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Stock Trend Analysis Report

Prepared for you on Wednesday, January 15, 2025.

Purple Innovation, Inc. (NASDAQ:PRPL)

Crossroads (+60) - PRPL is struggling to move into a solid trend. Beware of choppy markets 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
0.9300 1.0300 0.9037 0.9707 +0.0825
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 up The intermediate-term trend has been UP since Jan 14th, 2025 at 0.91

short term up The short-term trend has been UP since Jan 6th, 2025 at 0.85

Smart Scan Analysis for PRPL

Based on our trend formula, PRPL is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for PRPL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9300 1.0300 0.9037 0.9707 +0.0825
Prev. Close Volume Bid Ask Time
0.8882 670190 2025-01-14 15:59:34
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 Volume439,878Shares Outstanding107,710
Market Cap494MAssets309,273,000M
Liabilities281,306,000MP/E Ratio698
Volatility114.06
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