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(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 2025-01-17 View latest technical analysis

10 day averaged volume of Purple Innovation is 480450

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri Jan 2025	0.95	0.97	0.98	0.91	0.383 times
17 Fri Jan 2025	0.95	0.97	0.98	0.91	0.383 times
16 Thu Jan 2025	0.95	0.95	0.98	0.94	0.486 times
15 Wed Jan 2025	0.94	1.00	1.02	0.91	0.757 times
14 Tue Jan 2025	0.97	0.93	1.03	0.90	1.447 times
13 Mon Jan 2025	0.89	0.82	0.90	0.80	1.16 times
10 Fri Jan 2025	0.86	0.82	0.87	0.78	1.18 times
08 Wed Jan 2025	0.84	0.84	0.86	0.81	1.377 times
08 Wed Jan 2025	0.84	0.84	0.86	0.81	1.377 times
07 Tue Jan 2025	0.82	0.84	0.85	0.80	0.672 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 0.9, but if it comes below 0.9, then a intra day sell could be more profitable.
If you take a sell trade below 0.9, then use 0.9 as stoploss and 0.87 as target. However if you take a buy trade in stock , then use 0.9 as stoploss and 1 as target.

Share price targets for Purple Innovation (PRPL)

Target Type	Value
Downside Target	0.75
Downside Target	0.85
Downside Target	0.87
Downside Target	0.91
Upside Target	0.98
Upside Target	1.00
Upside Target	1.03
Upside Target	1.04
Upside Target	1.19

Intraday share price targets for Purple Innovation (PRPL)

Target Type	Value
Downside Intraday Target	0.91
Downside Intraday Target	0.88
Upside Intraday Target	0.98
Upside Intraday Target	1.02
Downside Intraday Target	0.95

Weekly technical analysis of Purple Innovation (PRPL)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri Jan 2025	0.95	0.97	0.98	0.91	0.09 times
17 Fri Jan 2025	0.95	0.82	1.03	0.80	1.655 times
10 Fri Jan 2025	0.86	0.84	0.87	0.78	0.796 times
08 Wed Jan 2025	0.84	0.77	0.87	0.76	0.91 times
03 Fri Jan 2025	0.77	0.84	0.88	0.75	1.171 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
17 Fri Jan 2025	0.95	0.79	1.03	0.75	0.885 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Purple Innovation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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

RSI is generating a SELL signal in short term but selling 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 0.89 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.