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Stock Trend Analysis Report

Prepared for you on Thursday, October 1, 2020.

Purple Innovation, Inc. (NASDAQ:PRPLW)

Long-Term Uptrend (+90) - PRPLW is in a strong uptrend that is likely to continue. While PRPLW is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid PRPLW?

MarketClub looks at technical strength and momentum to determine if the timing is right for PRPLW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_PRPLW
Open High Low PRPLW Price Change
6.26 6.95 6.41 6.65 +0.37
Entry Signal

MarketClub’s Trade Triangles for PRPLW

long term up The long-term trend has been UP since May 12th, 2020 at 2.62

intermediate term up The intermediate-term trend has been UP since Sep 10th, 2020 at 5.80

short term up The short-term trend has been UP since Sep 22nd, 2020 at 6.00

Smart Scan Analysis for PRPLW

Based on our trend formula, PRPLW is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for PRPLW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.26 6.95 6.41 6.65 +0.37
Prev. Close Volume Bid Ask Time
6.53 149434 2020-09-30 15:25:00
Year High1.78Year High Date2018-03-13
Year Low0.08Year Low Date2018-10-10
52wk High8.110152wk High Date2020-08-04
52wk Low0.177952wk Low Date2019-10-09
Average Volume151,764Assets137,910,000M
Liabilities131,464,000MVolatility310.07
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