Trading Signals: SHOP Stock Price Prediction and Forecast

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Wed. Dec. 20, 2017

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

(Shopify Inc. )
SHOP latest price $105.2400 (-0.46%) ($103.6100 - $106.8400) on Wed. Dec. 20, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.14% (three month average)
RSI   52
Latest Price   $105.2400(-0.46%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SHOP advances 0.4% a day on average for past five trading days.
Weekly Trend   SHOP advances 3.3% a week on average for past two weeks.
Market Behavior   Growth stock sell-off 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(56%)    IWF(55%)    QQQ(55%)
Factors Impacting SHOP price   SHOP will decline at least -1.57% in a week (0% probabilities).
UUP(-9%)    VIXM(-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   -1.57% (StdDev 3.14%)
Hourly BBV 0 ()
Intraday Trend -1.3%

5 Day Moving Average   $105.41(-0.16%)
10 Day Moving Average   $103.76(1.43%)
20 Day Moving Average   $104.03(1.16%)
To recent high   -12.5%
To recent low   13.7%
Market Cap   $12.639b

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 4.84% (three month std-dev: 3.14%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20180120

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	Dec_20_2017	104.44	104.03	103.76	105.41	105.96	106.12	105.24(-0.46%)	UD	OpenLong	65	-0	12	30	-5	61	0.64	41%	0.02	2.5	3.14%	0	0.2	52	0
2	Dec_19_2017	104.42	104.23	102.87	105	105.46	106.88	105.73(-1.76%)	UD	OpenLong	75	0.1	39	110	32	59	0.83	41%	0.12	10	3.16%	0	0.3	53	0
3	Dec_18_2017	104.29	104.35	101.86	104.14	104.49	105.8	107.62(2.28%)	UT	OpenLong	75	0.7	39	100	43	26	1.25	41%	0.14	13.6	3.15%	0	0.6	42	0
4	Dec_15_2017	104.14	104.19	100.74	103.43	103.33	104.04	105.22(1.93%)	N/A	N/A	0	0.3	13	50	23	-17	1.25	41%	0.14	14.3	3.15%	0	0.2	37	0
5	Dec_14_2017	103.99	104.12	100.46	102.54	102.94	103.19	103.23(0.02%)	N/A	N/A	0	0.1	4	30	19	-43	0.62	41%	0.09	15.7	3.14%	0	-0.2	37	0

6	Dec_13_2017	103.9	103.9	100.45	101.86	102.4	102.61	103.21(1.79%)	DP	OpenShort	-65	0.2	-1	30	19	-62	0.93	41%	0.11	10.7	3.14%	0	-0.1	39	0
7	Dec_12_2017	103.79	103.72	100.43	100.37	101.23	102.69	101.4(-2.6%)	N/A	N/A	0	0.2	4	130	33	-83	1.08	41%	0.08	2.4	3.13%	0	-0.4	37	0
8	Dec_11_2017	103.71	103.63	101.37	99.14	99.44	102.19	104.11(3.31%)	N/A	N/A	0	0.9	31	200	67	-77	1.39	43%	0.14	-4.4	3.13%	0	0.1	43	0
9	Dec_8_2017	103.56	103.44	102.15	97.65	97.55	99.76	100.77(0.98%)	N/A	N/A	0	0.6	14	160	47	-87	1.32	41%	0.1	-10.8	3.14%	0	-0.5	46	0
10	Dec_7_2017	103.46	103.3	103.18	98.15	97.4	96.69	99.79(4.2%)	DP	OpenShort	-65	0.3	-18	-70	5	-88	1.6	41%	0.08	-10.3	3.14%	0	-0.6	46	0

11	Dec_6_2017	103.38	103.33	104.22	98.95	98.63	95.34	95.77(0.51%)	DP	OpenShort	-75	-0.5	-82	-240	-77	-96	1.4	38%	0.03	-4.1	3.11%	0	-1.3	52	0
12	Dec_5_2017	103.35	103.58	105.71	100.53	100.96	98.12	95.28(-1.39%)	DT	OpenShort	-75	-0.9	-102	-180	-110	-77	2.45	38%	0.04	3.9	3.11%	0	-1.5	50	0
13	Dec_4_2017	103.31	103.88	107.14	103.89	103.85	101.92	96.62(-6.44%)	DT	OpenShort	-75	-1.4	-63	-130	-79	-15	2.74	38%	0.05	13.7	3.11%	0	-1.3	52	0
14	Dec_1_2017	103.26	104.05	108.12	107.24	106.81	103.81	103.27(-0.53%)	CR	SmallShort	-20	-0.8	-45	-210	-71	33	1.42	41%	0.1	24.7	3.03%	0	-0.1	60	0
15	Nov_30_2017	103.16	103.91	108.29	108.95	109.69	105.77	103.82(0.14%)	N/A	N/A	0	-1	-55	-230	-92	58	1.16	44%	0.09	30.3	3.02%	0	-0	66	0

16	Nov_29_2017	103.07	103.56	107.87	110.27	111.43	109.82	103.67(-7.51%)	N/A	N/A	0	-1.2	-38	-70	-77	78	3.83	44%	0.13	30.5	3.06%	0	0	60	0
17	Nov_28_2017	102.94	103.37	107.53	111.57	112.19	113.62	112.09(-1.12%)	UD	OpenLong	75	0.1	50	110	20	139	1.39	49%	0.2	31.4	2.91%	0	1.5	74	0
18	Nov_27_2017	102.73	103.15	106.22	110.86	111.66	113.03	113.36(1.39%)	UT	HoldLong	65	0.5	91	110	70	154	2.33	49%	0.24	34.6	2.9%	0	1.9	76	0
19	Nov_24_2017	102.48	102.76	104.86	109.17	109.74	110.77	111.81(1.27%)	UT	HoldLong	65	0.5	59	80	37	126	0.65	52%	0.39	32.9	2.92%	0	1.8	77	0
20	Nov_22_2017	102.08	102.32	103.36	107.58	107.97	110.28	110.41(0.22%)	UT	OpenLong	75	0.6	77	160	64	114	1	54%	0.08	33.2	2.97%	0	1.8	71	0

21	Nov_21_2017	102	101.89	102.21	105.11	105.84	108.71	110.17(1.48%)	UT	OpenLong	75	1.2	100	210	97	107	1.91	54%	0.25	23.3	2.98%	0	2	75	0
22	Nov_20_2017	101.75	101.63	101.09	102.87	102.69	105.67	108.56(3.5%)	UT	OpenLong	75	1.5	78	200	79	76	2.1	54%	0.21	21.6	2.98%	0	1.8	64	0
23	Nov_17_2017	101.54	101.3	100.13	100.91	100.6	102.97	104.89(0.96%)	UT	OpenLong	75	1.2	66	160	76	36	1.23	52%	0.19	15.6	2.96%	0	1	42	0
24	Nov_16_2017	101.35	101.14	99.47	99.94	99.16	99.72	103.89(5.97%)	RB	SmallLong	20	1.2	31	20	42	-4	2.77	52%	0.15	18.1	2.96%	0	0.8	44	0
25	Nov_15_2017	101.2	100.86	99.01	98.56	98.43	98.24	98.04(-0.94%)	DT	OpenShort	-75	-0.2	-18	-20	-7	-49	0.92	48%		12.5	2.88%	0	-0.8	42	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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