(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 2025-01-06 View latest technical analysis
10 day averaged volume of Purple Innovation is 405078
Date | Daily Closing Price | Open | High | Low | Volume |
06 Mon Jan 2025 | 0.82 | 0.77 | 0.87 | 0.76 | 1.377 times |
03 Fri Jan 2025 | 0.77 | 0.77 | 0.78 | 0.76 | 0.827 times |
02 Thu Jan 2025 | 0.75 | 0.79 | 0.82 | 0.75 | 0.865 times |
31 Tue Dec 2024 | 0.78 | 0.85 | 0.85 | 0.77 | 1.328 times |
30 Mon Dec 2024 | 0.83 | 0.84 | 0.88 | 0.79 | 1.165 times |
27 Fri Dec 2024 | 0.84 | 0.88 | 0.90 | 0.84 | 1.158 times |
26 Thu Dec 2024 | 0.89 | 0.87 | 0.91 | 0.87 | 1.196 times |
24 Tue Dec 2024 | 0.89 | 0.86 | 0.89 | 0.86 | 0.431 times |
23 Mon Dec 2024 | 0.89 | 0.91 | 0.91 | 0.87 | 0.79 times |
20 Fri Dec 2024 | 0.91 | 0.86 | 0.94 | 0.86 | 1.233 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 0.8 as stoploss in an intra day buy trade for a target of 0.89. However, stock will show a bearish move below 0.8.
Share price targets for Purple Innovation (PRPL)
Target Type | Value |
Downside Target | 0.75 |
Downside Target | 0.79 |
Upside Target | 0.84 |
Upside Target | 0.87 |
Upside Target | 0.91 |
Upside Target | 0.98 |
Upside Target | 0.99 |
Upside Target | 1.00 |
Upside Target | 1.04 |
Upside Target | 1.19 |
Intraday share price targets for Purple Innovation (PRPL)
Target Type | Value |
Downside Intraday Target | 0.76 |
Downside Intraday Target | 0.71 |
Upside Intraday Target | 0.87 |
Upside Intraday Target | 0.93 |
Downside Intraday Target | 0.82 |
Weekly technical analysis of Purple Innovation (PRPL)
Date | Weekly Closing Price | Open | High | Low | Volume |
06 Mon Jan 2025 | 0.82 | 0.77 | 0.87 | 0.76 | 0.329 times |
03 Fri Jan 2025 | 0.77 | 0.84 | 0.88 | 0.75 | 1.171 times |
27 Fri Dec 2024 | 0.84 | 0.91 | 0.91 | 0.84 | 0.692 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 |
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 |
06 Mon Jan 2025 | 0.82 | 0.79 | 0.87 | 0.75 | 0.194 times |
31 Tue Dec 2024 | 0.78 | 0.99 | 1.04 | 0.77 | 0.913 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 |
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 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 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 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 moving up
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 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 0.84 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 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 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 moving up
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 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 0.84 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.