Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
Purple Innovation, Inc. (NASDAQ:PRPL)
Countertrend Down (-85) - PRPL is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for PRPL
The long-term trend has been DOWN since Mar 4th, 2021 at 25.66
The intermediate-term trend has been DOWN since Aug 31st, 2021 at 24.30
The short-term trend has been UP since Oct 19th, 2021 at 21.00
Smart Scan Analysis for PRPL
Based on our trend formula, PRPL is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.70 | 21.21 | 20.43 | 20.58 | +0.04 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20.54 | 186600 | 2021-10-19 11:19:26 |
| Year High | 13.9 | Year High Date | 2018-03-15 |
| Year Low | 4.45 | Year Low Date | 2018-11-15 |
| 52wk High | 41.08 | 52wk High Date | 2021-01-25 |
| 52wk Low | 19.6 | 52wk Low Date | 2021-10-18 |
| Average Volume | 1,324,370 | Shares Outstanding | 66,820 |
| Market Cap | 494M | Assets | 579,463,000M |
| Liabilities | 418,839,000M | P/E Ratio | 513.5 |
| Volatility | 114.06 |