(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 2025-01-28 View latest technical analysis
10 day averaged volume of Purple Innovation is 571340
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue Jan 2025 | 1.19 | 1.25 | 1.25 | 1.10 | 0.974 times |
| 27 Mon Jan 2025 | 1.25 | 1.25 | 1.29 | 1.22 | 0.642 times |
| 24 Fri Jan 2025 | 1.25 | 1.19 | 1.27 | 1.15 | 0.95 times |
| 23 Thu Jan 2025 | 1.20 | 1.20 | 1.24 | 1.10 | 1.242 times |
| 22 Wed Jan 2025 | 1.17 | 1.00 | 1.21 | 0.99 | 2.084 times |
| 21 Tue Jan 2025 | 1.01 | 0.96 | 1.03 | 0.94 | 2.176 times |
| 17 Fri Jan 2025 | 0.95 | 0.97 | 0.98 | 0.91 | 0.322 times |
| 17 Fri Jan 2025 | 0.95 | 0.97 | 0.98 | 0.91 | 0.322 times |
| 16 Thu Jan 2025 | 0.95 | 0.95 | 0.98 | 0.94 | 0.409 times |
| 15 Wed Jan 2025 | 0.94 | 1.00 | 1.02 | 0.91 | 0.637 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1.1, but if it comes below 1.1, then a intra day sell could be more profitable.
If you take a sell trade below 1.1, then use 1.1 as stoploss and 0.96 as target. However if you take a buy trade in stock , then use 1.1 as stoploss and 1.3 as target.
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 |
| Downside 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 | 1.1 |
| Downside Intraday Target | 1 |
| Upside Intraday Target | 1.29 |
| Upside Intraday Target | 1.38 |
| Upside Intraday Target | 1.19 |
Weekly technical analysis of Purple Innovation (PRPL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue Jan 2025 | 1.19 | 1.25 | 1.29 | 1.10 | 0.25 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 |
| 28 Tue Jan 2025 | 1.19 | 0.79 | 1.29 | 0.75 | 1.604 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 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 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 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 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 1.11 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 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 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 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 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 1.11 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.