Trading Signals: SHOP Stock Price Prediction and Forecast

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Tue. Jun. 6, 2017

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

(Shopify Inc. )
SHOP latest price $98.6100 (1.16%) ($96.3700 - $99.7800) on Tue. Jun. 6, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.21% (three month average)
RSI   55
Latest Price   $98.6100(1.16%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SHOP advances 1.7% a day on average for past five trading days.
Weekly Trend   SHOP advances 2.9% a week on average for past two weeks.
Market Behavior   Broad based 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(55%)    IWF(55%)    QQQ(55%)
Factors Impacting SHOP price   SHOP will decline at least -1.105% in a week (0% probabilities).
VIXM(-9%)    UUP(-8%)    SHY(-5%)    IPO(-5%)    TLT(-3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.105% (StdDev 2.21%)
Hourly BBV 0 ()
Intraday Trend 1.7%

5 Day Moving Average   $95.78(2.95%)
10 Day Moving Average   $93.31(5.68%)
20 Day Moving Average   $92.51(6.59%)
To recent high   0%
To recent low   66.2%
Market Cap   $11.843b

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 3.06% (three month std-dev: 2.21%) daily (68% of days).

Sample size 13 Average positive next day return: 1.47%(38%) Average negative next day return: -1.62%(62%) Sample size 13 Average positive next three day return: 2.91%(54%) Average negative next three day return: -2.96%(46%) Sample size 13 Average positive next weekly return: 5.6%(62%) Average negative next weekly return: -2.31%(38%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170706

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	Jun_6_2017	69.98	92.51	93.31	95.78	95.98	97.88	98.61(1.16%)	UT	OpenLong	75	1	75	140	65	103	1.95	73%	0.42	108.2	2.21%	0	2.2	55	0
2	Jun_5_2017	69.69	91.91	92.38	94.18	94.25	96.73	97.48(-0.05%)	UD	OpenLong	75	1.2	91	190	95	77	2.13	73%	0.74	113.6	2.23%	0	2.1	55	0
3	Jun_2_2017	69.18	91.31	91.49	92.83	92.58	94.09	97.53(4.38%)	UT	OpenLong	75	1.7	73	110	84	38	3.17	73%	0.74	116.4	2.23%	0	2.3	56	0
4	Jun_1_2017	68.67	90.52	90.87	91.37	91.3	91.76	93.44(1.72%)	N/A	N/A	0	0.7	18	30	27	-9	1.83	71%	0.67	101.7	2.19%	0	0.9	53	0
5	May_31_2017	68.21	89.96	90.49	90.84	90.85	91.07	91.86(1.42%)	DP	OpenShort	-65	0.3	-1	20	10	-33	2.49	71%	0.68	96	2.23%	0	0.5	47	0

6	May_30_2017	67.75	89.54	90.73	90.47	90.76	90.84	90.57(-0.19%)	N/A	N/A	0	0	1	20	9	-25	1.97	71%	0.97	95.3	2.23%	0	0.3	55	0
7	May_26_2017	67.1	88.94	91.07	90.28	90.58	90.62	90.74(0.58%)	N/A	N/A	0	0.1	1	10	5	-11	1.1	68%	0.66	70.2	2.24%	0	0.3	61	0
8	May_25_2017	66.66	88.25	91.33	89.9	90.39	90.68	90.22(-0.65%)	UD	OpenLong	75	0.1	3	40	3	4	1.5	68%	0.71	59.1	2.26%	0	0.3	63	0
9	May_24_2017	66.19	87.46	91.52	90.28	90.14	90.54	90.81(0.88%)	UT	OpenLong	75	0.1	29	30	23	46	1.24	68%	0.75	54.3	2.27%	0	0.5	70	0
10	May_23_2017	65.7	86.67	91.74	90.09	89.31	90.1	90.02(0.47%)	UD	OpenLong	65	-0	12	40	-5	63	1.99	68%	0.38	53.2	2.28%	0	0.5	69	0

11	May_22_2017	65.45	86.03	91.7	91.07	89.56	89.74	89.6(0.82%)	UT	OpenLong	75	-0.2	27	-40	2	100	1.8	68%	0.74	59.7	2.3%	0	0.5	65	0
12	May_19_2017	64.97	85.37	91.49	92	90.76	88.52	88.87(-3.52%)	N/A	N/A	0	-0.4	0	-210	-43	129	7.89	69%	0.74	65.7	2.29%	0	0.5	72	0
13	May_18_2017	64.49	84.77	91.25	92.94	91.96	89.37	92.11(2.53%)	N/A	N/A	0	-0.1	-35	-230	-99	159	7.98	73%	0.78	73	2.25%	0	1	79	0
14	May_17_2017	63.99	83.97	90.26	92.92	93.35	93.01	89.84(-5.36%)	UD	OpenLong	65	-0.4	22	-10	-42	214	3.35	72%	0.76	77.1	2.26%	0	0.8	80	0
15	May_16_2017	63.51	83.13	89.53	93.57	93.47	94.55	94.93(0.73%)	UT	HoldLong	65	0.2	110	80	43	311	2.28	78%	0.51	81	2.12%	0	1.5	87	0

16	May_15_2017	63.19	81.95	88.33	92.41	92.67	93.69	94.24(0.71%)	UT	HoldLong	65	0.2	133	90	67	329	2.33	81%	0.88	81.4	2.12%	0	1.6	78	0
17	May_12_2017	62.64	80.8	86.66	90.92	91.19	92.39	93.58(1.7%)	UT	HoldLong	65	0.4	111	100	52	289	1.81	81%	0.9	82.8	2.28%	0	1.8	78	0
18	May_11_2017	62.08	79.62	84.92	89.31	89.64	91.66	92.02(-1.12%)	UD	OpenLong	75	0.4	132	170	84	277	2.86	81%	0.86	82.4	2.3%	0	1.8	75	0
19	May_10_2017	61.55	78.46	83.05	87.17	87.59	90	93.06(4.39%)	UT	HoldLong	65	0.9	140	210	105	243	2.26	81%	0.89	78.5	2.3%	0	2.3	78	0
20	May_9_2017	61.01	77.22	81.11	84.91	85.25	87.63	89.15(2.73%)	UT	HoldLong	65	0.7	119	210	89	207	2.52	79%	0.81	77	2.26%	0	2.1	79	0

21	May_8_2017	60.52	76.2	79.8	83.67	83.59	85.18	86.78(1.46%)	UT	HoldLong	65	0.6	118	130	89	206	2.04	78%	0.78	78.6	2.25%	0	2	78	0
22	May_5_2017	60.05	75.27	78.66	81.77	82.27	82.88	85.53(5.14%)	UT	HoldLong	65	0.8	94	70	66	179	1.86	78%	0.76	74.7	2.22%	0	2.1	77	0
23	May_4_2017	59.6	74.39	77.68	79.85	80.45	82.01	81.35(-0.45%)	UD	OpenLong	75	0.3	80	160	53	161	1.4	76%	0.69	69.6	2.17%	0	1.6	75	0
24	May_3_2017	59.19	73.71	77.12	78.2	78.58	81.67	81.72(-1.52%)	UD	OpenLong	75	0.8	128	290	112	176	2.18	76%	0.7	55.3	2.18%	0	1.9	78	0
25	May_2_2017	58.78	73.03	76.19	76.68	76.36	78.89	82.98(7.4%)	UT	HoldLong	65	1.6	130	220	119	163	6.15	76%		44.5	2.16%	0	2.5	82	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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