Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for PRPL
The long-term trend has been DOWN since Jun 4th, 2024 at 1.1400
The intermediate-term trend has been DOWN since Sep 9th, 2024 at 1.0200
The short-term trend has been DOWN since Nov 15th, 2024 at 0.8262
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.8218 | 0.8500 | 0.8150 | 0.8436 | +0.0272 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8498 | 271365 | 2024-11-19 15:59:33 |
| Year High | 13.9 | Year High Date | 2018-03-15 |
| Year Low | 4.45 | Year Low Date | 2018-11-15 |
| 52wk High | 2.33 | 52wk High Date | 2024-03-04 |
| 52wk Low | 0.59 | 52wk Low Date | 2023-11-30 |
| Average Volume | 369,825 | Shares Outstanding | 107,710 |
| Market Cap | 494M | Assets | 309,273,000M |
| Liabilities | 281,306,000M | P/E Ratio | 698 |
| Volatility | 114.06 |