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Stock Trend Analysis Report

Prepared for you on Tuesday, March 9, 2021.

Shopify, Inc Subordinate Voting Shares (NYSE:SHOP)

Weak Downtrend (-65) - SHOP is showing signs of a strengthening downtrend. Monitor SHOP as it may be building momentum to the downside.

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
1126.0400 1164.0000 1071.7627 1071.8100 -59.2000
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 down The intermediate-term trend has been DOWN since Mar 4th, 2021 at 1205.44

short term down The short-term trend has been DOWN since Mar 3rd, 2021 at 1237.00

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
1126.0400 1164.0000 1071.7627 1071.8100 -59.2000
Prev. Close Volume Bid Ask Time
1072.4300 2405639 2021-03-08 15:59:46
Year High176.599Year High Date2018-07-24
Year Low101.02Year Low Date2018-01-02
52wk High1499.7552wk High Date2021-02-10
52wk Low305.300152wk Low Date2020-03-18
Average Volume1,787,575Shares Outstanding116,429
Market Cap34,849MAssets509,843,900M
Liabilities469,500,000MVolatility77.18
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