%	0.3	69.2	2.91%	0	0.2	60	INF
24	Sep_26_2017	97.46	115.92	119.15	117.51	117.68	115.85	113.38(-0.95%)	DT	OpenShort	-75	-0.8	-56	-100	-70	-14	1.81	59%	0.28	68.1	2.98%	0	-0.5	61	INF
25	Sep_25_2017	97.19	115.51	119.92	119.42	119.18	118.46	114.47(-4.82%)	N/A	N/A	0	-0.9	-24	-50	-42	31	2.32	59%		77.8	2.99%	0	-0.2	62	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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