(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 2024-12-12 View latest technical analysis
10 day averaged volume of Purple Innovation is 284820
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Thu Dec 2024 | 0.97 | 1.03 | 1.04 | 0.96 | 1.468 times |
| 11 Wed Dec 2024 | 1.03 | 1.02 | 1.04 | 1.00 | 1.361 times |
| 10 Tue Dec 2024 | 1.01 | 0.97 | 1.02 | 0.96 | 1.173 times |
| 09 Mon Dec 2024 | 0.98 | 0.99 | 1.01 | 0.96 | 1.049 times |
| 26 Tue Nov 2024 | 0.92 | 0.96 | 0.96 | 0.92 | 0.356 times |
| 26 Tue Nov 2024 | 0.92 | 0.96 | 0.96 | 0.92 | 0.356 times |
| 25 Mon Nov 2024 | 0.95 | 0.87 | 0.98 | 0.85 | 1.824 times |
| 22 Fri Nov 2024 | 0.88 | 0.84 | 0.90 | 0.82 | 1.094 times |
| 21 Thu Nov 2024 | 0.85 | 0.83 | 0.86 | 0.83 | 1.047 times |
| 20 Wed Nov 2024 | 0.83 | 0.83 | 0.85 | 0.83 | 0.72 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 as stoploss in an intra day sell trade for a target of 0.89. However, stock will show a bullish move above 1.
Share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Target | 0.79 |
| Downside Target | 0.81 |
| Downside Target | 0.85 |
| Downside Target | 0.90 |
| Downside Target | 0.92 |
| Downside Target | 0.96 |
| Upside Target | 0.98 |
| Upside Target | 1.00 |
| Upside Target | 1.04 |
| Upside Target | 1.19 |
| Upside Target | 1.40 |
Intraday share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Intraday Target | 0.94 |
| Downside Intraday Target | 0.91 |
| Upside Intraday Target | 1.02 |
| Upside Intraday Target | 1.07 |
| Upside Intraday Target | 0.99 |
Weekly technical analysis of Purple Innovation (PRPL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Thu Dec 2024 | 0.97 | 0.99 | 1.04 | 0.96 | 14.19 times |
| 26 Tue Nov 2024 | 0.92 | 0.96 | 0.96 | 0.92 | 0.163 times |
| 26 Tue Nov 2024 | 0.92 | 0.87 | 0.98 | 0.85 | 0.421 times |
| 22 Fri Nov 2024 | 0.88 | 0.82 | 0.90 | 0.79 | 0.838 times |
| 15 Fri Nov 2024 | 0.82 | 0.83 | 0.90 | 0.81 | 0.61 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Purple Innovation (PRPL)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 12 Thu Dec 2024 | 0.97 | 0.99 | 1.04 | 0.96 | 0.205 times |
| 26 Tue Nov 2024 | 0.92 | 0.91 | 0.98 | 0.79 | 1.246 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 |
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 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 and the buy signal is strong.
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 green color and prices are above the green 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 0.95 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 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 and the buy signal is strong.
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 green color and prices are above the green 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 0.95 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.