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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.

NASDAQ_PRPL
Open High Low PRPL Price Change
3.830 3.990 3.700 3.945 +0.145
Entry Signal

MarketClub’s Trade Triangles for PRPL

long term down The long-term trend has been DOWN since Mar 4th, 2021 at 25.660

intermediate term up The intermediate-term trend has been UP since Aug 8th, 2022 at 3.915

short term down 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).

+55
Smart Scan Analysis for PRPL
Strong Downtrend Sideways 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 High13.9Year High Date2018-03-15
Year Low4.45Year Low Date2018-11-15
52wk High27.5352wk High Date2021-08-12
52wk Low2.952wk Low Date2022-07-27
Average Volume1,197,629Shares Outstanding83,212
Market Cap494MAssets640,949,000M
Liabilities415,444,000MP/E Ratio698
Volatility114.06
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