Stock Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
Purple Biotech Ltd. - American Depositary Shares (NASDAQ:PPBT)
Bear Market Rally (-75) - PPBT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PPBT as it may be in the beginning of a reversal.
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 Apr 16th, 2021 at 3.75
The intermediate-term trend has been UP since Apr 21st, 2021 at 4.52
The short-term trend has been DOWN since Apr 29th, 2021 at 4.41
Smart Scan Analysis for PPBT
Based on our trend formula, PPBT is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||14.4||52wk High Date||2020-06-29|
|52wk Low||3.292||52wk Low Date||2020-05-06|