(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.
10 day averaged volume of Purple Innovation is 579430
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri Jan 2025 | 1.11 | 1.12 | 1.21 | 1.11 | 0.478 times |
| 30 Thu Jan 2025 | 1.14 | 1.24 | 1.24 | 1.14 | 0.82 times |
| 29 Wed Jan 2025 | 1.24 | 1.18 | 1.25 | 1.17 | 0.59 times |
| 28 Tue Jan 2025 | 1.19 | 1.25 | 1.25 | 1.10 | 0.96 times |
| 27 Mon Jan 2025 | 1.25 | 1.25 | 1.29 | 1.22 | 0.633 times |
| 24 Fri Jan 2025 | 1.25 | 1.19 | 1.27 | 1.15 | 0.937 times |
| 23 Thu Jan 2025 | 1.20 | 1.20 | 1.24 | 1.10 | 1.224 times |
| 22 Wed Jan 2025 | 1.17 | 1.00 | 1.21 | 0.99 | 2.055 times |
| 21 Tue Jan 2025 | 1.01 | 0.96 | 1.03 | 0.94 | 2.146 times |
| 17 Fri Jan 2025 | 0.95 | 0.97 | 0.98 | 0.91 | 0.317 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1.2 as stoploss in an intra day sell trade for a target of 1.02. However, stock will show a bullish move above 1.2.
Share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Target | 0.75 |
| Downside Target | 0.77 |
| Downside Target | 0.85 |
| Downside Target | 0.87 |
| Downside Target | 0.91 |
| Downside Target | 0.94 |
| Downside Target | 0.98 |
| Downside Target | 1.00 |
| Downside Target | 1.03 |
| Downside Target | 1.10 |
| Upside Target | 1.19 |
| Upside Target | 1.27 |
| Upside Target | 1.29 |
Intraday share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Intraday Target | 1.04 |
| Downside Intraday Target | 0.98 |
| Upside Intraday Target | 1.23 |
| Upside Intraday Target | 1.36 |
| Upside Intraday Target | 1.17 |
Weekly technical analysis of Purple Innovation (PRPL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri Jan 2025 | 1.11 | 1.25 | 1.29 | 1.10 | 0.547 times |
| 24 Fri Jan 2025 | 1.25 | 0.96 | 1.27 | 0.94 | 20.046 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 |
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 |
| 31 Fri Jan 2025 | 1.11 | 0.79 | 1.29 | 0.75 | 1.774 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, and volume has increased substantially. This means that the move can 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Purple Innovation ( (PRPL) ) based on a short 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 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.
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 tired and bears are picking up momentum.
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 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 1.15 and Purple Innovation (PRPL) stock is trading below this level. This means that stock is falling with high volumes. 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Purple Innovation ( (PRPL) ) based on a short 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 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.
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 tired and bears are picking up momentum.
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 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 1.15 and Purple Innovation (PRPL) stock is trading below this level. This means that stock is falling with high volumes. 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.