Trading Signals: SHOP Stock Price Prediction and Forecast (Mon. Oct. 26, 2015 - Fri. Dec. 22, 2023)(Shopify Inc. )
| SHOP latest price $134.1800 (0.96%) ($133.2000 - $136.5300) on Thu. Feb. 22, 2018. | |
| | Trend Analysis and Forecast | | | | Average Daily Percentage Swing | 2.92% (three month average) | | RSI | 58 | | Latest Price | $134.1800(0.96%) | | Stocks Behave Similarly | Similar Stock List | | Daily Trend | SHOP declines -0.5% a day on average for past five trading days. | | Weekly Trend | SHOP advances 5.8% 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)
IBUY(62%) SKYY(60%) ARKK(56%) IWF(55%) QQQ(55%) | | Factors Impacting SHOP price | SHOP will decline at least -1.46% in a week (0% probabilities).
UUP(-8%) VIXM(-7%) SHY(-5%) TLT(-3%) VXX(2%) | | | | | | | | Relative Volatility | (options are extremely cheap) | | | | | Market Trend Strength | -1.46% (StdDev 2.92%) | | Hourly BBV | 0 () | | Intraday Trend | 0.2% | | | | | |
|
| 5 Day Moving Average | $137.07(-2.11%) | | 10 Day Moving Average | $131.87(1.75%) | | 20 Day Moving Average | $128.43(4.48%) | | To recent high | -6% | | To recent low | 40.8% | | Market Cap | $16.114b | | | | | | |
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 Lütke, Daniel Weinand and Scott Lake on September 28, 2004 and is headquartered in Ottawa, Canada. |