Trading Signals: SHOP Stock Price Prediction and Forecast

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Mon. Oct. 31, 2016

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

(Shopify Inc. )
SHOP latest price $41.4500 (1.49%) ($40.8600 - $41.7500) on Mon. Oct. 31, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.28% (three month average)
RSI   46
Latest Price   $41.4500(1.49%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SHOP declines -1.1% a day on average for past five trading days.
Weekly Trend   SHOP declines -0.5% a week on average for past two weeks.
Market Behavior   Normal for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support SHOP advance at 0% a week (0% probability)
IBUY(61%)    SKYY(60%)    ARKK(55%)    IWF(55%)    QQQ(55%)
Factors Impacting SHOP price   SHOP will decline at least -1.14% in a week (0% probabilities).
VIXM(-9%)    UUP(-8%)    SHY(-5%)    TLT(-3%)    UNG(2%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.14% (StdDev 2.28%)
Hourly BBV 0 ()
Intraday Trend 1%

1 - 5 Day Possible Target   $38.56(-6.97%)
Resistance Level   $42.82
5 Day Moving Average   $42.03(-1.38%)
10 Day Moving Average   $42.61(-2.72%)
20 Day Moving Average   $42.82(-3.2%)
To recent high   -6.9%
To recent low   23.6%
Market Cap   $4.978b

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 2.13% (three month std-dev: 2.28%) daily (68% of days).

Sample size 10 Average positive next day return: 1.43%(70%) Average negative next day return: -1.18%(30%) Sample size 10 Average positive next three day return: 1.99%(60%) Average negative next three day return: -0.91%(40%) Sample size 10 Average positive next weekly return: 3.13%(70%) Average negative next weekly return: -0.53%(30%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20161201

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	Oct_31_2016	37.89	42.82	42.61	42.03	42	41.21	41.45(1.49%)	DP	OpenShort	-75	-0.6	-29	-130	-30	-25	0.66	70%	0.34	-31.9	2.28%	0	-1.5	46	0
2	Oct_28_2016	37.76	42.91	42.69	42.51	42.62	41.75	40.84(-1.23%)	DT	OpenShort	-75	-2	-38	-140	-43	-24	0.81	72%	0.29	-20.2	2.28%	0	-2.4	34	0
3	Oct_27_2016	37.65	43.03	42.91	43.04	43.3	42.79	41.35(-3.9%)	DT	OpenShort	-75	-2.4	-21	-60	-25	-7	0.6	72%	0.32	-6.1	2.3%	0	-2.4	33	0
4	Oct_26_2016	37.53	43.12	43.01	43.4	43.5	43.5	43.03(-1.06%)	N/A	N/A	0	-0.6	-5	10	-8	3	0.68	78%	0.35	2.8	2.24%	0	-0.1	46	0
5	Oct_25_2016	37.4	43.1	42.95	43.47	43.49	43.81	43.49(-0.84%)	UD	OpenLong	75	0	12	50	13	7	0.46	78%	0.38	-6.8	2.24%	0	0.6	47	0

6	Oct_24_2016	37.26	43.12	42.83	43.27	43.34	43.5	43.86(0.87%)	N/A	N/A	0	0.9	14	30	20	-4	0.33	78%	0.38	-6.2	2.24%	0	1.2	52	0
7	Oct_21_2016	37.12	43.08	42.8	42.9	42.99	43.5	43.48(0.76%)	N/A	N/A	0	1	0	40	6	-18	0.33	78%	0.38	-21.1	2.24%	0	0.7	53	0
8	Oct_20_2016	36.98	43.07	42.86	42.77	42.75	43.18	43.15(-0.55%)	N/A	N/A	0	0.6	8	70	14	-12	0.25	78%	0.33	-13.2	2.25%	0	0.1	52	0
9	Oct_19_2016	36.86	43.1	42.9	42.56	42.63	42.8	43.39(2.14%)	N/A	N/A	0	1.2	12	30	20	-14	0.5	79%	0.38	-7.5	2.24%	0	0.4	53	0
10	Oct_18_2016	36.72	43.1	42.92	42.36	42.26	42.31	42.48(1.09%)	DP	OpenShort	-75	0.2	-8	0	-2	-24	0.23	79%	0.16	8	2.26%	0	-1	49	0

11	Oct_17_2016	36.66	43.15	43.02	42.32	42.2	42.47	42.02(-1.87%)	DT	OpenShort	-75	-0.4	-11	40	-5	-29	0.44	79%	0.38	18.8	2.26%	0	-1.6	37	0
12	Oct_14_2016	36.52	43.21	43.13	42.67	42.47	42.21	42.82(1.73%)	DP	OpenShort	-75	0.2	-9	-60	-5	-19	0.5	79%	0.41	39.2	2.25%	0	-0.5	48	0
13	Oct_13_2016	36.37	43.21	43.15	42.97	42.85	41.94	42.09(-0.71%)	DT	OpenShort	-75	-1.1	-31	-160	-33	-23	0.92	79%	0.41	50.8	2.24%	0	-1.3	41	0
14	Oct_12_2016	36.22	43.15	43.25	43.29	43.47	42.73	42.39(0.21%)	DP	OpenShort	-75	-1	-29	-110	-33	-17	0.34	79%	0.42	47.8	2.25%	0	-0.8	39	0
15	Oct_11_2016	36.07	43.09	43.3	43.57	43.83	43.76	42.3(-3.27%)	DT	OpenShort	-75	-1.2	-15	10	-16	-10	0.56	80%	0.45	41.4	2.26%	0	-0.8	35	0

16	Oct_10_2016	35.91	43.02	43.47	43.79	43.97	44.2	43.73(-1.42%)	UD	OpenLong	75	-0.1	13	50	12	17	0.43	85%	0.5	35.8	2.22%	0	0.7	59	0
17	Oct_7_2016	35.73	42.92	43.41	43.65	43.79	43.91	44.36(1.56%)	UT	OpenLong	75	0.6	13	30	13	14	0.74	85%	0.53	27.2	2.22%	0	1.3	59	0
18	Oct_6_2016	35.54	42.76	43.3	43.36	43.53	43.74	43.68(-0.21%)	UD	OpenLong	75	0.3	8	50	6	12	0.31	85%	0.48	22.8	2.22%	0	0.9	65	0
19	Oct_5_2016	35.37	42.72	43.31	43.22	43.37	43.68	43.77(0.83%)	UT	OpenLong	75	0.5	16	60	14	22	0.49	85%	0.51	28	2.22%	0	1	63	0
20	Oct_4_2016	35.19	42.67	43.36	43.01	43.22	43.33	43.41(0.88%)	UT	OpenLong	75	0.4	14	30	8	33	0.56	85%	0.49	29.7	2.23%	0	0.7	66	0

21	Oct_3_2016	35.02	42.65	43.36	43.11	42.91	43.05	43.03(0.26%)	UD	OpenLong	65	-0.1	9	10	-3	43	0.58	85%	0.49	40.1	2.24%	0	0.4	66	0
22	Sep_30_2016	34.85	42.62	43.28	43.14	43.02	43.1	42.92(-0.09%)	UD	OpenLong	75	-0.2	18	0	5	56	0.38	85%	0.49	45.5	2.24%	0	0.3	58	0
23	Sep_29_2016	34.68	42.51	43.15	43.23	43.05	42.76	42.96(0.49%)	UD	OpenLong	65	-0.2	9	-60	-8	58	0.67	87%	0.49	45.2	2.25%	0	0.4	61	0
24	Sep_28_2016	34.51	42.44	43.05	43.41	43.13	42.93	42.75(-2.55%)	N/A	N/A	0	-0.6	-4	-50	-22	50	1.47	88%	0.47	51.1	2.35%	0	0.3	48	0
25	Sep_27_2016	34.35	42.37	42.89	43.76	43.65	43.34	43.87(1.55%)	UT	OpenLong	75	0.1	20	-60	5	63	0.46	83%		57.9	2.38%	0	1.3	54	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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