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Stock Trend Analysis Report

Prepared for you on Tuesday, July 14, 2020.

Shopify, Inc Subordinate Voting Shares (NYSE:SHOP)

Countertrend Up (+85) - SHOP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
970.00 998.00 901.74 955.74 -13.01
Entry Signal

MarketClub’s Trade Triangles for SHOP

long term up The long-term trend has been UP since Apr 20th, 2020 at 593.8900

intermediate term up The intermediate-term trend has been UP since Apr 14th, 2020 at 470.5700

short term down The short-term trend has been DOWN since Jul 13th, 2020 at 1002.5452

Smart Scan Analysis for SHOP

Based on our trend formula, SHOP is rated as a +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
970.00 998.00 901.74 955.74 -13.01
Prev. Close Volume Bid Ask Time
725.12 3190110 2020-07-14 15:11:05
Year High176.599Year High Date2018-07-24
Year Low101.02Year Low Date2018-01-02
52wk High84452wk High Date2020-05-26
52wk Low281.6952wk Low Date2019-06-26
Average Volume3,260,731Shares Outstanding116,429
Market Cap34,849MAssets318,893,500M
Liabilities368,876,000MP/E Ratio-674.4
Volatility77.18
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