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PURPLE INNOVATION INC (PRPL) Stock Technical Analysis

USA - Nasdaq - NASDAQ:PRPL - US74640Y1064 - Common Stock

0.75 USD
-0.02 (-2.66%)
Last: 12/19/2025, 9:59:33 AM
Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to PRPL. PRPL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
85% of all other stocks performed better in the past year than PRPL.
PRPL is one of the lesser performing stocks in the Household Durables industry. 70% of 61 stocks in the same industry do better.
PRPL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month PRPL has a been trading in the 0.69 - 0.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
PURPLE INNOVATION INC / PRPL Weekly stock chart
PURPLE INNOVATION INC / PRPL Daily stock chart
Setup Rating and Analysis

6

PRPL has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for PRPL in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

0.67

1.09

When analyzing the support we can see 3 important areas.

  • Support @0.73 from a horizontal line in the weekly time frame.
  • Support @0.71 from a trend line in the daily time frame.
  • Support @0.68 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 5 important areas.

  • Resistance @0.75 from a trend line in the weekly time frame.
  • A resistance zone ranging from 0.78 to 0.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.85 from a horizontal line in the daily time frame.
  • Resistance @0.98 from a trend line in the weekly time frame.
  • Resistance @1.08 from a trend line in the weekly time frame.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for PRPL is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for PRPL is down.
ChartMill Relative Strength15.18NEGATIVEPRPL has a low relative strength, it was outperformed by 84.82% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of PRPL is below the rising SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of PRPL is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of PRPL is below a declining SMA(200).
Relative Strength Index/RSI (14)47.1NEUTRALThe RSI value for PRPL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests PRPL has a positive trend, although the MACD value is declining.
Stochastics (14,3)31.38NEUTRALThe Stochastics value for PRPL is a neutral value.
Average True Range in percent/ATR (20)7.64HIGH VOLATILITYThe high ATR as a percentage value for PRPL suggests high volalility.
Average Directional Index/ADX (14)14.23NEGATIVEThe low ADX value for PRPL suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
PURPLE INNOVATION INC / PRPL Daily stock chart

PURPLE INNOVATION INC

NASDAQ:PRPL (12/19/2025, 9:59:33 AM)

0.75

-0.02 (-2.66%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryHousehold Durables
Performance
% Chg-2.66%
1 Week-8.57%
2 Weeks2.24%
1 Month7.58%
3 Month-25.91%
6 Month8.87%
12 Month-15.01%
2 Year-25.19%
3 Year-83.91%
5 Year-97.66%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%7.64%
ATR Inc-40.74%
Range Today0.01
ADR(20)0.06
ADR(20)%7.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.18
3 months CRS12.37
6 months CRS58.43
Mansfield-1.77
10 Day High0.87
10 Day Low0.73
20 Day High0.87
20 Day Low0.69
52 Week High1.29
52 Week Low0.56
CS1 End0.75
CR1 Start0.78
Volume & EV
DER(3)16.49%
DER(5)13.21%
Volume9.91K
Volume Incr-57.92%
Vol(5)129.88K
Vol(50)422.71K

PURPLE INNOVATION INC / PRPL FAQ

What is the ChartMill technical rating of PURPLE INNOVATION INC (PRPL) stock?

ChartMill assigns a technical rating of 1 / 10 to PRPL.


What is the trend direction for PRPL stock?

The current trend direction for PURPLE INNOVATION INC (PRPL) is Bearish.


What is the RSI signal for PRPL stock?

PURPLE INNOVATION INC (PRPL) has an RSI value of 47.0995. This indicates that the stock is currently neutral.


What is the short term momentum for PURPLE INNOVATION INC (PRPL) stock?

The short term momentum for PURPLE INNOVATION INC (PRPL) is negative.


Can you provide the buy/sell signal for PURPLE INNOVATION INC?

The buy/sell signal for PURPLE INNOVATION INC (PRPL) is sell as both the short term and long term trends are negative.