Trend Table for SHOP - Shopify Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 1	A	Weak or Absent	Up	Up	Up	74.18%
Jul 31	A	Weak or Absent	Up	Up	Up	75.24%
Jul 28	A	Weak or Absent	Up	Up	Flat	78.60%
Jul 27	B	Weak or Absent	Up	Up	Down	84.38%
Jul 26	B	Weak or Absent	Up	Up	Down	82.79%
Jul 25	B	Weak or Absent	Up	Up	Down	82.32%
Jul 24	B	Weak or Absent	Up	Up	Down	79.12%
Jul 21	B	Weak or Absent	Up	Up	Down	80.03%
Jul 20	B	Weak or Absent	Up	Up	Down	81.07%
Jul 19	A	Strong	Up	Up	Up	73.62%