Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Saturday, June 22, 2024.

Purple Innovation, Inc. (NASDAQ:PRPL)

Long-Term Downtrend (-90) - PRPL is in a strong downtrend that is likely to continue. While PRPL is showing intraday strength, it remains in the confines of a bearish trend. 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.

NASDAQ_PRPL
Open High Low PRPL Price Change
0.8901 0.9062 0.8310 0.8686 -0.0215
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 May 15th, 2024 at 1.44

short term down The short-term trend has been DOWN since Jun 13th, 2024 at 1.05

Smart Scan Analysis for PRPL

Based on our trend formula, PRPL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for PRPL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8901 0.9062 0.8310 0.8686 -0.0215
Prev. Close Volume Bid Ask Time
0.8675 546179 2024-06-21 15:59:18
Year High13.9Year High Date2018-03-15
Year Low4.45Year Low Date2018-11-15
52wk High3.32552wk High Date2023-08-04
52wk Low0.545152wk Low Date2023-11-10
Average Volume431,779Shares Outstanding107,685
Market Cap494MAssets382,128,000M
Liabilities316,579,000MP/E Ratio698
Volatility114.06
Get a free daily analysis and signals for Purple Innovation, Inc. (PRPL) - Request Your Free Report.