(Purple) Purple complete technical analysis [charts+indicators] | Buy/Sell Purple | (Purple) share price targets
Complete technical analysis of Purple (Purple) by charts plus indicators, forecast predictions and share price targets for Purple (Purple)
10 day averaged volume of Purple is 17209
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 5.79 | 5.96 | 5.96 | 5.78 | 0.892 times |
| 09 Thu May 2024 | 6.08 | 6.69 | 6.69 | 6.08 | 1.281 times |
| 08 Wed May 2024 | 6.39 | 6.50 | 6.82 | 6.18 | 2.202 times |
| 07 Tue May 2024 | 6.50 | 7.00 | 7.03 | 6.50 | 0.944 times |
| 06 Mon May 2024 | 6.70 | 6.72 | 6.72 | 6.08 | 0.658 times |
| 03 Fri May 2024 | 6.40 | 6.40 | 6.40 | 6.10 | 2.563 times |
| 02 Thu May 2024 | 6.10 | 5.96 | 6.13 | 5.96 | 0.229 times |
| 30 Tue Apr 2024 | 5.84 | 5.84 | 6.13 | 5.84 | 1.583 times |
| 29 Mon Apr 2024 | 5.84 | 6.12 | 6.19 | 5.81 | 0.236 times |
| 26 Fri Apr 2024 | 6.00 | 6.20 | 6.20 | 5.75 | 0.109 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5.9, but if it comes above 5.9, then a intra day buy could be more profitable.
If you take a sell trade below 5.9, then use 5.9 as stoploss and 5.6 as target. However if you take a buy trade in stock , then use 5.9 as stoploss and 6.11 as target.
Share price targets for Purple (Purple)
| Target Type | Value |
| Downside Target | 3.57 |
| Downside Target | 4.80 |
| Downside Target | 5.25 |
| Downside Target | 5.60 |
| Upside Target | 6.20 |
| Upside Target | 6.40 |
| Upside Target | 6.84 |
| Upside Target | 6.87 |
| Upside Target | 7.02 |
| Upside Target | 7.03 |
| Upside Target | 7.50 |
Intraday share price targets for Purple (Purple)
| Target Type | Value |
| Downside Intraday Target | 5.37 |
| Downside Intraday Target | 4.95 |
| Upside Intraday Target | 6.62 |
| Upside Intraday Target | 7.45 |
| Upside Intraday Target | 6.2 |
Weekly technical analysis of Purple (Purple)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 5.79 | 6.72 | 7.03 | 5.78 | 1.296 times |
| 03 Fri May 2024 | 6.40 | 6.12 | 6.40 | 5.81 | 6.358 times |
| 26 Fri Apr 2024 | 6.00 | 6.10 | 6.20 | 5.75 | 0.375 times |
| 19 Fri Apr 2024 | 6.10 | 5.88 | 6.20 | 5.60 | 1.265 times |
| 12 Fri Apr 2024 | 5.88 | 6.84 | 6.84 | 5.88 | 0.348 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 (Purple)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 10 Fri May 2024 | 5.79 | 5.96 | 7.03 | 5.78 | 0.843 times |
| 30 Tue Apr 2024 | 5.84 | 5.84 | 7.50 | 5.60 | 0.828 times |
| 28 Thu Mar 2024 | 6.12 | 5.90 | 7.02 | 5.25 | 0.679 times |
| 29 Thu Feb 2024 | 6.20 | 5.72 | 6.87 | 4.80 | 0.547 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 (Purple)
Price action analysis of Purple ( (Purple) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Purple ( (Purple) ) based on a short 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.
Price action analysis of Purple ( (Purple) ) based on a short to mid 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.
Price action analysis of Purple ( (Purple) ) 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 stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Purple in short term but the sell signal is initial and weak.
Purple 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Purple 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Purple is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.23 and Purple (Purple) 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 (Purple) stock. Volume based technical analysis of Purple (Purple) stock is negative.
Purple Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
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 ( (Purple) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Purple ( (Purple) ) based on a short 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.
Price action analysis of Purple ( (Purple) ) based on a short to mid 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.
Price action analysis of Purple ( (Purple) ) 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 stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Purple in short term but the sell signal is initial and weak.
Purple 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Purple 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Purple is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.23 and Purple (Purple) 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 (Purple) stock. Volume based technical analysis of Purple (Purple) stock is negative.
Purple Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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