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Stock Trend Analysis Report
Prepared for you on Sunday, August 14, 2022.
Purple Innovation, Inc. (NASDAQ:PRPL)
Sidelines Mode (+55) - PRPL 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 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 4th, 2021 at 25.660
The intermediate-term trend has been UP since Aug 8th, 2022 at 3.915
The short-term trend has been DOWN since Aug 10th, 2022 at 3.560
Smart Scan Analysis for PRPL
Based on our trend formula, PRPL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.830 | 3.990 | 3.700 | 3.945 | +0.145 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.950 | 1464633 | 2022-08-12 15:59:50 |
| Year High | 13.9 | Year High Date | 2018-03-15 |
| Year Low | 4.45 | Year Low Date | 2018-11-15 |
| 52wk High | 27.53 | 52wk High Date | 2021-08-12 |
| 52wk Low | 2.9 | 52wk Low Date | 2022-07-27 |
| Average Volume | 1,197,629 | Shares Outstanding | 83,212 |
| Market Cap | 494M | Assets | 640,949,000M |
| Liabilities | 415,444,000M | P/E Ratio | 698 |
| Volatility | 114.06 |