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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.

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NASDAQ_PRPL
Open High Low PRPL Price Change
20.70 21.21 20.43 20.58 +0.04
Entry Signal

MarketClub’s Trade Triangles for PRPL

long term down The long-term trend has been DOWN since Mar 4th, 2021 at 25.66

intermediate term down The intermediate-term trend has been DOWN since Aug 31st, 2021 at 24.30

short term up 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).

-85
Smart Scan Analysis for PRPL
Strong Downtrend Sideways 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 High13.9Year High Date2018-03-15
Year Low4.45Year Low Date2018-11-15
52wk High41.0852wk High Date2021-01-25
52wk Low19.652wk Low Date2021-10-18
Average Volume1,324,370Shares Outstanding66,820
Market Cap494MAssets579,463,000M
Liabilities418,839,000MP/E Ratio513.5
Volatility114.06
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