(PRPL) Purple Innovation complete technical analysis [charts+indicators] | Buy/Sell Purple Innovation | (PRPL) share price targets
Complete technical analysis of Purple Innovation (PRPL) by charts plus indicators, forecast predictions and share price targets for Purple Innovation (PRPL)
Purple Innovation trades in USA in Consumer Durables sector.
Showing technical analysis as on 2024-06-11 View latest technical analysis
10 day averaged volume of Purple Innovation is 375860
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Tue Jun 2024 | 1.15 | 1.11 | 1.15 | 1.08 | 0.47 times |
| 10 Mon Jun 2024 | 1.11 | 1.10 | 1.15 | 1.05 | 1.581 times |
| 07 Fri Jun 2024 | 1.12 | 1.16 | 1.17 | 1.11 | 0.924 times |
| 06 Thu Jun 2024 | 1.17 | 1.22 | 1.23 | 1.16 | 0.587 times |
| 05 Wed Jun 2024 | 1.21 | 1.18 | 1.24 | 1.16 | 0.753 times |
| 04 Tue Jun 2024 | 1.16 | 1.20 | 1.20 | 1.10 | 1.091 times |
| 03 Mon Jun 2024 | 1.18 | 1.26 | 1.26 | 1.15 | 1.196 times |
| 31 Fri May 2024 | 1.25 | 1.26 | 1.31 | 1.22 | 0.603 times |
| 30 Thu May 2024 | 1.24 | 1.23 | 1.27 | 1.21 | 0.844 times |
| 29 Wed May 2024 | 1.22 | 1.18 | 1.27 | 1.14 | 1.019 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.2, but if it comes above 1.2, then a intra day buy could be more profitable.
If you take a sell trade below 1.2, then use 1.2 as stoploss and 1 as target. However if you take a buy trade in stock , then use 1.2 as stoploss and 1.29 as target.
Share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Target | 1.01 |
| Downside Target | 1.05 |
| Downside Target | 1.10 |
| Downside Target | 1.14 |
| Upside Target | 1.21 |
| Upside Target | 1.26 |
| Upside Target | 1.33 |
| Upside Target | 1.40 |
| Upside Target | 1.44 |
| Upside Target | 1.48 |
| Upside Target | 1.56 |
| Upside Target | 1.75 |
| Upside Target | 1.91 |
| Upside Target | 2.12 |
| Upside Target | 2.33 |
Intraday share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Intraday Target | 1.08 |
| Downside Intraday Target | 1.02 |
| Upside Intraday Target | 1.18 |
| Upside Intraday Target | 1.22 |
| Downside Intraday Target | 1.12 |
Weekly technical analysis of Purple Innovation (PRPL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Tue Jun 2024 | 1.15 | 1.10 | 1.15 | 1.05 | 0.451 times |
| 07 Fri Jun 2024 | 1.12 | 1.26 | 1.26 | 1.10 | 1.177 times |
| 31 Fri May 2024 | 1.25 | 1.32 | 1.33 | 1.14 | 0.713 times |
| 23 Thu May 2024 | 1.24 | 1.47 | 1.48 | 1.21 | 1.098 times |
| 17 Fri May 2024 | 1.48 | 1.53 | 1.56 | 1.40 | 0.787 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Purple Innovation (PRPL)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 11 Tue Jun 2024 | 1.15 | 1.26 | 1.26 | 1.05 | 0.291 times |
| 31 Fri May 2024 | 1.25 | 1.53 | 1.75 | 1.14 | 0.831 times |
| 30 Tue Apr 2024 | 1.52 | 1.75 | 2.12 | 1.44 | 0.445 times |
| 28 Thu Mar 2024 | 1.74 | 1.84 | 2.33 | 1.41 | 1.368 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Purple Innovation (PRPL)
Price action analysis of Purple Innovation ( (PRPL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Purple Innovation ( (PRPL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Purple Innovation ( (PRPL) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Purple Innovation ( (PRPL) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Purple Innovation stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Purple Innovation in short term and the sell signal is strong.
Purple Innovation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Purple Innovation in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Purple Innovation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.17 and Purple Innovation (PRPL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Purple Innovation (PRPL) stock. Volume based technical analysis of Purple Innovation (PRPL) stock is negative.
Purple Innovation Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Purple Innovation ( (PRPL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Purple Innovation ( (PRPL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Purple Innovation ( (PRPL) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Purple Innovation ( (PRPL) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Purple Innovation stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Purple Innovation in short term and the sell signal is strong.
Purple Innovation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Purple Innovation in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Purple Innovation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.17 and Purple Innovation (PRPL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Purple Innovation (PRPL) stock. Volume based technical analysis of Purple Innovation (PRPL) stock is negative.
Purple Innovation Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.