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(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 2024-11-14 View latest technical analysis

10 day averaged volume of Purple Innovation is 438840

Date Daily Closing Price Open High Low Volume
14 Thu Nov 2024 0.85 0.84 0.89 0.83 0.659 times
13 Wed Nov 2024 0.85 0.86 0.88 0.83 0.591 times
12 Tue Nov 2024 0.86 0.89 0.90 0.85 0.707 times
11 Mon Nov 2024 0.89 0.83 0.89 0.83 0.957 times
08 Fri Nov 2024 0.84 0.84 0.85 0.82 1.029 times
07 Thu Nov 2024 0.81 0.86 0.86 0.81 1.513 times
06 Wed Nov 2024 0.85 0.87 0.87 0.84 1.122 times
05 Tue Nov 2024 0.83 0.93 0.93 0.83 1.73 times
04 Mon Nov 2024 0.94 0.91 0.94 0.88 1.177 times
01 Fri Nov 2024 0.91 0.91 0.93 0.90 0.429 times

My analysis of stock is bearish for shortterm, and stock might move down till 0.8 or till 0.8. Use a stoploss of 0.88 and if the stock hits stoploss, then it can shoot up till 0.92

Share price targets for Purple Innovation (PRPL)

Target Type Value
Downside Target 0.81
Downside Target 0.83
Downside Target 0.85
Upside Target 0.87
Upside Target 0.90
Upside Target 0.94
Upside Target 0.98
Upside Target 0.99
Upside Target 1.00
Upside Target 1.19
Upside Target 1.40
Upside Target 1.50

Intraday share price targets for Purple Innovation (PRPL)

Target Type Value
Downside Intraday Target 0.82
Downside Intraday Target 0.79
Upside Intraday Target 0.89
Upside Intraday Target 0.93
Upside Intraday Target 0.86

Weekly technical analysis of Purple Innovation (PRPL)

Date Weekly Closing Price Open High Low Volume
14 Thu Nov 2024 0.85 0.83 0.90 0.83 0.443 times
08 Fri Nov 2024 0.84 0.91 0.94 0.81 2.555 times
01 Fri Nov 2024 0.91 0.87 0.94 0.85 0.738 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

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
14 Thu Nov 2024 0.85 0.91 0.94 0.81 0.772 times
31 Thu Oct 2024 0.89 0.99 1.00 0.85 0.777 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

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 neutral. A longer time frame might give a better analysis.

Price action analysis of Purple Innovation ( (PRPL) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 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 red color and prices are below the red cloud Prices appear to be coming down

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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Purple Innovation is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.86 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Purple Innovation ( (PRPL) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 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 red color and prices are below the red cloud Prices appear to be coming down

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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Purple Innovation is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.86 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.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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