(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 2024-10-28 View latest technical analysis
10 day averaged volume of Purple Innovation is 246670
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Mon Oct 2024 | 0.91 | 0.87 | 0.92 | 0.86 | 0.912 times |
| 25 Fri Oct 2024 | 0.86 | 0.90 | 0.90 | 0.85 | 1.746 times |
| 24 Thu Oct 2024 | 0.90 | 0.92 | 0.94 | 0.89 | 1.073 times |
| 23 Wed Oct 2024 | 0.94 | 0.89 | 0.98 | 0.88 | 1.18 times |
| 22 Tue Oct 2024 | 0.90 | 0.90 | 0.91 | 0.89 | 1.164 times |
| 21 Mon Oct 2024 | 0.90 | 0.92 | 0.93 | 0.89 | 1.04 times |
| 18 Fri Oct 2024 | 0.94 | 0.93 | 0.95 | 0.91 | 0.892 times |
| 17 Thu Oct 2024 | 0.92 | 0.93 | 0.95 | 0.91 | 0.437 times |
| 16 Wed Oct 2024 | 0.94 | 0.92 | 0.95 | 0.88 | 0.902 times |
| 15 Tue Oct 2024 | 0.91 | 0.90 | 0.94 | 0.87 | 0.906 times |
My analysis of stock is bearish for shortterm, and stock might move down till 0.9 or till 0.9. Use a stoploss of 0.92 and if the stock hits stoploss, then it can shoot up till 0.94
Share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Target | 0.80 |
| Downside Target | 0.85 |
| Downside Target | 0.89 |
| Upside Target | 0.92 |
| Upside Target | 0.95 |
| Upside Target | 0.97 |
| Upside Target | 1.00 |
| Upside Target | 1.04 |
| 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 | 0.87 |
| Downside Intraday Target | 0.84 |
| Upside Intraday Target | 0.93 |
| Upside Intraday Target | 0.96 |
| Downside Intraday Target | 0.9 |
Weekly technical analysis of Purple Innovation (PRPL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Mon Oct 2024 | 0.91 | 0.87 | 0.92 | 0.86 | 0.147 times |
| 25 Fri Oct 2024 | 0.86 | 0.92 | 0.98 | 0.85 | 1.634 times |
| 18 Fri Oct 2024 | 0.94 | 0.90 | 0.95 | 0.87 | 1.07 times |
| 11 Fri Oct 2024 | 0.90 | 0.95 | 0.97 | 0.89 | 0.449 times |
| 04 Fri Oct 2024 | 0.93 | 1.00 | 1.04 | 0.92 | 0.823 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 |
| 28 Mon Oct 2024 | 0.91 | 0.99 | 1.00 | 0.85 | 0.678 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 BUY signal for Purple Innovation in short term but the buy signal is initial and weak.
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 moving up
CCI has generated a buy signal for Purple Innovation in short term but BUY signal is weak.
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 0.91 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 is giving positive 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 BUY signal for Purple Innovation in short term but the buy signal is initial and weak.
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 moving up
CCI has generated a buy signal for Purple Innovation in short term but BUY signal is weak.
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 0.91 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 is giving positive 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.