PURPLE INNOVATION INC (PRPL) Stock Technical Analysis
NASDAQ:PRPL - Nasdaq - US74640Y1064 - Common Stock - Currency: USD
Overall PRPL gets a technical rating of 0 out of 10. PRPL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, PRPL is a bad performer in the overall market: 95% of all stocks are doing better.
PRPL is part of the Household Durables industry. There are 64 other stocks in this industry, of which 85% are performing better than PRPL.
PRPL is currently trading near the lower end of its 52 week range, which is not a good sign. PRPL is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month PRPL has a been trading in the 0.56 - 0.84 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, PRPL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.55
1.17
We found 1 important support area.
- A support zone ranging from 0.56 to 0.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 0.65 to 0.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.69 from a horizontal line in the daily time frame.
- Resistance @0.90 from a trend line in the weekly time frame.
- Resistance @1.01 from a trend line in the weekly time frame.
- Resistance @1.16 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.43
Mansfield-3.78
10 Day High0.73
10 Day Low0.56
20 Day High0.84
20 Day Low0.56
52 Week High1.75
52 Week Low0.56
Performance
1 Week3.92%
2 Weeks-7.88%
1 Month-19.89%
3 Month-45.78%
6 Month-33.86%
12 Month-62.62%
2 Year-79.74%
3 Year-85.39%
5 Year-94.02%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)40.7
LBB0.54
UBB0.71
0.6018
-0.03 (-4.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-4.49%
1 Week3.92%
2 Weeks-7.88%
1 Month-19.89%
3 Month-45.78%
6 Month-33.86%
12 Month-62.62%
2 Year-79.74%
3 Year-85.39%
5 Year-94.02%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%12.92%
ATR Inc-29.03%
Range Today0.06
ADR(20)0.08
ADR(20)%12.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.43
Mansfield-3.78
10 Day High0.73
10 Day Low0.56
20 Day High0.84
20 Day Low0.56
52 Week High1.75
52 Week Low0.56
CS1 End0.56
CR1 Start0.65
Volume & EV
DER(3)2.77%
DER(5)1.96%
Volume220.23K
Volume Incr23.31%
Vol(5)460.87K
Vol(50)805.45K