(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 2024-12-23 View latest technical analysis
10 day averaged volume of Purple Innovation is 395341
Date | Daily Closing Price | Open | High | Low | Volume |
23 Mon Dec 2024 | 0.89 | 0.91 | 0.91 | 0.87 | 0.81 times |
20 Fri Dec 2024 | 0.91 | 0.86 | 0.94 | 0.86 | 1.263 times |
19 Thu Dec 2024 | 0.88 | 0.88 | 0.90 | 0.84 | 1.031 times |
18 Wed Dec 2024 | 0.85 | 0.91 | 0.93 | 0.84 | 1.128 times |
17 Tue Dec 2024 | 0.90 | 0.93 | 0.93 | 0.89 | 1.173 times |
16 Mon Dec 2024 | 0.94 | 0.93 | 0.99 | 0.92 | 0.7 times |
13 Fri Dec 2024 | 0.94 | 0.96 | 0.97 | 0.89 | 1.064 times |
12 Thu Dec 2024 | 0.97 | 1.03 | 1.04 | 0.96 | 1.058 times |
11 Wed Dec 2024 | 1.03 | 1.02 | 1.04 | 1.00 | 0.981 times |
10 Tue Dec 2024 | 1.01 | 0.97 | 1.02 | 0.96 | 0.845 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 0.91 and if the stock hits stoploss, then it can shoot up till 0.97
Share price targets for Purple Innovation (PRPL)
Target Type | Value |
Downside Target | 0.79 |
Downside Target | 0.84 |
Downside Target | 0.87 |
Downside Target | 0.89 |
Upside Target | 0.91 |
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 | 0.85 |
Upside Intraday Target | 0.91 |
Upside Intraday Target | 0.93 |
Downside Intraday Target | 0.89 |
Weekly technical analysis of Purple Innovation (PRPL)
Date | Weekly Closing Price | Open | High | Low | Volume |
23 Mon Dec 2024 | 0.89 | 0.91 | 0.91 | 0.87 | 0.153 times |
20 Fri Dec 2024 | 0.91 | 0.93 | 0.99 | 0.84 | 1.126 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 |
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 |
23 Mon Dec 2024 | 0.89 | 0.99 | 1.04 | 0.84 | 0.608 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 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 0.93 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 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 0.93 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.