(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)
Showing technical analysis as on 2024-08-05 View latest technical analysis
10 day averaged volume of Purple is 6231
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 4.51 | 4.55 | 4.90 | 4.51 | 2.526 times |
| 02 Fri Aug 2024 | 4.74 | 4.89 | 4.89 | 4.58 | 0.706 times |
| 01 Thu Aug 2024 | 4.77 | 4.96 | 4.96 | 4.64 | 0.289 times |
| 31 Wed Jul 2024 | 4.79 | 4.90 | 4.90 | 4.61 | 0.964 times |
| 30 Tue Jul 2024 | 4.79 | 4.86 | 4.86 | 4.59 | 1.444 times |
| 29 Mon Jul 2024 | 4.76 | 4.54 | 4.94 | 4.54 | 1.394 times |
| 26 Fri Jul 2024 | 4.76 | 4.79 | 4.81 | 4.58 | 0.418 times |
| 25 Thu Jul 2024 | 4.79 | 4.65 | 4.82 | 4.50 | 1.84 times |
| 24 Wed Jul 2024 | 4.66 | 4.82 | 4.82 | 4.60 | 1.069 times |
| 23 Tue Jul 2024 | 4.73 | 4.54 | 4.89 | 4.54 | 0.813 times |
Stock of Purple (Purple) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 4.6, for a target of 4.7 or 4.77
Share price targets for Purple (Purple)
| Target Type | Value |
| Downside Target | 4.50 |
| Upside Target | 4.90 |
| Upside Target | 5.00 |
| Upside Target | 5.02 |
| Upside Target | 5.03 |
| Upside Target | 5.43 |
| Upside Target | 5.60 |
| Upside Target | 5.99 |
| Upside Target | 7.03 |
| Upside Target | 7.50 |
Intraday share price targets for Purple (Purple)
| Target Type | Value |
| Downside Intraday Target | 4.38 |
| Downside Intraday Target | 4.25 |
| Upside Intraday Target | 4.77 |
| Upside Intraday Target | 5.03 |
| Upside Intraday Target | 4.64 |
Weekly technical analysis of Purple (Purple)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 4.51 | 4.55 | 4.90 | 4.51 | 0.527 times |
| 02 Fri Aug 2024 | 4.74 | 4.54 | 4.96 | 4.54 | 0.922 times |
| 26 Fri Jul 2024 | 4.76 | 5.02 | 5.02 | 4.50 | 1.141 times |
| 19 Fri Jul 2024 | 4.81 | 4.90 | 5.02 | 4.56 | 0.515 times |
| 12 Fri Jul 2024 | 4.80 | 4.94 | 5.03 | 4.60 | 0.418 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 |
| 05 Mon Aug 2024 | 4.51 | 4.96 | 4.96 | 4.51 | 0.081 times |
| 31 Wed Jul 2024 | 4.79 | 5.43 | 5.43 | 4.50 | 0.887 times |
| 28 Fri Jun 2024 | 5.18 | 5.71 | 5.99 | 5.00 | 0.616 times |
| 31 Fri May 2024 | 5.71 | 5.96 | 7.03 | 4.51 | 2.778 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 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 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 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 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 Weak and stock is losing 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 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
Stock of Purple is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 4.7 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 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 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 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 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 Weak and stock is losing 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 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
Stock of Purple is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 4.7 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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