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Stock Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Shopify, Inc Subordinate Voting Shares (NYSE:SHOP)

Strong Uptrend (+100) - SHOP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SHOP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid SHOP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SHOP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_SHOP
Open High Low SHOP Price Change
1068.090 1079.270 1053.060 1065.042 +2.362
Entry Signal

MarketClub’s Trade Triangles for SHOP

long term up The long-term trend has been UP since Apr 20th, 2020 at 593.89

intermediate term up The intermediate-term trend has been UP since Nov 30th, 2020 at 1044.00

short term up The short-term trend has been UP since Nov 19th, 2020 at 936.00

Smart Scan Analysis for SHOP

Based on our trend formula, SHOP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for SHOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1068.090 1079.270 1053.060 1065.042 +2.362
Prev. Close Volume Bid Ask Time
941.720 483864 2020-12-04 12:00:55
Year High176.599Year High Date2018-07-24
Year Low101.02Year Low Date2018-01-02
52wk High1146.9152wk High Date2020-09-01
52wk Low282.0852wk Low Date2019-11-08
Average Volume1,381,473Shares Outstanding116,429
Market Cap34,849MAssets509,843,900M
Liabilities469,500,000MVolatility77.18
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