(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 2024-10-02 View latest technical analysis
10 day averaged volume of Purple Innovation is 473510
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Wed Oct 2024 | 0.93 | 0.93 | 0.98 | 0.92 | 0.472 times |
| 01 Tue Oct 2024 | 0.94 | 0.99 | 1.00 | 0.93 | 0.781 times |
| 30 Mon Sep 2024 | 0.99 | 1.00 | 1.04 | 0.98 | 1.248 times |
| 27 Fri Sep 2024 | 1.02 | 1.04 | 1.06 | 1.00 | 0.92 times |
| 26 Thu Sep 2024 | 1.02 | 1.05 | 1.05 | 1.00 | 1.064 times |
| 25 Wed Sep 2024 | 1.02 | 1.09 | 1.09 | 1.01 | 1.051 times |
| 24 Tue Sep 2024 | 1.07 | 1.06 | 1.08 | 1.03 | 1.127 times |
| 23 Mon Sep 2024 | 1.06 | 1.03 | 1.08 | 1.00 | 0.831 times |
| 20 Fri Sep 2024 | 1.04 | 1.06 | 1.06 | 1.00 | 1.732 times |
| 19 Thu Sep 2024 | 1.07 | 1.12 | 1.12 | 1.06 | 0.249 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 1.03
Share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Target | 0.80 |
| Downside Target | 0.92 |
| Upside Target | 0.98 |
| Upside Target | 1.02 |
| Upside Target | 1.09 |
| Upside Target | 1.12 |
| Upside Target | 1.14 |
| Upside Target | 1.19 |
| Upside Target | 1.26 |
| Upside Target | 1.40 |
| Upside Target | 1.50 |
Intraday share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Intraday Target | 0.89 |
| Downside Intraday Target | 0.84 |
| Upside Intraday Target | 1.01 |
| Upside Intraday Target | 1.08 |
| Upside Intraday Target | 0.96 |
Weekly technical analysis of Purple Innovation (PRPL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Wed Oct 2024 | 0.93 | 1.00 | 1.04 | 0.92 | 0.501 times |
| 27 Fri Sep 2024 | 1.02 | 1.03 | 1.09 | 1.00 | 1.288 times |
| 20 Fri Sep 2024 | 1.04 | 1.09 | 1.14 | 1.00 | 1.403 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 |
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 |
| 02 Wed Oct 2024 | 0.93 | 0.99 | 1.00 | 0.92 | 0.082 times |
| 30 Mon Sep 2024 | 0.99 | 1.16 | 1.19 | 0.98 | 1.052 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 |
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 neutral. A longer time frame might give a better analysis.
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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 1.02 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 neutral. A longer time frame might give a better analysis.
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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 1.02 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.