(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 2024-07-31 View latest technical analysis
10 day averaged volume of Purple Innovation is 396253
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Wed Jul 2024 | 1.38 | 1.34 | 1.43 | 1.33 | 0.717 times |
| 30 Tue Jul 2024 | 1.34 | 1.41 | 1.42 | 1.29 | 0.72 times |
| 29 Mon Jul 2024 | 1.41 | 1.42 | 1.50 | 1.37 | 0.865 times |
| 26 Fri Jul 2024 | 1.43 | 1.37 | 1.47 | 1.33 | 0.94 times |
| 25 Thu Jul 2024 | 1.34 | 1.32 | 1.38 | 1.28 | 0.645 times |
| 24 Wed Jul 2024 | 1.31 | 1.36 | 1.40 | 1.29 | 0.933 times |
| 23 Tue Jul 2024 | 1.37 | 1.37 | 1.47 | 1.31 | 1.434 times |
| 22 Mon Jul 2024 | 1.36 | 1.34 | 1.45 | 1.29 | 1.01 times |
| 19 Fri Jul 2024 | 1.33 | 1.33 | 1.35 | 1.30 | 0.561 times |
| 18 Thu Jul 2024 | 1.32 | 1.37 | 1.46 | 1.30 | 1.362 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1.4 as stoploss in an intra day sell trade for a target of 1.27. However, stock will show a bullish move above 1.4.
Share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Target | 0.80 |
| Downside Target | 0.99 |
| Downside Target | 1.02 |
| Downside Target | 1.14 |
| Downside Target | 1.17 |
| Downside Target | 1.26 |
| Upside Target | 1.41 |
| Upside Target | 1.44 |
| Upside Target | 1.47 |
| 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 | 1.28 |
| Downside Intraday Target | 1.18 |
| Upside Intraday Target | 1.49 |
| Upside Intraday Target | 1.6 |
| Upside Intraday Target | 1.39 |
Weekly technical analysis of Purple Innovation (PRPL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Wed Jul 2024 | 1.38 | 1.42 | 1.50 | 1.29 | 0.464 times |
| 26 Fri Jul 2024 | 1.43 | 1.34 | 1.47 | 1.28 | 0.661 times |
| 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 |
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 |
| 31 Wed Jul 2024 | 1.38 | 1.16 | 1.50 | 0.99 | 1.128 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Purple Innovation in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 1.36 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Purple Innovation in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 1.36 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 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 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.