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Stock Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

Shopify Inc. Class A Subordinate Voting Shares (NYSE:SHOP)

Bull Market Weakness (+75) - SHOP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SHOP as it may be in the beginning stages of a reversal.

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
1500.0000 1502.3155 1462.0200 1487.8600 +2.1200
Entry Signal

MarketClub’s Trade Triangles for SHOP

long term down The long-term trend has been DOWN since Oct 1st, 2021 at 1341.14

intermediate term up The intermediate-term trend has been UP since Oct 18th, 2021 at 1451.70

short term up The short-term trend has been UP since Oct 14th, 2021 at 1399.51

Smart Scan Analysis for SHOP

Based on our trend formula, SHOP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SHOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1500.0000 1502.3155 1462.0200 1487.8600 +2.1200
Prev. Close Volume Bid Ask Time
1487.4700 690595 2021-10-20 15:59:46
Year High176.599Year High Date2018-07-24
Year Low101.02Year Low Date2018-01-02
52wk High165052wk High Date2021-07-26
52wk Low87552wk Low Date2020-11-10
Average Volume813,627Shares Outstanding116,429
Market Cap34,849MAssets108,248,880M
Liabilities168,301,700MP/E Ratio116.3461
Volatility77.18
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