Stock Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
Purple Biotech Ltd. - American Depositary Shares (NASDAQ:PPBT)
Sidelines Mode (-55) - PPBT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid PPBT?
MarketClub looks at technical strength and momentum to determine if the timing is right for PPBT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PPBT
The long-term trend has been DOWN since Nov 17th, 2023 at 0.9314
The intermediate-term trend has been DOWN since Nov 6th, 2023 at 1.1700
The short-term trend has been UP since Nov 29th, 2023 at 1.0499
Smart Scan Analysis for PPBT
Based on our trend formula, PPBT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.37||52wk High Date||2023-02-17|
|52wk Low||0.88||52wk Low Date||2023-11-17|