(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 2024-03-27 View latest technical analysis
10 day averaged volume of Purple Innovation is 1091310
Date | Daily Closing Price | Open | High | Low | Volume |
27 Wed Mar 2024 | 1.56 | 1.52 | 1.59 | 1.50 | 1.276 times |
26 Tue Mar 2024 | 1.49 | 1.46 | 1.53 | 1.45 | 0.703 times |
25 Mon Mar 2024 | 1.44 | 1.52 | 1.57 | 1.41 | 0.503 times |
22 Fri Mar 2024 | 1.52 | 1.61 | 1.62 | 1.51 | 0.58 times |
21 Thu Mar 2024 | 1.64 | 1.61 | 1.69 | 1.61 | 0.425 times |
20 Wed Mar 2024 | 1.61 | 1.51 | 1.63 | 1.51 | 0.606 times |
19 Tue Mar 2024 | 1.53 | 1.50 | 1.61 | 1.50 | 0.604 times |
18 Mon Mar 2024 | 1.51 | 1.57 | 1.61 | 1.51 | 1.043 times |
15 Fri Mar 2024 | 1.56 | 1.49 | 1.62 | 1.49 | 1.217 times |
14 Thu Mar 2024 | 1.50 | 1.74 | 1.74 | 1.49 | 1.352 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1.5 as stoploss in an intra day buy trade for a target of 1.74. However, stock will show a bearish move below 1.5.
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 | 1.14 |
Downside Target | 1.29 |
Downside Target | 1.39 |
Downside Target | 1.49 |
Upside Target | 1.59 |
Upside Target | 1.69 |
Upside Target | 1.81 |
Upside Target | 1.91 |
Upside Target | 2.15 |
Upside Target | 2.27 |
Upside Target | 2.33 |
Intraday share price targets for Purple Innovation (PRPL)
Target Type | Value |
Downside Intraday Target | 1.45 |
Downside Intraday Target | 1.34 |
Upside Intraday Target | 1.63 |
Upside Intraday Target | 1.7 |
Downside Intraday Target | 1.52 |
Weekly technical analysis of Purple Innovation (PRPL)
Date | Weekly Closing Price | Open | High | Low | Volume |
27 Wed Mar 2024 | 1.56 | 1.52 | 1.59 | 1.41 | 0.762 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 |
01 Fri Mar 2024 | 2.06 | 1.29 | 2.15 | 1.29 | 1.584 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 |
27 Wed Mar 2024 | 1.56 | 1.84 | 2.33 | 1.41 | 1.289 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 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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Purple Innovation in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 1.53 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 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.
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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Purple Innovation in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 1.53 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 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.