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PRPL Stock Analysis

Data source: Trade-Ideas Alerts | 11 alerts analyzed | Backtest period: 2022-03-02 → 2024-07-01

⚠️ Small sample size (11 alerts). Statistics may have high variance. Interpret with caution.

🏢 Company Profile

Purple Innovation, Inc. Common Stock HOUSEHOLD FURNITURE (SIC 2510)
📍 NASDAQ 📅 IPO: Oct 29, 2015 🔗 www.purple.com
💰 Market Cap: $78.5M 👥 Employees: 1,200
Purple Innovation Inc is a comfort innovation company. The company designs, manufactures and sells a range of comfort technology offerings, including mattresses, a pillow, cushions, sheets, bed platforms and other products. The Company has one reportable segment that operates an omni-channel distribution which allows the Company to offer a seamless shopping experience to its customers across multiple sales channels. It sells its products through its direct-to-consumer e-commerce channels, retail brick-and-mortar wholesale partners, Purple showrooms, and third-party online retailers.
📊
11
Total Alerts
🎯
81.8%
Win Rate (30MIN)
💰
+2.49%
Avg Gain (30MIN)
🚀
+8.26%
Avg MFE (Max Potential)

📈 Performance by Timeframe

5MIN

Win Rate: 54.5%
Avg Gain: +0.18%
Avg Winner: +3.01%
Avg Loser: -3.21%
Best: +4.65%
Worst: -6.78%
Trades: 6/5

15MIN

Win Rate: 54.5%
Avg Gain: +0.48%
Avg Winner: +3.01%
Avg Loser: -3.19%
Best: +5.48%
Worst: -6.36%
Trades: 6/4

30MIN

Win Rate: 81.8%
Avg Gain: +2.49%
Avg Winner: +4.12%
Avg Loser: -4.87%
Best: +15.17%
Worst: -7.63%
Trades: 9/2

60MIN

Win Rate: 72.7%
Avg Gain: +2.76%
Avg Winner: +5.42%
Avg Loser: -4.31%
Best: +21.63%
Worst: -8.47%
Trades: 8/3

EOD (End of Day)

Win Rate: 45.5%
Avg Gain: +0.93%
Avg Winner: +7.81%
Avg Loser: -4.80%
Best: +24.53%
Worst: -10.16%
Trades: 5/6

🚀 Max Favorable / Adverse Excursion (MFE/MAE)

Institutional-grade metrics showing the maximum profit potential and risk for each alert.

📈 MFE (Max Profit Potential)

Average MFE: +8.26%
Best MFE: +26.03%
Avg Time to MFE: 85 min

On average, PRPL alerts reach +8.26% profit potential within 85 minutes.

📉 MAE (Max Drawdown Risk)

Average MAE: -2.28%
Worst MAE: -5.82%
Avg Time to MAE: 3 min

Before reaching MFE, expect an average drawdown of 2.28%.

⚖️ Risk/Reward Ratio

3.62:1

Excellent risk/reward - potential gain is 3.62x the typical drawdown.

💡 Trading Insight: Based on 11 alerts, PRPL typically reaches +8.26% profit before pulling back. Consider setting profit targets around 6.6% to capture most of the move.

🌅 Premarket Gap Analysis (9:25 → 9:30)

Total Gaps Analyzed 11
Gap Up % 36.4%
Avg Gap -0.96%
Best Gap +2.05%

🏭 Sector Comparison: HOUSEHOLD FURNITURE

How PRPL compares to 5 other tickers in the same sector.

5-Min Gain
PRPL: +0.18% Sector: +0.54% -0.35%
EOD Gain
PRPL: +0.93% Sector: +28.07% -27.15%
Avg MFE
PRPL: +8.26% Sector: +9.50% -1.25%

📋 Last 20 Alerts

Historical PRPL alerts with performance metrics calculated from 1-minute price data. Each row shows the actual price movement at different timeframes after the alert.

Date Time Price 5min 15min 30min 60min EOD MFE MAE Gap Result
2024-07-01 09:26:20 $1.18 -6.78% -6.36% -7.63% -8.47% -6.78% -0.85% -0.85% -1.69% LOSS
2023-05-11 09:26:00 $2.93 +4.44% +5.48% +8.02% +4.73% +1.71% +15.02% -1.02% +2.05% WIN
2023-02-09 09:27:00 $4.73 +4.65% +1.16% +1.59% +0.95% -4.02% +4.65% -0.63% -0.42% WIN
2022-11-10 09:25:00 $4.11 +3.65% +2.19% +0.97% +6.33% +8.76% +13.38% -2.19% -1.46% WIN
2022-09-20 09:25:00 $3.92 -0.26% +1.02% +1.91% +1.66% +0.51% +3.44% -1.28% -0.51% LOSS
2022-09-19 09:25:00 $3.95 -2.80% -3.54% +2.53% -3.32% -1.52% +4.56% -5.82% +0.25% LOSS
2022-05-11 09:25:00 $3.64 +4.40% +4.26% +3.49% +0.82% -10.16% +12.36% -1.10% -0.55% WIN
2022-04-13 09:25:00 $6.15 -3.58% -2.60% -2.11% -1.14% -3.58% +0.98% -4.41% -4.41% LOSS
2022-03-30 09:25:00 $6.22 +0.32% -0.26% +2.49% +7.07% +3.54% +7.40% -1.93% +0.96% WIN
2022-03-25 09:25:00 $6.5 +0.62% - +0.92% +0.15% -2.77% +3.85% -0.46% +0.69% WIN
2022-03-02 09:25:00 $5.34 -2.62% +3.93% +15.17% +21.63% +24.53% +26.03% -5.43% -5.43% LOSS

Table Metrics Explained:

  • 5min/15min/30min/60min/EOD: Price change at each timeframe (calculated from real minute-by-minute data)
  • MFE: Maximum Favorable Excursion - highest profit potential reached during the day
  • MAE: Maximum Adverse Excursion - worst drawdown experienced before reaching MFE
  • Gap: Premarket price gap from 9:25 AM to 9:30 AM market open
  • Result: WIN if 5min change > 0%, LOSS otherwise

🚀 Beat the 81.8% Baseline on PRPL

The 81.8% win rate is just the raw starting point. Launch the app to apply filters (Volume, RSI, Time) and see if you can push PRPL's performance to 75%+.

Optimize PRPL Strategy →

Why Analyze PRPL with FILTRIX?

🛡️ Realistic Entry Simulation

We don't inflate stats. Our analysis tracks only the first alert of the day for PRPL. This simulates a true "Gap & Go" entry at pre-market hours (9:25-9:30 AM), avoiding the trap of chasing a stock that has already extended.

💰 Max Potential (MFE) Analysis

How much is left in the move? On winning days, PRPL historically offers an average upside of +8.26% intraday. Our data helps you distinguish between a quick scalp and a runner.

📊 PRPL Momentum Personality

With a baseline win rate of 81.8%, PRPL shows strong follow-through, making it a prime candidate for momentum strategies.

⏱️ Optimized Exit Timing

Don't guess when to sell. Our backtests show PRPL performs best on the 30MIN timeframe (Avg Gain: +2.49%), signaling that gains often fade later in the session.