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(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 19125

Date Daily Closing Price Open High Low Volume
22 Fri Oct 2021 14.08 14.08 14.08 14.08 0.384 times
21 Thu Oct 2021 13.41 13.41 13.41 13.41 0.182 times
20 Wed Oct 2021 12.78 12.78 12.78 12.78 0.049 times
19 Tue Oct 2021 12.18 12.18 12.18 12.18 0.257 times
18 Mon Oct 2021 11.60 11.60 11.60 11.60 0.062 times
14 Thu Oct 2021 11.05 11.05 11.05 10.54 0.526 times
13 Wed Oct 2021 10.53 10.53 10.53 10.53 0.099 times
12 Tue Oct 2021 10.03 9.90 10.03 9.14 2.418 times
11 Mon Oct 2021 9.56 9.31 10.27 9.31 2.793 times
08 Fri Oct 2021 9.79 9.50 10.50 9.50 2.332 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 13.7, but if it comes below 13.7, then a intra day sell could be more profitable.
If you take a sell trade below 13.7, then use 13.7 as stoploss and 12.01 as target. However if you take a buy trade in stock , then use 13.7 as stoploss and 15.8 as target.

Share price targets for Purple (Purple)

Target Type Value
Downside Target 9.14
Downside Target 9.50
Downside Target 11.05
Downside Target 11.60
Downside Target 12.00
Downside Target 12.70
Downside Target 14.08
Upside Target 15.50
Upside Target 19.95
Upside Target 28.00
Upside Target 29.40
Upside Target 29.50
Upside Target 35.65
Upside Target 36.00
Upside Target 38.70

Intraday share price targets for Purple (Purple)

Target Type Value
Downside Intraday Target 12.43
Downside Intraday Target 10.77
Upside Intraday Target 14.91
Upside Intraday Target 15.73
Downside Intraday Target 13.25

Weekly technical analysis of Purple (Purple)

Date Weekly Closing Price Open High Low Volume
22 Fri Oct 2021 14.08 11.60 14.08 11.60 0.16 times
14 Thu Oct 2021 11.05 9.31 11.05 9.14 0.807 times
08 Fri Oct 2021 9.79 11.47 12.00 9.50 11.524 times
01 Fri Oct 2021 12.07 15.50 15.50 12.07 1.162 times
24 Fri Sep 2021 15.50 19.00 19.95 15.50 73.262 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 (Purple)

Date Monthly Closing Price Open High Low Volume
22 Fri Oct 2021 14.08 12.95 14.08 9.14 4.932 times
30 Thu Sep 2021 12.70 28.00 28.00 12.70 4220.154 times
31 Tue Aug 2021 28.05 29.50 29.50 28.05 0 times
27 Tue Jul 2021 29.45 34.70 36.00 29.40 0.33 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Purple (Purple)

Indicator Name Indicator Value Indicator Signal
ADX 46, 36, 11 Buy
MACD -5, -7Buy
Stochastics 100Buy
CCI 131Buy
RSI 55Buy
OBV -131385Sell
VWAP 10Buy
ADL 0Sell
ROC 41Buy
Force Index 0Sell

Price action analysis of Purple ( (Purple) ) based on a short term time period is

Price action analysis of Purple ( (Purple) ) 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 ( (Purple) ) 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 ( (Purple) ) based on a mid to longer 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.

ADX buy sell signal for Purple stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Purple in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Purple 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Purple in short term and BUY 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 10.21 and Purple (Purple) 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 (Purple) stock. Volume based technical analysis of Purple (Purple) stock is negative.

Purple Stock is giving positive 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.

Click here for Purple charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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