(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 2024-08-14 View latest technical analysis
10 day averaged volume of Purple Innovation is 388000
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Wed Aug 2024 | 1.06 | 1.10 | 1.12 | 1.03 | 0.564 times |
| 13 Tue Aug 2024 | 1.09 | 1.05 | 1.12 | 1.05 | 0.76 times |
| 12 Mon Aug 2024 | 1.04 | 1.05 | 1.07 | 1.00 | 0.828 times |
| 09 Fri Aug 2024 | 1.04 | 1.05 | 1.08 | 1.01 | 0.548 times |
| 08 Thu Aug 2024 | 1.03 | 1.09 | 1.09 | 1.01 | 0.746 times |
| 07 Wed Aug 2024 | 1.07 | 1.10 | 1.10 | 1.06 | 0.393 times |
| 06 Tue Aug 2024 | 1.08 | 1.20 | 1.22 | 1.06 | 1.658 times |
| 05 Mon Aug 2024 | 1.18 | 1.15 | 1.28 | 1.10 | 2.162 times |
| 02 Fri Aug 2024 | 1.25 | 1.26 | 1.31 | 1.21 | 1.033 times |
| 01 Thu Aug 2024 | 1.31 | 1.36 | 1.40 | 1.25 | 1.139 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.1, but if it comes above 1.1, then a intra day buy could be more profitable.
If you take a sell trade below 1.1, then use 1.1 as stoploss and 0.9 as target. However if you take a buy trade in stock , then use 1.1 as stoploss and 1.24 as target.
Share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Target | 0.80 |
| Downside Target | 0.99 |
| Upside Target | 1.12 |
| Upside Target | 1.18 |
| Upside Target | 1.21 |
| Upside Target | 1.26 |
| Upside Target | 1.40 |
| Upside Target | 1.44 |
| Upside Target | 1.47 |
| Upside Target | 1.50 |
| Upside Target | 1.75 |
| Upside Target | 2.12 |
Intraday share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Intraday Target | 1 |
| Downside Intraday Target | 0.94 |
| Upside Intraday Target | 1.12 |
| Upside Intraday Target | 1.18 |
| Downside Intraday Target | 1.06 |
Weekly technical analysis of Purple Innovation (PRPL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Wed Aug 2024 | 1.06 | 1.05 | 1.12 | 1.00 | 0.391 times |
| 09 Fri Aug 2024 | 1.04 | 1.15 | 1.28 | 1.01 | 1.217 times |
| 02 Fri Aug 2024 | 1.25 | 1.42 | 1.50 | 1.21 | 0.893 times |
| 26 Fri Jul 2024 | 1.43 | 1.34 | 1.47 | 1.28 | 0.661 times |
| 19 Fri Jul 2024 | 1.33 | 1.24 | 1.50 | 1.18 | 1.304 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 |
| 14 Wed Aug 2024 | 1.06 | 1.36 | 1.40 | 1.00 | 0.356 times |
| 31 Wed Jul 2024 | 1.38 | 1.16 | 1.50 | 0.99 | 1.128 times |
| 28 Fri Jun 2024 | 1.04 | 1.26 | 1.26 | 0.80 | 1.116 times |
| 31 Fri May 2024 | 1.25 | 1.53 | 1.75 | 1.14 | 0.831 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below 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
Stock of Purple Innovation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.14 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below 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
Stock of Purple Innovation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1.14 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.