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Stock Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

Shopify, Inc Subordinate Voting Shares (NYSE:SHOP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYSE_SHOP
Open High Low SHOP Price Change
453.50 468.67 451.10 467.67 +16.56
Entry Signal

MarketClub’s Trade Triangles for SHOP

long term up The long term trend has been UP since Dec 16th, 2019 at 395.75

intermediate term up The intermediate term trend has been UP since Nov 26th, 2019 at 325.83

short term down The short term trend has been DOWN since Jan 27th, 2020 at 457.83

Smart Scan Analysis for SHOP

Based on a pre-defined weighted trend formula for chart analysis, SHOP scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for SHOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
453.50 468.67 451.10 467.67 +16.56
Prev. Close Volume Bid Ask Time
429.17 1497121 2020-01-28 15:59:50
Year High176.599Year High Date2018-07-24
Year Low101.02Year Low Date2018-01-02
52wk High438.5652wk High Date2020-01-10
52wk Low144.6952wk Low Date2019-01-14
Average Volume1,909,969Shares Outstanding110,393
Market Cap34,849MAssets246,729,800M
Liabilities306,114,000MP/E Ratio-605.3
Volatility77.18
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