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Stock Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

Shopify, Inc Subordinate Voting Shares (NYSE:SHOP)

Sidelines Mode (-55) - SHOP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
383.0000 417.5700 381.3100 414.4752 +35.9352
Entry Signal

MarketClub’s Trade Triangles for SHOP

long term down The long-term trend has been DOWN since Mar 17th, 2020 at 311.532

intermediate term down The intermediate-term trend has been DOWN since Feb 25th, 2020 at 457.250

short term up The short-term trend has been UP since Apr 7th, 2020 at 393.570

Smart Scan Analysis for SHOP

Based on our trend formula, SHOP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SHOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
383.0000 417.5700 381.3100 414.4752 +35.9352
Prev. Close Volume Bid Ask Time
430.3800 3323674 2020-04-08 15:59:56
Year High176.599Year High Date2018-07-24
Year Low101.02Year Low Date2018-01-02
52wk High593.8952wk High Date2020-02-12
52wk Low190.3852wk Low Date2019-04-04
Average Volume3,251,650Shares Outstanding110,393
Market Cap34,849MAssets318,893,500M
Liabilities368,876,000MP/E Ratio-605.3
Volatility77.18
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