Trend Table for SHOP - Shopify Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 30	F	Weak or Absent	Down	Down	Down	82.29%
Jul 29	F	Weak or Absent	Down	Down	Down	80.23%
Jul 26	D	Weak or Absent	Down	Down	Down	80.25%
Jul 25	D	Weak or Absent	Down	Down	Down	81.85%
Jul 24	D	Weak or Absent	Down	Down	Down	82.58%
Jul 23	D	Weak or Absent	Down	Flat	Down	73.07%
Jul 22	D	Weak or Absent	Down	Flat	Down	73.29%
Jul 19	D	Weak or Absent	Down	Up	Down	72.29%
Jul 18	C	Weak or Absent	Down	Up	Down	72.69%
Jul 17	D	Weak or Absent	Down	Up	Down	68.50%