Login or Join
 Learn then Earn

(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 42507

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 4.32 5.39 5.39 4.32 3.421 times
18 Mon Nov 2024 5.40 5.43 5.43 5.40 5.32 times
14 Thu Nov 2024 4.53 5.00 5.00 4.51 0.061 times
13 Wed Nov 2024 5.00 5.08 5.08 4.67 0.033 times
12 Tue Nov 2024 5.08 4.99 5.25 4.99 0.346 times

Stock of Purple (Purple) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4.4, but if it comes above 4.4, then a intra day buy could be more profitable.
If you take a sell trade below 4.4, then use 4.4 as stoploss and 4 as target. However if you take a buy trade in stock , then use 4.4 as stoploss and 4.77 as target.

Share price targets for Purple (Purple)

Target Type Value
Downside Target 4.20
Upside Target 4.50
Upside Target 5.18
Upside Target 5.33
Upside Target 5.43
Upside Target 5.45
Upside Target 5.48
Upside Target 5.75
Upside Target 5.79

Intraday share price targets for Purple (Purple)

Target Type Value
Downside Intraday Target 3.95
Downside Intraday Target 3.58
Upside Intraday Target 5.06
Upside Intraday Target 5.8
Upside Intraday Target 4.69

Weekly technical analysis of Purple (Purple)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 4.32 5.43 5.43 4.32 8.721 times
14 Thu Nov 2024 4.53 5.05 5.75 4.25 3.254 times
08 Fri Nov 2024 5.00 5.00 5.79 4.51 1.455 times
31 Thu Oct 2024 5.05 4.50 5.18 4.20 0.355 times
25 Fri Oct 2024 4.50 4.52 5.23 4.32 1.091 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Purple (Purple)

Date Monthly Closing Price Open High Low Volume
19 Tue Nov 2024 4.32 5.00 5.79 4.25 4.755 times
31 Thu Oct 2024 5.05 5.15 5.33 4.20 0.363 times
30 Mon Sep 2024 5.22 5.10 5.45 4.53 1.14 times
30 Fri Aug 2024 4.97 4.96 5.48 4.23 0.8 times

Price has moved down 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 21, 33, 22 Sell
MACD -0, -0Sell
Stochastics 32None
CCI -99Sell
RSI 50Buy
OBV 76962Sell
VWAP 5Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

Price action analysis of Purple ( (Purple) ) 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 ( (Purple) ) 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 ( (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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Purple in short term and the sell signal is strong.

Purple Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 4.94 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.

Click here for Purple charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme