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Purple Innovation, Inc.

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

Live technical indicators, trading signals, and momentum insights for Purple Innovation, Inc..

PRPL●NASDAQ
Consumer CyclicalFurnishings, Fixtures & Appliances
$0.39
$0.00(0.10%)
U.S. Market opens in 54h 37m
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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 shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 38.58)
Trend Strength:Moderate (ADX: 27.10)
Volatility:High (ATR: 0.03)
Support/Resistance:$0.38 – $0.43 (Bollinger Bands)

Overall, Purple Innovation, Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 38.58

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 26.55

Bearish
Momentum remains weak below midpoint.

Williams %R: -80.10

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -2.26

Bearish
Selling pressure outweighs buying.

Takeaway:Purple Innovation, Inc. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.02

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 27.10

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.03

Low
Low volatility, stable price action.

CCI (14): -95.12

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.43
Middle Band (SMA 20)
$0.41
Lower Band
$0.38
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$0.48
Middle Line (EMA 20)
$0.41
Lower Channel
$0.35
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-2.46M
Money Flow Index42.60Neutral, balanced money flows with no clear signal.
Relative Vigor Index39.47Bearish, price momentum favors sellers.

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

RVI below 50 → vigor tilted toward sellers.

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

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