(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 2024-06-18 View latest technical analysis
10 day averaged volume of Purple Innovation is 394590
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Tue Jun 2024 | 0.90 | 0.96 | 1.00 | 0.90 | 1.32 times |
| 18 Tue Jun 2024 | 0.90 | 0.96 | 1.00 | 0.90 | 1.32 times |
| 17 Mon Jun 2024 | 0.97 | 1.01 | 1.01 | 0.95 | 1.196 times |
| 14 Fri Jun 2024 | 1.01 | 1.05 | 1.06 | 1.00 | 0.849 times |
| 13 Thu Jun 2024 | 1.04 | 1.15 | 1.16 | 1.01 | 1.338 times |
| 12 Wed Jun 2024 | 1.15 | 1.19 | 1.23 | 1.10 | 1.187 times |
| 11 Tue Jun 2024 | 1.15 | 1.11 | 1.15 | 1.08 | 0.448 times |
| 10 Mon Jun 2024 | 1.11 | 1.10 | 1.15 | 1.05 | 1.506 times |
| 07 Fri Jun 2024 | 1.12 | 1.16 | 1.17 | 1.11 | 0.88 times |
| 06 Thu Jun 2024 | 1.17 | 1.22 | 1.23 | 1.16 | 0.559 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 0.9, for a target of 1 or 1.15
Share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Target | 0.90 |
| Upside Target | 1.00 |
| Upside Target | 1.10 |
| Upside Target | 1.14 |
| Upside Target | 1.23 |
| Upside Target | 1.26 |
| Upside Target | 1.33 |
| Upside Target | 1.41 |
| Upside Target | 1.44 |
| 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 | 0.87 |
| Downside Intraday Target | 0.83 |
| Upside Intraday Target | 0.97 |
| Upside Intraday Target | 1.03 |
| Upside Intraday Target | 0.93 |
Weekly technical analysis of Purple Innovation (PRPL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Tue Jun 2024 | 0.90 | 0.96 | 1.00 | 0.90 | 0.525 times |
| 18 Tue Jun 2024 | 0.90 | 1.01 | 1.01 | 0.90 | 0.472 times |
| 14 Fri Jun 2024 | 1.01 | 1.10 | 1.23 | 1.00 | 1.229 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 |
Price has moved down 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 |
| 18 Tue Jun 2024 | 0.90 | 1.26 | 1.26 | 0.90 | 0.625 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Purple Innovation in short term
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Purple Innovation is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.04 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Purple Innovation in short term
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Purple Innovation is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.04 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.