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Stock Trend Analysis Report

Prepared for you on Friday, May 7, 2021.

Shopify, Inc Subordinate Voting Shares (NYSE:SHOP)

Long-Term Downtrend (-90) - SHOP is in a strong downtrend that is likely to continue. While SHOP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
1118.2000 1128.5889 1093.0500 1109.4550 +18.5250
Entry Signal

MarketClub’s Trade Triangles for SHOP

long term down The long-term trend has been DOWN since Mar 26th, 2021 at 1017.0000

intermediate term down The intermediate-term trend has been DOWN since May 4th, 2021 at 1087.2600

short term down The short-term trend has been DOWN since May 3rd, 2021 at 1175.5501

Smart Scan Analysis for SHOP

Based on our trend formula, SHOP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SHOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1118.2000 1128.5889 1093.0500 1109.4550 +18.5250
Prev. Close Volume Bid Ask Time
1090.9300 1302072 2021-05-07 15:02:30
Year High176.599Year High Date2018-07-24
Year Low101.02Year Low Date2018-01-02
52wk High1499.7552wk High Date2021-02-10
52wk Low68552wk Low Date2020-05-27
Average Volume1,366,805Shares Outstanding116,429
Market Cap34,849MAssets108,248,880M
Liabilities168,301,700MP/E Ratio85.4291
Volatility77.18
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