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Stock Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
Purple Innovation, Inc. (NASDAQ:PRPL)
Strong Downtrend (-100) - PRPL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, PRPL continues to fall. Traders should use caution 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.
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MarketClub’s Trade Triangles for PRPL
The long-term trend has been DOWN since Mar 2nd, 2023 at 4.07
The intermediate-term trend has been DOWN since Aug 9th, 2023 at 2.78
The short-term trend has been DOWN since Sep 19th, 2023 at 2.19
Smart Scan Analysis for PRPL
Based on our trend formula, PRPL is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.57 | 1.67 | 1.51 | 1.52 | -0.05 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.51 | 688984 | 2023-09-27 15:58:25 |
| Year High | 13.9 | Year High Date | 2018-03-15 |
| Year Low | 4.45 | Year Low Date | 2018-11-15 |
| 52wk High | 6.76 | 52wk High Date | 2023-02-02 |
| 52wk Low | 1.56 | 52wk Low Date | 2023-09-26 |
| Average Volume | 853,837 | Shares Outstanding | 105,751 |
| Market Cap | 494M | Assets | 400,688,000M |
| Liabilities | 223,855,000M | P/E Ratio | 698 |
| Volatility | 114.06 |