Trend Table for SHOP - Shopify Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 1	F	Weak or Absent	Down	Down	Down	83.87%
Jul 31	F	Weak or Absent	Down	Down	Flat	74.77%
Jul 30	F	Weak or Absent	Down	Down	Down	80.68%
Jul 29	F	Weak or Absent	Down	Down	Down	78.65%
Jul 26	F	Weak or Absent	Down	Down	Down	78.45%
Jul 25	D	Weak or Absent	Down	Down	Down	79.95%
Jul 24	D	Weak or Absent	Down	Down	Down	80.46%
Jul 23	F	Weak or Absent	Down	Flat	Down	70.70%
Jul 22	F	Weak or Absent	Down	Flat	Down	70.62%
Jul 19	D	Weak or Absent	Down	Up	Down	69.35%