(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 2024-10-09 View latest technical analysis
10 day averaged volume of Purple Innovation is 370790
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Wed Oct 2024 | 0.92 | 0.94 | 0.94 | 0.92 | 0.331 times |
| 08 Tue Oct 2024 | 0.94 | 0.91 | 0.95 | 0.91 | 0.274 times |
| 07 Mon Oct 2024 | 0.91 | 0.95 | 0.97 | 0.90 | 0.6 times |
| 04 Fri Oct 2024 | 0.93 | 0.95 | 0.95 | 0.92 | 0.756 times |
| 03 Thu Oct 2024 | 0.94 | 1.00 | 1.00 | 0.92 | 1.302 times |
| 02 Wed Oct 2024 | 0.93 | 0.93 | 0.98 | 0.92 | 0.602 times |
| 01 Tue Oct 2024 | 0.94 | 0.99 | 1.00 | 0.93 | 0.997 times |
| 30 Mon Sep 2024 | 0.99 | 1.00 | 1.04 | 0.98 | 1.593 times |
| 27 Fri Sep 2024 | 1.02 | 1.04 | 1.06 | 1.00 | 1.174 times |
| 26 Thu Sep 2024 | 1.02 | 1.05 | 1.05 | 1.00 | 1.359 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 0.9 as stoploss in an intra day buy trade for a target of 1.01. However, stock will show a bearish move below 0.9.
Share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Target | 0.80 |
| Downside Target | 0.90 |
| Downside Target | 0.92 |
| Upside Target | 0.97 |
| Upside Target | 1.04 |
| Upside Target | 1.09 |
| Upside Target | 1.12 |
| Upside Target | 1.14 |
| Upside Target | 1.19 |
| Upside Target | 1.26 |
| Upside Target | 1.40 |
| Upside Target | 1.50 |
Intraday share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Intraday Target | 0.89 |
| Downside Intraday Target | 0.86 |
| Upside Intraday Target | 0.96 |
| Upside Intraday Target | 1 |
| Upside Intraday Target | 0.93 |
Weekly technical analysis of Purple Innovation (PRPL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Wed Oct 2024 | 0.92 | 0.95 | 0.97 | 0.90 | 0.229 times |
| 04 Fri Oct 2024 | 0.93 | 1.00 | 1.04 | 0.92 | 0.823 times |
| 27 Fri Sep 2024 | 1.02 | 1.03 | 1.09 | 1.00 | 1.288 times |
| 20 Fri Sep 2024 | 1.04 | 1.09 | 1.14 | 1.00 | 1.403 times |
| 13 Fri Sep 2024 | 1.10 | 1.03 | 1.12 | 0.98 | 1.127 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 |
| 09 Wed Oct 2024 | 0.92 | 0.99 | 1.00 | 0.90 | 0.248 times |
| 30 Mon Sep 2024 | 0.99 | 1.16 | 1.19 | 0.98 | 1.052 times |
| 30 Fri Aug 2024 | 1.20 | 1.36 | 1.40 | 1.00 | 0.644 times |
| 31 Wed Jul 2024 | 1.38 | 1.16 | 1.50 | 0.99 | 1.128 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 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 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.
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 red color and prices are below the red 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 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 0.97 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 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 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.
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 red color and prices are below the red 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 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 0.97 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.