Trading Signals: SHOP Stock Price Prediction and Forecast

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Fri. Jul. 29, 2016

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

(Shopify Inc. )
SHOP latest price $34.2700 (0%) ($33.5000 - $34.7600) on Fri. Jul. 29, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.71% (three month average)
RSI   72
Latest Price   $34.2700(0%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SHOP advances 0.9% a day on average for past five trading days.
Weekly Trend   SHOP advances 1.9% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal for small cap.
Correlated ETFs   Broad market will support SHOP advance at 0% a week (0% probability)
SKYY(59%)    ARKK(55%)    QQQ(55%)    IWF(54%)    IVW(52%)
Factors Impacting SHOP price   SHOP will decline at least -1.355% in a week (0% probabilities).
VIXM(-10%)    UUP(-8%)    IBUY(-5%)    SHY(-4%)    TLT(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.355% (StdDev 2.71%)
Hourly BBV 0 ()
Intraday Trend -0.1%

5 Day Moving Average   $33.38(2.67%)
10 Day Moving Average   $33.13(3.44%)
20 Day Moving Average   $32.33(6%)
To recent high   0%
To recent low   32%
Market Cap   $4.116b

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 3.4% (three month std-dev: 2.71%) daily (68% of days).

Sample size 26 Average positive next day return: 0.97%(50%) Average negative next day return: -1.41%(50%) Sample size 26 Average positive next three day return: 1.78%(42%) Average negative next three day return: -2.43%(58%) Sample size 26 Average positive next weekly return: 2.69%(38%) Average negative next weekly return: -2.9%(62%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20160829

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	Jul_29_2016	29.56	32.33	33.13	33.38	33.42	34.08	34.27(0%)	UT	HoldLong	50	0.8	28	140	20	50	0.67	60%	0.31	96.5	2.71%	0	1.8	72	0
2	Jul_28_2016	29.47	32.15	32.93	33.1	33.07	33.54	34.27(3.19%)	UT	HoldLong	65	1.1	31	100	24	51	1.05	60%	0.31	92	2.71%	0	2	76	0
3	Jul_27_2016	29.38	31.95	32.71	32.79	32.81	32.77	33.21(2.03%)	UT	HoldLong	65	0.4	14	-10	4	43	0.86	59%	0.2	92.3	2.68%	0	1.3	76	0
4	Jul_26_2016	29.32	31.72	32.59	32.77	32.76	32.6	32.55(-0.15%)	UD	OpenLong	65	-0.2	4	-40	-10	46	0.8	59%	0.24	72.3	2.68%	0	0.7	69	0
5	Jul_25_2016	29.25	31.47	32.58	32.91	32.92	32.86	32.6(-0.82%)	UD	OpenLong	75	-0.2	18	-10	1	70	0.54	59%	0.27	51.9	2.68%	0	0.7	70	0

6	Jul_22_2016	29.17	31.3	32.51	32.83	32.93	32.92	32.87(0.43%)	UT	OpenLong	75	0	21	10	3	75	1.64	59%	0.28	49.2	2.69%	0	1	70	0
7	Jul_21_2016	29.09	31.21	32.33	32.72	32.81	32.99	32.73(-1.09%)	UD	OpenLong	75	0	24	50	6	76	0.99	59%	0.31	58.1	2.69%	0	1	69	0
8	Jul_20_2016	29	31.06	32.11	32.59	32.63	32.93	33.09(-0.51%)	UD	OpenLong	75	0.3	29	70	13	76	1.24	59%	0.38	60.7	2.69%	0	1.4	76	0
9	Jul_19_2016	28.89	30.89	31.87	32.37	32.42	32.63	33.26(3.29%)	UT	HoldLong	65	0.6	28	50	10	82	1.57	59%	0.38	62.2	2.7%	0	1.6	85	0
10	Jul_18_2016	28.78	30.71	31.6	32.22	32.32	32.33	32.2(-0.37%)	UD	OpenLong	75	-0	28	10	4	100	0.78	57%	0.35	70.4	2.67%	0	1.1	87	0

11	Jul_15_2016	28.68	30.55	31.46	32.15	32.31	32.22	32.32(0.69%)	UT	OpenLong	75	0.1	34	-0	7	113	1.15	57%	0.39	72	2.68%	0	1.3	67	0
12	Jul_14_2016	28.57	30.35	31.3	31.89	32.12	32.31	32.1(0.34%)	UT	OpenLong	75	0.2	33	60	10	103	0.61	59%	0.39	63.3	2.68%	0	1.3	53	0
13	Jul_13_2016	28.46	30.17	31.12	31.54	31.77	32.41	31.99(-1.54%)	UD	OpenLong	75	0.3	39	160	20	96	0.59	59%	0.42	52.1	2.72%	0	1.4	59	0
14	Jul_12_2016	28.34	30.02	30.79	31.27	31.3	31.93	32.49(2.01%)	UT	OpenLong	75	1	42	140	29	82	1.45	59%	0.43	46.2	2.72%	0	2	60	0
15	Jul_11_2016	28.22	29.79	30.27	30.9	30.79	31.12	31.85(2.74%)	UT	OpenLong	75	0.8	23	60	15	46	1.05	59%	0.39	32.6	2.71%	0	1.7	59	0

16	Jul_8_2016	28.11	29.61	29.99	30.69	30.79	30.67	31(2.07%)	UT	OpenLong	75	0.3	13	10	5	35	0.89	58%	0.39	24.1	2.69%	0	1.2	60	0
17	Jul_7_2016	28	29.52	29.98	30.64	30.61	30.46	30.37(-0.91%)	UD	OpenLong	65	-0.3	11	-40	-2	51	0.31	58%	0.29	22.4	2.68%	0	0.8	61	0
18	Jul_6_2016	27.92	29.5	29.92	30.63	30.62	30.55	30.65(0.13%)	UT	OpenLong	75	0	22	-20	8	64	0.38	58%	0.4	18.5	2.68%	0	1.1	60	0
19	Jul_5_2016	27.81	29.45	29.84	30.21	30.45	30.76	30.61(-0.71%)	UD	OpenLong	75	0.4	34	100	26	59	0.66	58%	0.4	10.2	2.7%	0	1.1	57	0
20	Jul_1_2016	27.7	29.41	29.74	29.52	29.78	30.69	30.83(0.23%)	UT	OpenLong	75	1.3	31	240	27	43	0.55	58%	0.44	-2.4	2.71%	0	1.4	63	0

21	Jun_30_2016	27.58	29.34	29.55	29.17	29.03	30.15	30.76(1.45%)	UT	OpenLong	75	1.7	27	260	25	33	0.9	58%	0.4	-4.3	2.7%	0	1.5	61	0
22	Jun_29_2016	27.47	29.28	29.31	29.26	28.68	28.88	30.32(6.24%)	UT	OpenLong	75	1.1	20	-10	18	27	0.64	58%	0.4	6	2.69%	0	1.1	54	0
23	Jun_28_2016	27.36	29.31	29.13	29.16	28.91	27.91	28.54(5.08%)	DP	OpenShort	-75	-0.7	-18	-270	-23	-2	0.64	54%	0.29	22.2	2.59%	0	-0.8	44	0
24	Jun_27_2016	27.28	29.35	29.19	29.42	29.35	28.48	27.16(-6.57%)	DT	OpenShort	-75	-2.4	-38	-210	-48	-6	0.89	50%	0.18	42.3	2.53%	0	-2.3	39	0
25	Jun_24_2016	27.23	29.44	29.31	29.94	29.85	29.91	29.07(-6.83%)	N/A	N/A	0	-1	-0	10	-7	21	0.59	56%		80.9	2.41%	0	-0.4	45	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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