Is Purple Innovation, Inc. stock a buy or sell right now?

Based on current indicators, Purple Innovation, Inc. shows a Sell signal, with bearish momentum and trend strength favoring downside.

What is Purple Innovation, Inc.’s RSI?

RSI is 49.16, showing balanced momentum within the normal range.

What does MACD indicate for PRPL?

MACD at -0.01 shows bearish pressure, with downside momentum building.

What are Purple Innovation, Inc.’s key support and resistance levels?

Support sits around $0.62, while resistance is near $0.76.

Purple Innovation, Inc.

PRPL•NASDAQ

Consumer Cyclical

Furnishings, Fixtures & Appliances

$0.66

$0.003(0.50%)

U.S. Market is Open • 11:49

Purple Innovation, Inc. (PRPL) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Purple Innovation, Inc. (NASDAQ:PRPL).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

PRPL Technical Analysis Summary

Purple Innovation, Inc. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral

Momentum:Neutral to Bearish (RSI: 49.16)

Trend Strength:Moderate (ADX: 24.56)

Volatility:High (ATR: 0.05)

Support/Resistance:$0.62 – $0.76 (Bollinger Bands)

This mix signals that Purple Innovation, Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 49.16

Bearish

Below midpoint indicates downward pressure.

Stochastic %K: 57.27

Neutral

Mid-range signal with no clear trend.

Williams %R: -34.19

Bullish

Buying pressure building steadily.

Rate of Change (ROC): -6.35

Strongly Bearish

Sharp downside momentum.

Takeaway:Purple Innovation, Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.01

Bearish

Bearish, trend momentum is strengthening to the downside.

ADX: 24.56

Moderate

Moderate trend, direction gaining strength.

ATR (14): 0.05

Low

Low volatility, stable price action.

CCI (14): 6.85

Neutral

Neutral, no strong directional signal.

Takeaway:Purple Innovation, Inc. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators

Bollinger Bands

Upper Band

$0.76

Middle Band (SMA 20)

$0.69

Lower Band

$0.62

Current Position

Within Bands

Takeaway:Purple Innovation, Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels

Upper Channel

$0.78

Middle Line (EMA 20)

$0.68

Lower Channel

$0.58

Squeeze Status

Squeeze On

Takeaway:Purple Innovation, Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis

On-Balance Volume-1.90M

Money Flow Index49.74Neutral, balanced money flows with no clear signal.

Relative Vigor Index67.23Bullish, price momentum strongly favors buyers.

Overall Takeaway:PRPL shows mixed signals in money flow analysis.

Technical Trading Signals Summary

Based on the current technical analysis of Purple Innovation, Inc., here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Purple Innovation, Inc. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.