Trading Signals: SHOP Stock Price Prediction and Forecast

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Wed. Jan. 10, 2018

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

(Shopify Inc. )
SHOP latest price $111.0000 (0.24%) ($109.0000 - $111.4600) on Wed. Jan. 10, 2018.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.67% (three month average)
RSI   62
Latest Price   $111.0000(0.24%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SHOP advances 0.6% a day on average for past five trading days.
Weekly Trend   SHOP advances 3.1% a week on average for past two weeks.
Market Behavior   Growth stock sell-off for large cap. Normal 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 -1.335% 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   -1.335% (StdDev 2.67%)
Hourly BBV 0 ()
Intraday Trend 1.2%

5 Day Moving Average   $110.92(0.07%)
10 Day Moving Average   $107.78(2.99%)
20 Day Moving Average   $106.19(4.53%)
To recent high   -2.1%
To recent low   19.9%
Market Cap   $13.331b

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% (three month std-dev: 2.67%) daily (68% of days).

Sample size 5 Average positive next day return: 2.82%(60%) Average negative next day return: -1.54%(40%) Sample size 5 Average positive next three day return: 2.55%(60%) Average negative next three day return: -0.91%(40%) Sample size 5 Average positive next weekly return: 2.27%(40%) Average negative next weekly return: -1.85%(60%)

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	Jan_10_2018	106.21	106.19	107.78	110.92	110.91	110.96	111(0.24%)	UD	OpenLong	65	0	17	0	-1	69	0.67	53%	0.12	95.7	2.67%	0	1.5	62	INF
2	Jan_9_2018	106.08	105.83	107.15	110.27	110.56	111.44	110.73(-1.44%)	UD	OpenLong	75	0.1	40	60	30	68	0.74	53%	0.14	102.3	2.75%	0	1.6	55	INF
3	Jan_8_2018	105.93	105.33	106.45	109.22	109.43	110.87	112.35(1.6%)	UT	OpenLong	75	1.1	61	100	59	66	0.75	53%	0.17	96.8	2.74%	0	2.4	64	INF
4	Jan_5_2018	105.75	104.69	105.64	106.95	107.48	109.68	110.58(0.57%)	UT	OpenLong	75	1.4	61	160	66	46	0.77	53%	0.17	77	2.76%	0	2.2	66	INF
5	Jan_4_2018	105.57	103.96	105.05	105.32	105.27	107.99	109.95(2.04%)	UT	OpenLong	75	1.9	62	180	71	33	1.16	45%	0.15	48.8	2.78%	0	2.4	65	INF

6	Jan_3_2018	105.41	103.23	104.56	104.23	103.92	105.28	107.75(2.14%)	UT	OpenLong	75	1.3	46	80	54	22	1.16	45%	0.14	5.9	3.13%	0	1.6	65	INF
7	Jan_2_2018	105.26	102.69	104.47	103.64	103.26	102.54	105.49(4.45%)	N/A	N/A	0	0.6	1	-60	1	0	1.4	45%	0.24	-23.4	3.13%	0	0.9	53	INF
8	Dec_29_2017	105.01	102.55	104.43	103.32	103.28	102.56	101(-1.36%)	DT	OpenShort	-75	-0.7	-27	-50	-33	-9	0.78	42%	0.12	-37	3.08%	0	-0.5	54	INF
9	Dec_28_2017	104.88	102.7	104.71	104.08	103.79	103.98	102.39(-2.02%)	N/A	N/A	0	-0.5	-3	0	-9	14	0.66	42%	0.07	-39.9	3.08%	0	-0.1	59	INF
10	Dec_27_2017	104.81	102.75	104.83	104.65	104.28	104.01	104.5(-0.32%)	UD	OpenLong	75	-0	11	-30	2	38	0.48	45%	0.08	-44.1	3.07%	0	0.5	72	INF

11	Dec_26_2017	104.73	103.07	104.56	104.89	104.56	103.61	104.84(0.94%)	N/A	N/A	0	-0	-9	-70	-26	41	0.4	45%	0.15	-32.4	3.11%	0	0.5	74	INF
12	Dec_22_2017	104.57	103.43	104.49	105.45	105.34	104.55	103.86(-0.9%)	N/A	N/A	0	-0.3	-4	-60	-25	61	0.59	42%	0.07	-15.8	3.14%	0	0.1	68	INF
13	Dec_21_2017	104.5	103.79	104.22	105.72	106.19	105.51	104.8(-0.42%)	UD	OpenLong	65	-0.2	13	-30	-6	69	0.48	42%	0.06	-6.9	3.14%	0	0.2	52	INF
14	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	INF
15	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	INF

16	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	INF
17	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	INF
18	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	INF
19	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	INF
20	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	INF

21	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	INF
22	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	INF
23	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	INF
24	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	INF
25	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%		3.9	3.11%	0	-1.5	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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