Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, November 27, 2020.

Purple Innovation, Inc (NASDAQ:PRPL)

Bull Market Weakness (+75) - PRPL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PRPL as it may be in the beginning stages of a reversal.

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.

Open High Low PRPL Price Change
29.25 30.86 28.73 30.72 +1.52
Entry Signal

MarketClub’s Trade Triangles for PRPL

long term up The long-term trend has been UP since May 12th, 2020 at 15.960

intermediate term down The intermediate-term trend has been DOWN since Nov 9th, 2020 at 27.570

short term up The short-term trend has been UP since Nov 27th, 2020 at 30.735

Smart Scan Analysis for PRPL

Based on our trend formula, PRPL is rated as a +75 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
29.25 30.86 28.73 30.72 +1.52
Prev. Close Volume Bid Ask Time
28.96 458276 2020-11-27 12:59:53
Year High13.9Year High Date2018-03-15
Year Low4.45Year Low Date2018-11-15
52wk High33.3752wk High Date2020-10-20
52wk Low4.4252wk Low Date2020-03-18
Average Volume961,699Shares Outstanding54,008
Market Cap494MAssets303,395,000M
Get a free daily analysis and signals for Purple Innovation, Inc (PRPL) - Request Your Free Report.