(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 2024-12-13 View latest technical analysis
10 day averaged volume of Purple Innovation is 297612
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri Dec 2024 | 0.94 | 0.96 | 0.97 | 0.89 | 1.414 times |
| 12 Thu Dec 2024 | 0.97 | 1.03 | 1.04 | 0.96 | 1.405 times |
| 11 Wed Dec 2024 | 1.03 | 1.02 | 1.04 | 1.00 | 1.303 times |
| 10 Tue Dec 2024 | 1.01 | 0.97 | 1.02 | 0.96 | 1.122 times |
| 09 Mon Dec 2024 | 0.98 | 0.99 | 1.01 | 0.96 | 1.004 times |
| 26 Tue Nov 2024 | 0.92 | 0.96 | 0.96 | 0.92 | 0.341 times |
| 26 Tue Nov 2024 | 0.92 | 0.96 | 0.96 | 0.92 | 0.341 times |
| 25 Mon Nov 2024 | 0.95 | 0.87 | 0.98 | 0.85 | 1.746 times |
| 22 Fri Nov 2024 | 0.88 | 0.84 | 0.90 | 0.82 | 1.047 times |
| 21 Thu Nov 2024 | 0.85 | 0.83 | 0.86 | 0.83 | 1.002 times |
My analysis of stock is bullish for shortterm, and stock might move up till 1 or till 1. Use a stoploss of 0.89 and if this stock hits its stoploss, then it can fall down till 0.82
Share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Target | 0.79 |
| Downside Target | 0.81 |
| Downside Target | 0.85 |
| Downside Target | 0.89 |
| Downside Target | 0.92 |
| Upside 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 | 0.87 |
| Downside Intraday Target | 0.81 |
| Upside Intraday Target | 1.02 |
| Upside Intraday Target | 1.11 |
| Upside Intraday Target | 0.96 |
Weekly technical analysis of Purple Innovation (PRPL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Fri Dec 2024 | 0.94 | 0.99 | 1.04 | 0.89 | 18.34 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 |
| 13 Fri Dec 2024 | 0.94 | 0.99 | 1.04 | 0.89 | 0.265 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Purple Innovation ( (PRPL) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 in or below the green 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Purple Innovation ( (PRPL) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 in or below the green 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 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.