(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 2024-03-05 View latest technical analysis
10 day averaged volume of Purple Innovation is 1024360
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Tue Mar 2024 | 1.94 | 2.02 | 2.13 | 1.91 | 1.1 times |
| 04 Mon Mar 2024 | 2.08 | 2.04 | 2.33 | 2.01 | 2.071 times |
| 01 Fri Mar 2024 | 2.06 | 1.84 | 2.15 | 1.82 | 1.495 times |
| 29 Thu Feb 2024 | 1.86 | 1.77 | 1.91 | 1.75 | 1.067 times |
| 28 Wed Feb 2024 | 1.74 | 1.51 | 1.75 | 1.47 | 0.933 times |
| 27 Tue Feb 2024 | 1.50 | 1.34 | 1.53 | 1.32 | 0.844 times |
| 26 Mon Feb 2024 | 1.32 | 1.29 | 1.37 | 1.29 | 0.522 times |
| 23 Fri Feb 2024 | 1.31 | 1.33 | 1.45 | 1.27 | 0.653 times |
| 22 Thu Feb 2024 | 1.33 | 1.39 | 1.39 | 1.30 | 0.833 times |
| 21 Wed Feb 2024 | 1.34 | 1.39 | 1.41 | 1.32 | 0.635 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1.8, but if it comes below 1.8, then a intra day sell could be more profitable.
If you take a sell trade below 1.8, then use 1.8 as stoploss and 1.51 as target. However if you take a buy trade in stock , then use 1.8 as stoploss and 2.1 as target.
Share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Target | 0.55 |
| Downside Target | 0.60 |
| Downside Target | 0.69 |
| Downside Target | 1.01 |
| Downside Target | 1.11 |
| Downside Target | 1.14 |
| Downside Target | 1.27 |
| Downside Target | 1.39 |
| Downside Target | 1.49 |
| Downside Target | 1.65 |
| Downside Target | 1.82 |
| Downside Target | 1.91 |
| Upside Target | 2.15 |
| Upside Target | 2.33 |
Intraday share price targets for Purple Innovation (PRPL)
| Target Type | Value |
| Downside Intraday Target | 1.79 |
| Downside Intraday Target | 1.64 |
| Upside Intraday Target | 2.21 |
| Upside Intraday Target | 2.48 |
| Upside Intraday Target | 2.06 |
Weekly technical analysis of Purple Innovation (PRPL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Tue Mar 2024 | 1.94 | 2.04 | 2.33 | 1.91 | 0.652 times |
| 01 Fri Mar 2024 | 2.06 | 1.29 | 2.15 | 1.29 | 1.584 times |
| 23 Fri Feb 2024 | 1.31 | 1.44 | 1.49 | 1.27 | 0.697 times |
| 16 Fri Feb 2024 | 1.47 | 1.38 | 1.65 | 1.30 | 1.032 times |
| 09 Fri Feb 2024 | 1.40 | 1.14 | 1.49 | 1.11 | 1.413 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 |
| 05 Tue Mar 2024 | 1.94 | 1.84 | 2.33 | 1.82 | 0.284 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 |
| 29 Fri Dec 2023 | 1.03 | 0.64 | 1.39 | 0.60 | 0.8 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 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 BUY. Signal strength is Strong 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 1.76 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 BUY. Signal strength is Strong 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 1.76 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.