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Stock Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

Purple Innovation, Inc. (NASDAQ:PRPL)

Strong Downtrend (-100) - PRPL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, PRPL continues to fall. 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.

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Open High Low PRPL Price Change
1.57 1.67 1.51 1.52 -0.05
Entry Signal

MarketClub’s Trade Triangles for PRPL

long term down The long-term trend has been DOWN since Mar 2nd, 2023 at 4.07

intermediate term down The intermediate-term trend has been DOWN since Aug 9th, 2023 at 2.78

short term down The short-term trend has been DOWN since Sep 19th, 2023 at 2.19

Smart Scan Analysis for PRPL

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

Smart Scan Analysis for PRPL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.57 1.67 1.51 1.52 -0.05
Prev. Close Volume Bid Ask Time
1.51 688984 2023-09-27 15:58:25
Year High13.9Year High Date2018-03-15
Year Low4.45Year Low Date2018-11-15
52wk High6.7652wk High Date2023-02-02
52wk Low1.5652wk Low Date2023-09-26
Average Volume853,837Shares Outstanding105,751
Market Cap494MAssets400,688,000M
Liabilities223,855,000MP/E Ratio698
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