(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 2024-04-02 View latest technical analysis
10 day averaged volume of Purple Innovation is 833800
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 1.77 | 1.86 | 1.89 | 1.72 | 0.894 times |
| 01 Mon Apr 2024 | 1.84 | 1.75 | 1.87 | 1.67 | 0.884 times |
| 28 Thu Mar 2024 | 1.74 | 1.58 | 1.81 | 1.58 | 1.602 times |
| 27 Wed Mar 2024 | 1.56 | 1.52 | 1.59 | 1.50 | 1.67 times |
| 26 Tue Mar 2024 | 1.49 | 1.46 | 1.53 | 1.45 | 0.92 times |
| 25 Mon Mar 2024 | 1.44 | 1.52 | 1.57 | 1.41 | 0.658 times |
| 22 Fri Mar 2024 | 1.52 | 1.61 | 1.62 | 1.51 | 0.759 times |
| 21 Thu Mar 2024 | 1.64 | 1.61 | 1.69 | 1.61 | 0.556 times |
| 20 Wed Mar 2024 | 1.61 | 1.51 | 1.63 | 1.51 | 0.794 times |
| 19 Tue Mar 2024 | 1.53 | 1.50 | 1.61 | 1.50 | 0.791 times |
My analysis of stock is bullish for shortterm, and stock might move up till 1.9 or till 2.1. Use a stoploss of 1.71 and if this stock hits its stoploss, then it can fall down till 1.52
Share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Target | 0.60 |
| Downside Target | 0.69 |
| Downside Target | 1.01 |
| Downside Target | 1.14 |
| Downside Target | 1.39 |
| Downside Target | 1.49 |
| Downside Target | 1.67 |
| Upside Target | 1.81 |
| Upside Target | 1.89 |
| Upside Target | 1.91 |
| Upside Target | 2.27 |
| Upside Target | 2.33 |
Intraday share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Intraday Target | 1.66 |
| Downside Intraday Target | 1.56 |
| Upside Intraday Target | 1.88 |
| Upside Intraday Target | 2 |
| Upside Intraday Target | 1.78 |
Weekly technical analysis of Purple Innovation (PRPL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 1.77 | 1.75 | 1.89 | 1.67 | 0.367 times |
| 28 Thu Mar 2024 | 1.74 | 1.52 | 1.81 | 1.41 | 1.137 times |
| 22 Fri Mar 2024 | 1.52 | 1.57 | 1.69 | 1.50 | 0.408 times |
| 15 Fri Mar 2024 | 1.56 | 1.94 | 2.27 | 1.49 | 1.673 times |
| 08 Fri Mar 2024 | 1.95 | 2.04 | 2.33 | 1.81 | 1.046 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 |
| 02 Tue Apr 2024 | 1.77 | 1.75 | 1.89 | 1.67 | 0.064 times |
| 28 Thu Mar 2024 | 1.74 | 1.84 | 2.33 | 1.41 | 1.368 times |
| 29 Thu Feb 2024 | 1.86 | 1.04 | 1.91 | 1.01 | 0.927 times |
| 31 Wed Jan 2024 | 1.02 | 1.03 | 1.14 | 0.69 | 0.571 times |
Scroll below to view daily charts
Price has moved up 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Purple Innovation in short term but the sell signal is initial and weak.
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 stronger in this stock.
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
RSI is generating a SELL signal in short term but selling is losing 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 1.62 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Purple Innovation in short term but the sell signal is initial and weak.
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 stronger in this stock.
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
RSI is generating a SELL signal in short term but selling is losing 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 1.62 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.