(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 2024-09-16 View latest technical analysis
10 day averaged volume of Purple Innovation is 263181
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 1.06 | 1.09 | 1.10 | 1.05 | 0.696 times |
| 13 Fri Sep 2024 | 1.10 | 1.05 | 1.12 | 1.01 | 0.95 times |
| 12 Thu Sep 2024 | 1.03 | 1.02 | 1.04 | 0.98 | 0.698 times |
| 11 Wed Sep 2024 | 1.02 | 0.98 | 1.04 | 0.98 | 1.085 times |
| 10 Tue Sep 2024 | 0.98 | 1.02 | 1.03 | 0.98 | 0.676 times |
| 09 Mon Sep 2024 | 1.01 | 1.03 | 1.05 | 0.98 | 1.564 times |
| 06 Fri Sep 2024 | 1.02 | 1.07 | 1.10 | 1.02 | 1.521 times |
| 05 Thu Sep 2024 | 1.08 | 1.09 | 1.14 | 1.03 | 1.179 times |
| 04 Wed Sep 2024 | 1.09 | 1.10 | 1.17 | 1.06 | 0.929 times |
| 03 Tue Sep 2024 | 1.11 | 1.16 | 1.19 | 1.10 | 0.783 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1 as stoploss in an intra day buy trade for a target of 1.13. However, stock will show a bearish move below 1.
Share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Target | 0.80 |
| Downside Target | 0.98 |
| Downside Target | 1.02 |
| Downside Target | 1.05 |
| Upside Target | 1.10 |
| Upside Target | 1.19 |
| Upside Target | 1.24 |
| Upside Target | 1.26 |
| Upside Target | 1.37 |
| Upside Target | 1.40 |
| Upside Target | 1.50 |
| Upside Target | 1.75 |
Intraday share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Intraday Target | 1.04 |
| Downside Intraday Target | 1.02 |
| Upside Intraday Target | 1.09 |
| Upside Intraday Target | 1.12 |
| Upside Intraday Target | 1.07 |
Weekly technical analysis of Purple Innovation (PRPL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 1.06 | 1.09 | 1.10 | 1.05 | 0.14 times |
| 13 Fri Sep 2024 | 1.10 | 1.03 | 1.12 | 0.98 | 1.127 times |
| 06 Fri Sep 2024 | 1.02 | 1.16 | 1.19 | 1.02 | 7.188 times |
| 30 Fri Aug 2024 | 1.20 | 1.23 | 1.24 | 1.15 | 0.125 times |
| 30 Fri Aug 2024 | 1.20 | 1.24 | 1.37 | 1.15 | 1.022 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 |
| 16 Mon Sep 2024 | 1.06 | 1.16 | 1.19 | 0.98 | 0.384 times |
| 30 Fri Aug 2024 | 1.20 | 1.36 | 1.40 | 1.00 | 0.644 times |
| 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 |
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Purple Innovation ( (PRPL) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 neutral. A longer time frame might give a better analysis.
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 but the buy signal is initial and weak.
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 weakening, and bulls are picking up momentum!
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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 1.05 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Purple Innovation ( (PRPL) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 neutral. A longer time frame might give a better analysis.
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 but the buy signal is initial and weak.
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 weakening, and bulls are picking up momentum!
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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 1.05 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 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.