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(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 2025-05-28 View latest technical analysis

10 day averaged volume of Purple Innovation is 415580

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed May 2025	0.78	0.81	0.83	0.78	1.083 times
27 Tue May 2025	0.83	0.85	0.86	0.81	0.89 times
23 Fri May 2025	0.82	0.80	0.85	0.78	0.683 times
22 Thu May 2025	0.82	0.83	0.85	0.80	1.291 times
21 Wed May 2025	0.83	0.87	0.90	0.82	1.397 times
20 Tue May 2025	0.90	0.86	0.91	0.83	1.171 times
19 Mon May 2025	0.86	0.85	0.87	0.82	1.11 times
16 Fri May 2025	0.89	0.87	0.91	0.85	0.803 times
15 Thu May 2025	0.87	0.80	0.88	0.80	0.857 times
14 Wed May 2025	0.82	0.88	0.91	0.81	1.091 times

My analysis of stock is bearish for shortterm, and stock might move down till 0.7 or till 0.6. Use a stoploss of 0.8 and if the stock hits stoploss, then it can shoot up till 0.88

Share price targets for Purple Innovation (PRPL)

Target Type	Value
Downside Target	0.56
Downside Target	0.59
Downside Target	0.63
Downside Target	0.65
Downside Target	0.68
Downside Target	0.75
Downside Target	0.78
Upside Target	0.80
Upside Target	0.84
Upside Target	0.86
Upside Target	0.91
Upside Target	0.97
Upside Target	0.98
Upside Target	1.02
Upside Target	1.13
Upside Target	1.29

Intraday share price targets for Purple Innovation (PRPL)

Target Type	Value
Downside Intraday Target	0.75
Downside Intraday Target	0.73
Upside Intraday Target	0.83
Upside Intraday Target	0.89
Upside Intraday Target	0.81

Weekly technical analysis of Purple Innovation (PRPL)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed May 2025	0.78	0.85	0.86	0.78	0.349 times
23 Fri May 2025	0.82	0.85	0.91	0.78	0.53 times
16 Fri May 2025	0.89	0.80	0.98	0.80	0.291 times
09 Fri May 2025	0.79	0.68	0.97	0.66	10.235 times
02 Fri May 2025	0.66	0.64	0.68	0.59	1.609 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 Wed May 2025	0.78	0.68	0.98	0.63	3.289 times
30 Wed Apr 2025	0.68	0.79	0.84	0.56	0.252 times
31 Mon Mar 2025	0.76	0.84	1.02	0.65	3.241 times
28 Fri Feb 2025	0.85	1.10	1.13	0.80	0.761 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 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Purple Innovation ( (PRPL) ) based on a mid to longer 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.

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 but the sell 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 green color and prices are in or below the green 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 but buying is losing 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 0.84 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.