(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 2024-07-19 View latest technical analysis
10 day averaged volume of Purple Innovation is 546091
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Jul 2024 | 1.33 | 1.33 | 1.35 | 1.30 | 0.407 times |
| 18 Thu Jul 2024 | 1.32 | 1.37 | 1.46 | 1.30 | 0.988 times |
| 17 Wed Jul 2024 | 1.35 | 1.44 | 1.50 | 1.31 | 1.11 times |
| 16 Tue Jul 2024 | 1.47 | 1.23 | 1.48 | 1.20 | 2.225 times |
| 15 Mon Jul 2024 | 1.20 | 1.24 | 1.26 | 1.18 | 0.717 times |
| 12 Fri Jul 2024 | 1.23 | 1.21 | 1.26 | 1.18 | 0.68 times |
| 11 Thu Jul 2024 | 1.19 | 1.09 | 1.21 | 1.04 | 1.84 times |
| 10 Wed Jul 2024 | 1.05 | 1.06 | 1.08 | 1.03 | 0.476 times |
| 09 Tue Jul 2024 | 1.04 | 1.07 | 1.08 | 1.02 | 0.523 times |
| 08 Mon Jul 2024 | 1.10 | 1.05 | 1.11 | 1.03 | 0.657 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1.3, but if it comes below 1.3, then a intra day sell could be more profitable.
If you take a sell trade below 1.3, then use 1.3 as stoploss and 1.13 as target. However if you take a buy trade in stock , then use 1.3 as stoploss and 1.5 as target.
Share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Target | 0.80 |
| Downside Target | 0.84 |
| Downside Target | 0.99 |
| Downside Target | 1.02 |
| Downside Target | 1.07 |
| Downside Target | 1.14 |
| Downside Target | 1.17 |
| Downside Target | 1.26 |
| Upside Target | 1.41 |
| Upside Target | 1.44 |
| Upside Target | 1.50 |
| Upside Target | 1.75 |
| Upside Target | 2.12 |
| Upside Target | 2.33 |
Intraday share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Intraday Target | 1.17 |
| Downside Intraday Target | 1.02 |
| Upside Intraday Target | 1.49 |
| Upside Intraday Target | 1.66 |
| Upside Intraday Target | 1.34 |
Weekly technical analysis of Purple Innovation (PRPL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Fri Jul 2024 | 1.33 | 1.24 | 1.50 | 1.18 | 1.304 times |
| 12 Fri Jul 2024 | 1.23 | 1.05 | 1.26 | 1.02 | 2.743 times |
| 05 Fri Jul 2024 | 1.04 | 1.02 | 1.17 | 0.99 | 0.472 times |
| 03 Wed Jul 2024 | 1.15 | 1.16 | 1.17 | 1.00 | 0.695 times |
| 28 Fri Jun 2024 | 1.04 | 0.88 | 1.07 | 0.84 | 1.168 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 |
| 19 Fri Jul 2024 | 1.33 | 1.16 | 1.50 | 0.99 | 0.826 times |
| 28 Fri Jun 2024 | 1.04 | 1.26 | 1.26 | 0.80 | 1.116 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 |
Scroll below to view daily charts
Price has moved up 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Purple Innovation ( (PRPL) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Purple Innovation ( (PRPL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY signal for Purple Innovation in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Purple Innovation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Purple Innovation in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 1.27 and Purple Innovation (PRPL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Purple Innovation ( (PRPL) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Purple Innovation ( (PRPL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY signal for Purple Innovation in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Purple Innovation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Purple Innovation in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 1.27 and Purple Innovation (PRPL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.