(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 2024-11-07 View latest technical analysis
10 day averaged volume of Purple Innovation is 359250
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Thu Nov 2024 | 0.81 | 0.86 | 0.86 | 0.81 | 1.848 times |
| 06 Wed Nov 2024 | 0.85 | 0.87 | 0.87 | 0.84 | 1.37 times |
| 05 Tue Nov 2024 | 0.83 | 0.93 | 0.93 | 0.83 | 2.114 times |
| 04 Mon Nov 2024 | 0.94 | 0.91 | 0.94 | 0.88 | 1.438 times |
| 01 Fri Nov 2024 | 0.91 | 0.91 | 0.93 | 0.90 | 0.524 times |
| 31 Thu Oct 2024 | 0.89 | 0.90 | 0.93 | 0.85 | 0.911 times |
| 30 Wed Oct 2024 | 0.89 | 0.91 | 0.94 | 0.89 | 0.764 times |
| 29 Tue Oct 2024 | 0.91 | 0.91 | 0.92 | 0.89 | 0.318 times |
| 28 Mon Oct 2024 | 0.91 | 0.87 | 0.92 | 0.86 | 0.626 times |
| 25 Fri Oct 2024 | 0.86 | 0.90 | 0.90 | 0.85 | 1.199 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 0.8, for a target of 0.9 or 0.9
Share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Target | 0.81 |
| Upside Target | 0.85 |
| Upside Target | 0.87 |
| Upside Target | 0.89 |
| Upside Target | 0.94 |
| Upside Target | 0.97 |
| Upside Target | 0.98 |
| Upside Target | 0.99 |
| Upside Target | 1.00 |
| Upside Target | 1.19 |
| Upside Target | 1.40 |
| Upside Target | 1.50 |
Intraday share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Intraday Target | 0.77 |
| Downside Intraday Target | 0.72 |
| Upside Intraday Target | 0.9 |
| Upside Intraday Target | 0.98 |
| Upside Intraday Target | 0.85 |
Weekly technical analysis of Purple Innovation (PRPL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Thu Nov 2024 | 0.81 | 0.91 | 0.94 | 0.81 | 2.154 times |
| 01 Fri Nov 2024 | 0.91 | 0.87 | 0.94 | 0.85 | 0.738 times |
| 25 Fri Oct 2024 | 0.86 | 0.92 | 0.98 | 0.85 | 1.634 times |
| 18 Fri Oct 2024 | 0.94 | 0.90 | 0.95 | 0.87 | 1.07 times |
| 11 Fri Oct 2024 | 0.90 | 0.95 | 0.97 | 0.89 | 0.449 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Purple Innovation (PRPL)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Thu Nov 2024 | 0.81 | 0.91 | 0.94 | 0.81 | 0.465 times |
| 31 Thu Oct 2024 | 0.89 | 0.99 | 1.00 | 0.85 | 0.777 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 |
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 BUY signal for Purple Innovation in short term but the buy signal is initial and weak.
Purple Innovation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 0.87 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 BUY signal for Purple Innovation in short term but the buy signal is initial and weak.
Purple Innovation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 0.87 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.