Is Purple Innovation, Inc. technically bullish or bearish?

As of 8 September 2025, the technical trend for Purple Innovation, Inc. has changed from bullish to mildly bullish. The weekly MACD is bullish, while the monthly MACD is mildly bullish. The daily moving averages are bullish, and the Bollinger Bands indicate a bullish stance on the weekly and mildly bullish on the monthly. However, the weekly RSI is bearish, and the OBV shows a mildly bearish trend. Dow Theory indicates no trend in both weekly and monthly time frames.
In terms of performance, the stock has returned 4.67% over the past week compared to a 1.05% return for the S&P 500, and it has a year-to-date return of 43.59%, significantly outperforming the S&P 500's 12.22%. However, over longer periods, such as 3 years and 5 years, the stock has underperformed the benchmark. Overall, the current technical stance is mildly bullish, driven by the bullish signals from MACD and moving averages, despite some bearish indicators from RSI and OBV.