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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Purple Innovation, Inc. (NASDAQ:PRPL)

Bear Market Rally (-75) - PRPL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PRPL as it may be in the beginning of a reversal.

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.

NASDAQ_PRPL
Open High Low PRPL Price Change
0.8700 0.9100 0.8700 0.8886 -0.0047
Entry Signal

MarketClub’s Trade Triangles for PRPL

long term down The long-term trend has been DOWN since Jun 4th, 2024 at 1.14

intermediate term down The intermediate-term trend has been DOWN since Dec 18th, 2024 at 0.85

short term up The short-term trend has been UP since Dec 20th, 2024 at 0.93

Smart Scan Analysis for PRPL

Based on our trend formula, PRPL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for PRPL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8700 0.9100 0.8700 0.8886 -0.0047
Prev. Close Volume Bid Ask Time
0.8933 416181 2024-12-26 14:42:59
Year High13.9Year High Date2018-03-15
Year Low4.45Year Low Date2018-11-15
52wk High2.3352wk High Date2024-03-04
52wk Low0.6952wk Low Date2024-01-19
Average Volume330,592Shares Outstanding107,710
Market Cap494MAssets309,273,000M
Liabilities281,306,000MP/E Ratio698
Volatility114.06
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