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Stock Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

Shopify Inc. Class A 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
73.330 73.840 72.120 72.815 -0.515
Entry Signal

MarketClub’s Trade Triangles for SHOP

long term up The long-term trend has been UP since Nov 15th, 2023 at 67.6400

intermediate term up The intermediate-term trend has been UP since Nov 2nd, 2023 at 56.1962

short term up The short-term trend has been UP since Nov 14th, 2023 at 63.3400

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
73.330 73.840 72.120 72.815 -0.515
Prev. Close Volume Bid Ask Time
73.330 6649417 2023-11-30 15:59:52
Year High176.599Year High Date2018-07-24
Year Low101.02Year Low Date2018-01-02
52wk High75.0652wk High Date2023-11-29
52wk Low32.3552wk Low Date2022-12-27
Average Volume13,921,012Shares Outstanding1,278,956
Market Cap34,849MAssets109,640,000M
Liabilities250,700,000MP/E Ratio238.9683
Volatility77.18
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