(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 2024-12-19 View latest technical analysis
10 day averaged volume of Purple Innovation is 324901
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu Dec 2024 | 0.88 | 0.88 | 0.90 | 0.84 | 1.255 times |
| 18 Wed Dec 2024 | 0.85 | 0.91 | 0.93 | 0.84 | 1.373 times |
| 17 Tue Dec 2024 | 0.90 | 0.93 | 0.93 | 0.89 | 1.427 times |
| 16 Mon Dec 2024 | 0.94 | 0.93 | 0.99 | 0.92 | 0.852 times |
| 13 Fri Dec 2024 | 0.94 | 0.96 | 0.97 | 0.89 | 1.295 times |
| 12 Thu Dec 2024 | 0.97 | 1.03 | 1.04 | 0.96 | 1.287 times |
| 11 Wed Dec 2024 | 1.03 | 1.02 | 1.04 | 1.00 | 1.193 times |
| 10 Tue Dec 2024 | 1.01 | 0.97 | 1.02 | 0.96 | 1.028 times |
| 09 Mon Dec 2024 | 0.98 | 0.99 | 1.01 | 0.96 | 0.92 times |
| 26 Tue Nov 2024 | 0.92 | 0.96 | 0.96 | 0.92 | 0.312 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 0.9 and if the stock hits stoploss, then it can shoot up till 0.96
Share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Target | 0.79 |
| Downside Target | 0.84 |
| Upside Target | 0.89 |
| Upside Target | 0.92 |
| Upside Target | 0.96 |
| Upside Target | 0.98 |
| Upside Target | 0.99 |
| 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 | 0.82 |
| Downside Intraday Target | 0.75 |
| Upside Intraday Target | 0.97 |
| Upside Intraday Target | 1.05 |
| Upside Intraday Target | 0.9 |
Weekly technical analysis of Purple Innovation (PRPL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu Dec 2024 | 0.88 | 0.93 | 0.99 | 0.84 | 0.857 times |
| 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 |
Price has moved down 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 |
| 19 Thu Dec 2024 | 0.88 | 0.99 | 1.04 | 0.84 | 0.492 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 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 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 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 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 SELL signal for Purple Innovation in short term and the sell signal is strong.
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 SELL signal for Purple Innovation in short term
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 0.94 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 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 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 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 SELL signal for Purple Innovation in short term and the sell signal is strong.
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 SELL signal for Purple Innovation in short term
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 0.94 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.