Trading Signals: SHOP Stock Price Prediction and Forecast

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Thu. Sep. 13, 2018

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

(Shopify Inc. )
SHOP latest price $155.5000 (1.55%) ($153.9500 - $158.5000) on Thu. Sep. 13, 2018.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.84% (three month average)
RSI   71
Latest Price   $155.5000(1.55%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   SHOP advances 3% a day on average for past five trading days.
Weekly Trend   SHOP advances 2% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support SHOP advance at 0% a week (0% probability)
IBUY(62%)    ONLN(60%)    SKYY(60%)    ARKK(56%)    IWF(56%)
Factors Impacting SHOP price   SHOP will decline at least -1.42% in a week (0% probabilities).
VXX(-10%)    UUP(-9%)    VIXM(-6%)    SHY(-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   -1.42% (StdDev 2.84%)
Hourly BBV 0 ()
Intraday Trend 1%

5 Day Moving Average   $147.83(5.19%)
10 Day Moving Average   $145.19(7.1%)
20 Day Moving Average   $142.53(9.1%)
To recent high   -10.5%
To recent low   16.5%
Market Cap   $18.675b

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 4.01% (three month std-dev: 2.84%) daily (68% of days).

Sample size 17 Average positive next day return: 4.3%(59%) Average negative next day return: -1.28%(41%) Sample size 17 Average positive next three day return: 6.35%(65%) Average negative next three day return: -6.48%(35%) Sample size 17 Average positive next weekly return: 8.42%(47%) Average negative next weekly return: -5.06%(53%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20181013

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	Sep_13_2018	149.87	142.53	145.19	147.83	147.85	152.85	155.5(1.55%)	UT	OpenLong	75	1.3	155	240	170	111	1.26	33%	0.25	20	2.84%	0	2.3	71	1.6
2	Sep_12_2018	149.5	141.64	144.03	143.56	142.96	147.32	153.13(3.63%)	UT	OpenLong	75	2	114	200	128	70	1.71	36%	0.2	-4.4	2.83%	0	2.4	69	1
3	Sep_11_2018	149.2	141.12	143.1	140.93	139.57	142.84	147.76(3.96%)	UT	OpenLong	75	1.6	76	140	86	47	1.32	33%	0.17	-20.1	2.82%	0	1.6	70	0.9
4	Sep_10_2018	148.94	140.83	142.66	140.64	138.73	138.6	142.13(1.06%)	UT	OpenLong	75	0.4	28	-50	26	32	1.06	30%	0.1	-22.9	2.78%	0	0.3	60	0.2
5	Sep_7_2018	148.79	141.13	142.53	141.35	139.85	136.29	140.64(4.85%)	N/A	N/A	0	-0.2	-56	-210	-75	3	2.04	30%	0.1	-8.6	2.78%	0	-0.1	57	-0.7

6	Sep_6_2018	148.64	141.4	142.29	142.18	142.07	138.87	134.13(-4.17%)	DT	OpenShort	-75	-1.8	-90	-160	-117	-7	1.83	25%	0.04	-0.6	2.72%	0	-1.6	45	-0.4
7	Sep_5_2018	148.58	141.86	142.79	144.39	144.1	143.41	139.97(-4.35%)	N/A	N/A	0	-1.1	-29	-40	-51	39	2.36	27%	0.1	21.4	2.7%	0	-0.5	54	0.3
8	Sep_4_2018	148.43	141.96	142.26	145.39	145.14	145.27	146.34(0.46%)	UT	OpenLong	75	0.2	26	0	14	60	0.91	33%	0.41	32.3	2.67%	0	1.1	51	0.5
9	Aug_31_2018	147.83	141.72	141.23	144.93	144.91	144.8	145.67(0.59%)	UT	OpenLong	75	0.2	17	-10	8	44	0.67	33%	0.18	24.3	2.71%	0	1	53	0.1
10	Aug_30_2018	147.57	141.5	140.36	143.92	144.31	145	144.81(-0.23%)	UD	OpenLong	75	0.2	21	40	20	23	0.81	33%	0.17	-4.5	2.71%	0	0.9	41	0.8

11	Aug_29_2018	147.32	141.43	139.75	142.45	143.13	145.03	145.15(0.1%)	UT	OpenLong	75	0.7	42	110	52	13	0.95	33%	0.16	-44.7	2.72%	0	1	47	1.3
12	Aug_28_2018	147.09	140.99	139.07	140.95	141.42	143.63	145(0.67%)	UT	OpenLong	75	1.1	64	120	83	7	1.29	33%	0.18	-98.2	2.72%	0	1	52	1
13	Aug_27_2018	146.83	140.64	138.88	138.64	139.01	141.22	144.04(2.46%)	N/A	N/A	0	1.3	45	120	66	-17	1.39	33%	0.18	-140.8	2.74%	0	0.8	53	0.9
14	Aug_24_2018	146.56	140.79	138.66	137.02	137.13	139.21	140.58(2.25%)	RB	SmallLong	20	0.6	35	110	58	-34	1.21	33%	0.14	-125.6	2.73%	0	-0	48	1
15	Aug_23_2018	146.35	141.67	139.4	136.34	136.19	136.79	137.49(-0.1%)	N/A	N/A	0	0.1	13	30	31	-42	1.04	33%	0.12	-94.9	2.72%	0	-0.5	44	1

16	Aug_22_2018	146.18	143.18	140.25	136.68	136.11	135.05	137.63(3.14%)	DP	OpenShort	-75	0.1	-33	-70	-25	-58	1.27	31%	0.12	-76.3	2.73%	0	-0.5	41	1.2
17	Aug_21_2018	146	144.87	140.77	136.94	137.36	135.59	133.44(-1.86%)	DT	OpenShort	-75	-0.3	-57	-80	-56	-61	1.43	28%	0.08	-68.8	2.74%	0	-1	50	0.7
18	Aug_20_2018	145.89	146.56	141.68	139.12	138.84	137.16	135.97(-0.89%)	DT	OpenShort	-75	-0.3	-58	-90	-64	-41	1.52	28%	-0.07	-60.1	2.74%	0	-0.9	50	1.1
19	Aug_17_2018	145.99	148.35	142.36	140.5	140.76	139.13	137.19(-1.42%)	DT	OpenShort	-75	-0.3	-54	-80	-60	-36	1.26	28%	0.09	-52.6	2.74%	0	-0.9	39	0.9
20	Aug_16_2018	145.86	150.03	142.9	142.91	142.85	140.51	139.16(0.17%)	DP	OpenShort	-75	-0.3	-56	-120	-61	-41	0.92	28%	0.12	-45.2	2.76%	0	-0.8	31	0.2

21	Aug_15_2018	145.68	151.61	143.41	144.37	144.65	142.38	138.92(-3.78%)	DT	OpenShort	-75	-0.4	-65	-100	-65	-66	1.82	28%	0.07	-40.8	2.76%	0	-0.9	26	-1.4
22	Aug_14_2018	145.58	153.17	143.28	145.12	145.57	145.19	144.38(1.06%)	DP	OpenShort	-75	-0.1	-43	-10	-25	-95	1.23	29%	0.05	-36.8	2.71%	0	-0.6	27	0.4
23	Aug_13_2018	145.5	154.38	142.69	144.58	145.23	146.91	142.87(-4.26%)	DT	HoldShort	-50	-0.1	-9	90	28	-118	1.28	29%	0.01	-35.3	2.72%	0	-0.8	31	-1
24	Aug_10_2018	145.49	155.52	143.15	144.42	144.41	145.95	149.22(1.9%)	N/A	N/A	0	0.4	19	70	71	-138	1.32	31%	0.03	-34.1	2.67%	0	-0.5	32	0.6
25	Aug_9_2018	145.45	156.36	144	142.95	142.83	143.54	146.44(2.62%)	DP	OpenShort	-65	0.3	-33	30	18	-187	0.88	31%		-34.2	2.66%	0	-0.7	31	1.8
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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