(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.
10 day averaged volume of Purple Innovation is 318980
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 1.68 | 1.72 | 1.75 | 1.65 | 1.288 times |
| 06 Mon May 2024 | 1.70 | 1.62 | 1.74 | 1.62 | 1.383 times |
| 03 Fri May 2024 | 1.61 | 1.63 | 1.73 | 1.60 | 0.902 times |
| 02 Thu May 2024 | 1.60 | 1.59 | 1.64 | 1.54 | 0.71 times |
| 01 Wed May 2024 | 1.56 | 1.53 | 1.63 | 1.50 | 0.929 times |
| 30 Tue Apr 2024 | 1.52 | 1.56 | 1.60 | 1.48 | 1.294 times |
| 29 Mon Apr 2024 | 1.59 | 1.52 | 1.62 | 1.48 | 1.178 times |
| 26 Fri Apr 2024 | 1.52 | 1.51 | 1.60 | 1.50 | 0.693 times |
| 25 Thu Apr 2024 | 1.50 | 1.51 | 1.52 | 1.44 | 0.695 times |
| 24 Wed Apr 2024 | 1.53 | 1.61 | 1.62 | 1.50 | 0.993 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 1.7 as stoploss in an intra day sell trade for a target of 1.59. However, stock will show a bullish move above 1.7.
Share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Target | 0.69 |
| Downside Target | 1.01 |
| Downside Target | 1.14 |
| Downside Target | 1.41 |
| Downside Target | 1.44 |
| Downside Target | 1.62 |
| Upside Target | 1.69 |
| Upside Target | 1.73 |
| Upside Target | 1.75 |
| Upside Target | 1.91 |
| Upside Target | 2.12 |
| Upside Target | 2.33 |
Intraday share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Intraday Target | 1.62 |
| Downside Intraday Target | 1.55 |
| Upside Intraday Target | 1.75 |
| Upside Intraday Target | 1.81 |
| Upside Intraday Target | 1.68 |
Weekly technical analysis of Purple Innovation (PRPL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 1.68 | 1.62 | 1.75 | 1.62 | 0.533 times |
| 03 Fri May 2024 | 1.61 | 1.52 | 1.73 | 1.48 | 1.055 times |
| 26 Fri Apr 2024 | 1.52 | 1.47 | 1.62 | 1.44 | 0.702 times |
| 19 Fri Apr 2024 | 1.47 | 1.67 | 1.69 | 1.46 | 0.894 times |
| 12 Fri Apr 2024 | 1.68 | 2.03 | 2.12 | 1.63 | 0.715 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 |
| 07 Tue May 2024 | 1.68 | 1.53 | 1.75 | 1.50 | 0.162 times |
| 30 Tue Apr 2024 | 1.52 | 1.75 | 2.12 | 1.44 | 0.445 times |
| 28 Thu Mar 2024 | 1.74 | 1.84 | 2.33 | 1.41 | 1.368 times |
| 29 Thu Feb 2024 | 1.86 | 1.04 | 1.91 | 1.01 | 0.927 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Purple Innovation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Purple Innovation in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling 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 1.59 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Purple Innovation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Purple Innovation in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling 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 1.59 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.