Trading Signals: SHOP Stock Price Prediction and Forecast

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Thu. Jul. 13, 2017

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

(Shopify Inc. )
SHOP latest price $93.0200 (-1.75%) ($92.5100 - $96.8000) on Thu. Jul. 13, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.72% (three month average)
RSI   52
Latest Price   $93.0200(-1.75%)
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 0.9% a week on average for past two weeks.
Market Behavior   Value stock rally 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 -1.36% 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   -1.36% (StdDev 2.72%)
Hourly BBV 0 ()
Intraday Trend -2.8%

5 Day Moving Average   $91.79(1.34%)
10 Day Moving Average   $89.43(4.01%)
20 Day Moving Average   $89.56(3.86%)
To recent high   -5.9%
To recent low   31.7%
Market Cap   $11.171b

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 3.1% (three month std-dev: 2.72%) daily (68% of days).

Sample size 3 Average positive next day return: 0.25%(67%) Average negative next day return: -0.15%(33%) Sample size 3 Average positive next three day return: 2.09%(67%) Average negative next three day return: -4.91%(33%) Sample size 3 Average positive next weekly return: 8.56%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170813

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_13_2017	79.55	89.56	89.43	91.79	92.3	94.01	93.02(-1.75%)	UD	OpenLong	75	0.4	55	150	59	42	1.79	63%	0.38	17.7	2.72%	0	1.2	52	INF
2	Jul_12_2017	79.25	89.17	89.03	90.43	90.69	92.35	94.68(3.71%)	UT	OpenLong	75	1.5	53	140	63	21	1.76	63%	0.41	-14.3	2.71%	0	2	54	INF
3	Jul_11_2017	78.93	88.77	89.03	89.12	88.97	90.58	91.29(0.33%)	N/A	N/A	0	0.9	35	120	49	-7	1.26	61%	0.16	-50.7	2.68%	0	1	54	INF
4	Jul_10_2017	78.8	88.63	88.21	88.06	87.97	89.03	90.99(2.25%)	N/A	N/A	0	1.2	31	80	48	-19	1.28	61%	0.39	-79.7	2.69%	0	1	51	INF
5	Jul_7_2017	78.49	88.62	88.46	87.24	87.1	87.36	88.99(3.22%)	N/A	N/A	0	0.7	6	20	17	-27	1.02	61%	0.36	-98.6	2.68%	0	0.1	55	INF

6	Jul_6_2017	78.21	89.06	88.67	86.72	86.72	86.91	86.21(-2.16%)	DT	OpenShort	-75	-0.2	-12	20	-5	-31	1.21	60%	0.35	-71.7	2.65%	0	-0.9	54	INF
7	Jul_5_2017	77.94	89.58	89.18	87.39	86.78	86.83	88.11(2.45%)	N/A	N/A	0	0.2	3	-20	5	-5	1.78	60%	0.71	-54.9	2.63%	0	-0.4	57	INF
8	Jul_3_2017	77.39	90.06	89.28	87.17	87.01	86.53	86(-1.04%)	DT	OpenShort	-75	-0.3	-21	-40	-23	-15	0.89	60%	0.4	-40.6	2.61%	0	-0.9	50	INF
9	Jun_30_2017	77.08	90.62	89.77	88.38	87.73	86.74	86.9(0.58%)	DP	OpenShort	-75	-0.3	-37	-100	-48	-3	1.7	56%	0.43	-25.9	2.6%	0	-0.8	48	INF
10	Jun_29_2017	76.75	91.14	89.84	89.9	89.48	87.49	86.4(-3.49%)	N/A	N/A	0	-0.8	-34	-170	-48	8	2.72	56%	0.44	-9.8	2.68%	0	-1.1	43	INF

11	Jun_28_2017	76.41	91.51	89.83	90.89	90.96	88.72	89.52(2.85%)	DP	OpenShort	-75	-0.3	-52	-170	-64	-14	2.05	60%	0.49	-0.9	2.64%	0	-0.5	36	INF
12	Jun_27_2017	76.04	91.64	89.46	91.24	91.75	91.46	87.04(-5.43%)	DT	OpenShort	-75	-1	-36	-10	-39	-26	2.18	60%	0.46	3.3	2.64%	0	-1.1	36	INF
13	Jun_26_2017	75.69	91.85	89.5	91.62	92.01	93.2	92.04(-2.58%)	N/A	N/A	0	0.1	23	100	36	-18	1.95	63%	0.54	7.1	2.55%	0	0	39	INF
14	Jun_23_2017	75.28	91.79	89.16	91.32	91.14	92.04	94.48(3.4%)	RB	SmallLong	20	0.8	26	60	48	-39	1.46	65%	0.57	7	2.52%	0	0.6	44	INF
15	Jun_22_2017	74.85	91.57	88.76	89.81	90.28	90.82	91.37(0.13%)	N/A	N/A	0	0.4	6	60	35	-82	1.01	64%	0.55	-4.9	2.5%	0	-0	38	INF

16	Jun_21_2017	74.44	91.55	89.38	88.63	89.2	90.25	91.25(2.6%)	N/A	N/A	0	0.6	10	100	41	-85	1.5	62%	0.55	-11.7	2.5%	0	-0.1	47	INF
17	Jun_20_2017	74.03	91.5	89.86	87.45	87.51	89.75	88.94(-1.79%)	N/A	N/A	0	0.4	13	180	47	-88	1.55	62%	0.53	-24.8	2.52%	0	-0.6	47	INF
18	Jun_19_2017	73.64	91.56	90.75	87.05	86.57	88.15	90.56(4.18%)	N/A	N/A	0	0.8	32	110	66	-70	2.18	62%	0.55	-32.7	2.52%	0	-0.2	52	INF
19	Jun_16_2017	73.24	91.49	91.38	86.72	86.07	85.28	86.93(1.7%)	DP	OpenShort	-75	0.1	-26	-90	-5	-90	2.5	62%	0.51	-39.8	2.5%	0	-1.1	46	INF
20	Jun_15_2017	72.87	91.78	92.44	87.62	86.32	84.99	85.48(0.14%)	DP	OpenShort	-75	-0.5	-97	-150	-96	-99	2.9	62%	0.47	-35.5	2.49%	0	-1.6	44	INF

21	Jun_14_2017	72.53	92.04	93.32	90.29	89.18	86.85	85.36(-1.81%)	DT	OpenShort	-75	-1.3	-64	-220	-70	-46	2.12	62%	0.51	-22.5	2.49%	0	-1.8	43	INF
22	Jun_13_2017	72.16	92.54	94.09	92.62	92	87.64	86.93(-2.2%)	DT	OpenShort	-75	-1.6	-106	-350	-130	-32	3.96	62%	0.53	1	2.49%	0	-1.6	48	INF
23	Jun_12_2017	71.78	92.93	94.58	94.96	94.67	91.51	88.89(-2.8%)	N/A	N/A	0	-1.8	-107	-240	-143	0	5.24	62%	0.56	31.2	2.47%	0	-1.2	52	INF
24	Jun_9_2017	71.38	93.18	94.87	96.67	97.16	96.36	91.45(-7.48%)	N/A	N/A	0	-1.6	-19	-40	-49	71	4.66	66%	0.59	59.9	2.45%	0	-0.5	60	INF
25	Jun_8_2017	70.96	93.23	94.83	97.89	97.85	97.83	98.84(1.91%)	UT	OpenLong	75	0.3	41	-0	14	122	1.4	73%		87.7	2.24%	0	1.8	67	INF
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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