Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Purple Innovation, Inc. (NASDAQ:PRPL)

Weak Downtrend (-65) - PRPL is showing signs of a strengthening downtrend. Monitor PRPL as it may be building momentum to the downside.

Is it time to buy, sell, or avoid PRPL?

MarketClub looks at technical strength and momentum to determine if the timing is right for PRPL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_PRPL
Open High Low PRPL Price Change
1.51 1.52 1.44 1.50 -0.03
Entry Signal

MarketClub’s Trade Triangles for PRPL

long term up The long-term trend has been UP since Feb 9th, 2024 at 1.390

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 1.455

short term down The short-term trend has been DOWN since Apr 25th, 2024 at 1.450

Smart Scan Analysis for PRPL

Based on our trend formula, PRPL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for PRPL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.51 1.52 1.44 1.50 -0.03
Prev. Close Volume Bid Ask Time
1.53 180304 2024-04-25 15:59:50
Year High13.9Year High Date2018-03-15
Year Low4.45Year Low Date2018-11-15
52wk High3.7852wk High Date2023-05-23
52wk Low0.545152wk Low Date2023-11-10
Average Volume603,128Shares Outstanding212,553
Market Cap494MAssets390,625,000M
Liabilities275,203,000MP/E Ratio698
Volatility114.06
Get a free daily analysis and signals for Purple Innovation, Inc. (PRPL) - Request Your Free Report.