Trend Table for SHOP - Shopify Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 22	B	Strong	Up	Up	Flat	46.74%
Dec 21	B	Strong	Up	Up	Flat	47.81%
Dec 20	B	Strong	Up	Up	Flat	48.31%
Dec 19	B	Strong	Up	Up	Up	43.04%
Dec 18	A	Strong	Up	Up	Up	44.70%
Dec 15	A	Strong	Up	Up	Up	45.08%
Dec 14	A	Strong	Up	Up	Up	43.84%
Dec 13	B	Strong	Up	Up	Up	49.88%
Dec 12	B	Strong	Up	Up	Flat	51.69%
Dec 11	B	Strong	Up	Up	Flat	51.17%