Trading Signals: SHOP Stock Price Prediction and Forecast

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Tue. Apr. 19, 2016

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

(Shopify Inc. )
SHOP latest price $32.0500 (1.65%) ($31.5000 - $32.3900) on Tue. Apr. 19, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.54% (three month average)
RSI   85
Latest Price   $32.0500(1.65%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SHOP advances 1.5% a day on average for past five trading days.
Weekly Trend   SHOP advances 4.5% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Value stock rally 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 -1.77% in a week (0% probabilities).
VIXM(-11%)    UUP(-8%)    SHY(-5%)    TLT(-3%)    IPO(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.77% (StdDev 3.54%)
Hourly BBV 0 ()
Intraday Trend 0.4%

5 Day Moving Average   $31.06(3.19%)
10 Day Moving Average   $30.34(5.64%)
20 Day Moving Average   $29.17(9.87%)
To recent high   0%
To recent low   65.8%
Market Cap   $3.849b

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 5.14% (three month std-dev: 3.54%) daily (68% of days).

Sample size 41 Average positive next day return: 1.4%(44%) Average negative next day return: -1.9%(56%) Sample size 41 Average positive next three day return: 2.85%(46%) Average negative next three day return: -4.46%(54%) Sample size 41 Average positive next weekly return: 4.66%(39%) Average negative next weekly return: -3.5%(61%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20160519

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	Apr_19_2016	24.97	29.17	30.34	31.06	31.15	31.58	32.05(1.65%)	UT	HoldLong	65	0.7	36	110	20	84	0.48	56%	0.24	67.7	3.54%	0	1.9	85	0
2	Apr_18_2016	24.91	28.96	30.01	30.61	30.64	31.05	31.53(1.81%)	UT	HoldLong	65	0.7	31	100	16	74	0.62	56%	0.2	71	3.54%	0	1.9	80	0
3	Apr_15_2016	24.86	28.79	29.77	30.2	30.26	30.71	30.97(0.03%)	UT	HoldLong	65	0.6	28	110	14	70	0.29	54%	0.24	77.4	3.57%	0	1.8	80	0
4	Apr_14_2016	24.8	28.6	29.52	29.92	29.97	30.23	30.96(3.89%)	UT	HoldLong	65	0.9	28	70	14	70	0.63	52%	0.2	83	3.61%	0	2.1	83	0
5	Apr_13_2016	24.75	28.39	29.24	29.57	29.73	29.8	29.8(0.1%)	UT	HoldLong	65	0.2	20	30	4	67	0.5	46%	0.12	83.9	3.62%	0	1.3	83	0

6	Apr_12_2016	24.72	28.19	29.04	29.51	29.57	29.7	29.77(0.85%)	UT	OpenLong	75	0.2	20	40	5	64	0.41	46%	0.04	73.8	3.86%	0	1.4	65	0
7	Apr_11_2016	24.71	28.03	28.86	29.31	29.46	29.65	29.52(-0.1%)	UD	OpenLong	75	0.2	19	60	5	59	0.57	44%	0.04	73.7	3.86%	0	1.3	59	0
8	Apr_8_2016	24.7	27.89	28.67	29.26	29.27	29.44	29.55(1.16%)	UT	OpenLong	75	0.3	19	40	7	55	0.44	44%	0	81.3	3.91%	0	1.5	55	0
9	Apr_7_2016	24.7	27.68	28.42	29.04	29.19	29.27	29.21(-0.98%)	UD	OpenLong	75	0.2	18	30	8	49	0.32	44%	0.08	78.4	3.9%	0	1.4	62	0
10	Apr_6_2016	24.68	27.52	28.13	28.84	28.9	29.09	29.5(2.61%)	UT	OpenLong	75	0.6	16	50	8	41	0.49	44%	0.12	82.1	3.92%	0	1.8	65	0

11	Apr_5_2016	24.65	27.38	27.92	28.5	28.64	29.12	28.75(-1.88%)	UD	OpenLong	75	0.2	18	130	10	40	0.56	44%	0.04	99.2	3.91%	0	1.3	68	0
12	Apr_4_2016	24.64	27.24	27.84	28.34	28.42	28.7	29.3(2.99%)	UT	OpenLong	75	0.9	24	80	16	46	1.62	44%	0.04	113.6	3.9%	0	2	64	0
13	Apr_1_2016	24.63	27.03	27.73	28	28.04	28.16	28.45(0.85%)	UT	OpenLong	75	0.5	16	30	7	42	0.65	44%	0	123.5	3.89%	0	1.4	60	0
14	Mar_31_2016	24.63	26.82	27.6	27.71	27.88	28.14	28.21(1.58%)	UT	OpenLong	75	0.5	21	80	13	45	0.53	44%	0	117	3.92%	0	1.3	66	0
15	Mar_30_2016	24.63	26.64	27.46	27.3	27.6	27.91	27.77(-0.72%)	UD	OpenLong	75	0.4	14	110	7	34	0.54	46%	-0.04	114.9	3.92%	0	1	60	0

16	Mar_29_2016	24.64	26.4	27.28	27.25	27.28	27.61	27.97(1.38%)	UT	OpenLong	75	0.5	10	90	4	27	0.4	46%	-0.08	104.5	3.94%	0	1.1	56	0
17	Mar_28_2016	24.66	26.13	27.13	27.27	27.25	27.29	27.59(2.22%)	UT	OpenLong	75	0.2	8	10	-0	30	0.54	46%	-0.48	97.2	3.94%	0	0.9	59	0
18	Mar_24_2016	24.78	25.86	27.04	27.45	27.43	26.94	26.99(3.02%)	UD	OpenLong	65	-0.2	6	-130	-6	43	0.68	46%	-0.2	87.3	3.94%	0	0.6	60	0
19	Mar_23_2016	24.83	25.61	27.04	27.48	27.71	27.2	26.2(-4.76%)	UD	OpenLong	65	-0.6	4	-100	-12	50	0.38	46%	-0.2	83.1	3.92%	0	0.3	62	0
20	Mar_22_2016	24.88	25.37	26.9	27.6	27.75	27.91	27.51(-1.89%)	UD	OpenLong	75	-0	22	60	5	72	0.67	48%	-0.16	73.9	3.87%	0	0.9	68	0

21	Mar_21_2016	24.92	25.01	26.82	27.26	27.42	28.21	28.04(-1.58%)	UD	OpenLong	75	0.3	36	220	18	91	0.41	46%	-0.16	67.7	3.86%	0	1.2	76	0
22	Mar_18_2016	24.96	24.67	26.6	26.97	26.89	27.59	28.49(4.94%)	UT	HoldLong	65	0.6	43	170	22	104	1.46	44%	-0.12	67.9	3.89%	0	1.5	80	0
23	Mar_17_2016	24.99	24.27	26.26	26.61	26.5	26.63	27.15(1.31%)	UT	HoldLong	65	0.2	38	20	14	110	0.56	42%	-0.16	68.2	3.89%	0	1.2	79	0
24	Mar_16_2016	25.03	23.94	25.98	26.26	26.32	26.18	26.8(3.76%)	UT	HoldLong	65	0.2	29	-30	1	112	0.4	44%	-0.2	68.4	3.89%	0	1.2	79	0
25	Mar_15_2016	25.08	23.71	25.74	26.11	26.22	26.38	25.83(-2.82%)	UD	OpenLong	65	-0.1	28	60	-6	128	0.27	45%		72.9	3.88%	0	0.9	79	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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