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Stock Trend Analysis Report

Prepared for you on Sunday, April 11, 2021.

Shopify Inc (TSE:SHOP)

Crossroads (+60) - SHOP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

TSE_SHOP
Open High Low SHOP Price Change
1520.81 1546.89 1495.00 1537.38 +0.54
Entry Signal

MarketClub’s Trade Triangles for SHOP

long term down The long-term trend has been DOWN since Mar 5th, 2021 at 1299.99

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2021 at 1490.00

short term up The short-term trend has been UP since Mar 31st, 2021 at 1363.44

Smart Scan Analysis for SHOP

Based on our trend formula, SHOP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SHOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1520.81 1546.89 1495.00 1537.38 +0.54
Prev. Close Volume Bid Ask Time
1537.03 102198 2021-04-09 15:59:52
Year High232.65Year High Date2018-06-20
Year Low126.65Year Low Date2018-01-02
52wk High232.6552wk High Date2018-06-20
52wk Low117.1152wk Low Date2017-12-05
Average Volume346,160Volatility76.7
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