(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 2025-01-21 View latest technical analysis
10 day averaged volume of Purple Innovation is 443060
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue Jan 2025 | 1.01 | 0.96 | 1.03 | 0.94 | 2.807 times |
| 17 Fri Jan 2025 | 0.95 | 0.97 | 0.98 | 0.91 | 0.415 times |
| 17 Fri Jan 2025 | 0.95 | 0.97 | 0.98 | 0.91 | 0.415 times |
| 16 Thu Jan 2025 | 0.95 | 0.95 | 0.98 | 0.94 | 0.527 times |
| 15 Wed Jan 2025 | 0.94 | 1.00 | 1.02 | 0.91 | 0.821 times |
| 14 Tue Jan 2025 | 0.97 | 0.93 | 1.03 | 0.90 | 1.569 times |
| 13 Mon Jan 2025 | 0.89 | 0.82 | 0.90 | 0.80 | 1.257 times |
| 10 Fri Jan 2025 | 0.86 | 0.82 | 0.87 | 0.78 | 1.28 times |
| 08 Wed Jan 2025 | 0.84 | 0.84 | 0.86 | 0.81 | 1.493 times |
| 08 Wed Jan 2025 | 0.84 | 0.84 | 0.86 | 0.81 | 1.493 times |
Stock of Purple Innovation (PRPL) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1, for a target of 0.9 or 0.87
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 |
| Downside Target | 0.94 |
| Downside Target | 0.98 |
| Downside 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 | 0.96 |
| Downside Intraday Target | 0.9 |
| Upside Intraday Target | 1.05 |
| Upside Intraday Target | 1.08 |
| Downside Intraday Target | 0.99 |
Weekly technical analysis of Purple Innovation (PRPL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue Jan 2025 | 1.01 | 0.96 | 1.03 | 0.94 | 6.762 times |
| 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 |
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 |
| 21 Tue Jan 2025 | 1.01 | 0.79 | 1.03 | 0.75 | 1.079 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Purple Innovation in short term and BUY 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 0.92 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.
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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Purple Innovation in short term and BUY 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 0.92 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.