(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 2024-08-29 View latest technical analysis
10 day averaged volume of Purple Innovation is 258204
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 1.24 | 1.28 | 1.31 | 1.22 | 0.712 times |
| 28 Wed Aug 2024 | 1.28 | 1.27 | 1.31 | 1.24 | 0.687 times |
| 27 Tue Aug 2024 | 1.29 | 1.30 | 1.33 | 1.25 | 1.083 times |
| 26 Mon Aug 2024 | 1.30 | 1.24 | 1.37 | 1.24 | 1.903 times |
| 23 Fri Aug 2024 | 1.24 | 1.16 | 1.24 | 1.11 | 1.928 times |
| 22 Thu Aug 2024 | 1.15 | 1.17 | 1.17 | 1.10 | 0.519 times |
| 21 Wed Aug 2024 | 1.17 | 1.08 | 1.17 | 1.07 | 0.902 times |
| 20 Tue Aug 2024 | 1.08 | 1.15 | 1.16 | 1.05 | 0.785 times |
| 19 Mon Aug 2024 | 1.09 | 1.11 | 1.12 | 1.06 | 0.767 times |
| 16 Fri Aug 2024 | 1.12 | 1.12 | 1.13 | 1.10 | 0.444 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1.2, but if it comes below 1.2, then a intra day sell could be more profitable.
If you take a sell trade below 1.2, then use 1.2 as stoploss and 1.15 as target. However if you take a buy trade in stock , then use 1.2 as stoploss and 1.3 as target.
Share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Target | 0.80 |
| Downside Target | 0.99 |
| Downside Target | 1.05 |
| Downside Target | 1.14 |
| Downside Target | 1.21 |
| Upside Target | 1.37 |
| Upside Target | 1.40 |
| Upside Target | 1.44 |
| 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 | 1.18 |
| Downside Intraday Target | 1.13 |
| Upside Intraday Target | 1.33 |
| Upside Intraday Target | 1.43 |
| Upside Intraday Target | 1.28 |
Weekly technical analysis of Purple Innovation (PRPL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 1.24 | 1.24 | 1.37 | 1.22 | 0.895 times |
| 23 Fri Aug 2024 | 1.24 | 1.11 | 1.24 | 1.05 | 1.052 times |
| 16 Fri Aug 2024 | 1.12 | 1.05 | 1.14 | 1.00 | 0.563 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 |
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 |
| 29 Thu Aug 2024 | 1.24 | 1.36 | 1.40 | 1.00 | 0.614 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 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 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Purple Innovation in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 1.22 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 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 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 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Purple Innovation in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 1.22 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.