Trading Signals: SHOP Stock Price Prediction and Forecast

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Thu. Dec. 3, 2015

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

(Shopify Inc. )
SHOP latest price $26.8300 (1.59%) ($26.1300 - $26.8800) on Thu. Dec. 3, 2015.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.99% (three month average)
RSI   42
Latest Price   $26.8300(1.59%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SHOP advances 0.3% a day on average for past five trading days.
Weekly Trend   SHOP declines -2.4% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support SHOP advance at 0% a week (0% probability)
SKYY(59%)    ARKK(54%)    IWF(54%)    QQQ(54%)    IVW(52%)
Factors Impacting SHOP price   SHOP will decline at least -1.495% in a week (0% probabilities).
VIXM(-12%)    UUP(-8%)    SHY(-5%)    TLT(-4%)    UNG(3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.495% (StdDev 2.99%)
Hourly BBV 0 ()
Intraday Trend 1.2%

1 - 5 Day Possible Target   $16.11(-39.96%)
Resistance Level   $28
5 Day Moving Average   $26.51(1.21%)
10 Day Moving Average   $27.2(-1.36%)
20 Day Moving Average   $28(-4.18%)
To recent high   -16.7%
To recent low   2.1%
Market Cap   $3.222b

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 5.79% (three month std-dev: 2.99%) daily (68% of days).

Sample size 3 Average positive next day return: 0.43%(33%) Average negative next day return: -2.03%(67%) Sample size 3 Average positive next three day return: 1.78%(67%) Average negative next three day return: -5.35%(33%) Sample size 3 Average positive next weekly return: 5.28%(33%) Average negative next weekly return: -1.85%(67%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20160103

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_3_2015	29.03	28	27.2	26.51	26.45	26.43	26.83(1.59%)	DP	OpenShort	-65	0.2	-10	-10	3	-47	0.61	32%	-0.27	-73.9	2.99%	0	-0.7	42	0
2	Dec_2_2015	29.11	28.23	27.31	26.44	26.48	26.31	26.41(0.49%)	DP	OpenShort	-75	-0	-19	-40	-7	-56	0.39	32%	-0.34	-67.7	3.01%	0	-1	44	0
3	Dec_1_2015	29.21	28.48	27.33	26.54	26.64	26.47	26.28(-0.23%)	DT	OpenShort	-75	-0.1	-32	-30	-19	-70	0.43	32%	-0.41	-63.8	3.07%	0	-1.2	41	0
4	Nov_30_2015	29.33	28.71	27.45	27.06	26.97	26.65	26.34(-1.39%)	DT	OpenShort	-75	-0.4	-29	-90	-16	-66	0.51	32%	-0.44	-57.8	3.13%	0	-1.3	36	0
5	Nov_27_2015	29.46	29	27.65	27.44	27.44	26.8	26.71(1.02%)	DP	OpenShort	-75	-0.4	-38	-160	-25	-75	0.31	32%	-0.37	0	3.19%	0	-1.2	33	0

6	Nov_25_2015	29.57	29.25	27.87	27.99	27.95	27.29	26.44(-1.89%)	DT	OpenShort	-75	-0.8	-35	-170	-23	-70	0.93	32%	-0.5	0	3.24%	0	-1.5	32	0
7	Nov_24_2015	29.72	29.49	28.06	28.3	28.41	28.07	26.95(-6.65%)	DT	OpenShort	-75	-0.8	-22	-70	-5	-71	1.19	32%	-0.44	0	3.31%	0	-1.4	33	0
8	Nov_23_2015	29.85	29.7	28.23	28.19	28.33	28.62	28.87(2.27%)	DP	OpenShort	-65	0.4	-15	90	10	-91	0.39	38%	-0.17	0	3.1%	0	-0.5	39	0
9	Nov_20_2015	29.9	29.81	28.34	27.88	27.8	28.76	28.23(-4.14%)	DP	OpenShort	-65	0.2	-16	230	14	-105	0.88	38%	-0.3	0	3.12%	0	-0.9	39	0
10	Nov_19_2015	29.99	29.81	28.64	27.9	27.53	28.05	29.45(5.18%)	UT	OpenLong	75	0.9	19	90	22	9	1.23	42%	-0.1	0	3.08%	0	17.2	38	0

11	Nov_18_2015	30.02	29.81	28.82	27.79	27.55	26.85	28(6.1%)	DP	OpenShort	-75	0.1	-6	-200	-7	-3	1.91	32%	-0.37	0	2.86%	0	15.9	34	0
12	Nov_17_2015	30.13	29.81	29.18	27.82	27.86	27.01	26.39(-3.51%)	DT	OpenShort	-75	-0.8	-39	-210	-46	-18	2.6	15%	-0.79	0	2.4%	0	15.2	28	0
13	Nov_16_2015	30.37	29.81	29.69	28.26	28.38	28.26	27.35(-3.46%)	DT	OpenShort	-75	-0.6	-27	-20	-32	-13	0.73	18%	-0.65	0	2.38%	0	18.1	31	0
14	Nov_13_2015	30.57	29.81	30.07	28.84	28.8	28.72	28.33(-1.84%)	DT	OpenShort	-75	-0.4	-17	-20	-20	-8	0.37	22%	-0.52	0	2.35%	0	21.3	35	0
15	Nov_12_2015	30.73	29.81	30.46	29.48	29.29	28.51	28.86(2.41%)	DP	OpenShort	-75	-0.5	-28	-210	-33	-13	0.54	22%	-0.45	0	2.42%	0	23.5	50	0

16	Nov_11_2015	30.87	29.81	30.75	30.03	30.08	28.88	28.18(-1.43%)	DT	OpenShort	-75	-1.6	-49	-270	-57	-23	0.31	22%	-0.74	0	2.36%	0	24.3	50	0
17	Nov_10_2015	31.1	29.81	31.07	30.75	31.04	30.07	28.59(-5.43%)	DT	OpenShort	-75	-2.4	-42	-190	-49	-20	0.34	22%	-0.73	0	2.45%	0	32.1	50	0
18	Nov_9_2015	31.33	29.81	31.35	31.32	31.77	31.29	30.23(-4.15%)	DT	OpenShort	-75	-2.2	-20	-60	-23	-9	0.3	32%	-0.35	0	2.04%	0	60.5	50	0
19	Nov_6_2015	31.44	29.81	31.45	31.46	31.81	32.01	31.54(-0.25%)	DT	OpenShort	-75	0.2	-12	80	-14	-6	0.4	48%	0.06	0	1.66%	0	85.2	50	0
20	Nov_5_2015	31.42	29.81	31.45	31.6	31.86	32.26	31.62(-0.41%)	UD	OpenLong	75	0.1	17	110	20	8	0.56	48%	0.06	0	1.76%	0	81.1	50	0

21	Nov_4_2015	31.4	29.81	31.45	31.59	31.75	31.62	31.75(0.99%)	UT	OpenLong	75	0.4	11	-10	13	5	0.96	48%	0.16	0	1.86%	0	77.4	50	0
22	Nov_3_2015	31.35	29.81	31.45	31.47	31.47	31.47	31.44(1.55%)	DP	OpenShort	-75	-0.1	-6	0	-7	-3	0.55	48%	0.06	0	1.99%	0	76.7	50	0
23	Nov_2_2015	31.33	29.81	31.45	31.39	31.43	31.88	30.96(-3.91%)	UD	OpenLong	75	-1	12	100	14	6	0.3	48%	-0.25	0	2.08%	0	68.8	50	0
24	Oct_30_2015	31.41	29.81	31.45	31.41	31.09	31.47	32.22(1.99%)	UT	OpenLong	75	1.8	539	50	634	254	0.26	97%	0.64	0	0.86%	0	71.6	50	0
25	Oct_29_2015	31.21	29.81	31.45	24.96	30.97	30.97	31.59(1.51%)	UT	OpenLong	75	30.1	834	720	981	392	0.17	95%		0	0.69%	0	143.6	50	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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