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Stock Trend Analysis Report

Prepared for you on Friday, January 28, 2022.

Shopify Inc. Class A Subordinate Voting Shares (NYSE:SHOP)

Strong Downtrend (-100) - SHOP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHOP continues to fall. 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
906.65 906.65 813.12 815.31 -53.61
Entry Signal

MarketClub’s Trade Triangles for SHOP

long term down The long-term trend has been DOWN since Dec 17th, 2021 at 1285.90

intermediate term down The intermediate-term trend has been DOWN since Dec 1st, 2021 at 1470.00

short term down The short-term trend has been DOWN since Jan 13th, 2022 at 1064.02

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
906.65 906.65 813.12 815.31 -53.61
Prev. Close Volume Bid Ask Time
815.76 2095150 2022-01-27 15:59:40
Year High176.599Year High Date2018-07-24
Year Low101.02Year Low Date2018-01-02
52wk High1762.918552wk High Date2021-11-19
52wk Low78052wk Low Date2022-01-24
Average Volume2,309,231Shares Outstanding116,429
Market Cap34,849MAssets135,365,180M
Liabilities216,624,100MP/E Ratio32.3741
Volatility77.18
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