NASDAQ:PRPL • US74640Y1064
Overall PRPL gets a technical rating of 0 out of 10. 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.
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.
0.63
When analyzing the resistance we notice 5 important areas.
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for PRPL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PRPL is down. |
| ChartMill Relative Strength | 13.97 | NEGATIVE | PRPL has a low relative strength, it was outperformed by 86.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PRPL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PRPL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PRPL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.53 | NEUTRAL | The RSI value for PRPL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PRPL has a negative trend. |
| Stochastics (14,3) | 35.33 | NEUTRAL | The Stochastics value for PRPL is a neutral value. |
| Average True Range in percent/ATR (20) | 7.1 | HIGH VOLATILITY | The high ATR as a percentage value for PRPL suggests high volalility. |
| Average Directional Index/ADX (14) | 25.71 | POSITIVE | The high ADX value value for PRPL suggests a strong trend. |
0.6355
-0.05 (-7.29%)
ChartMill assigns a technical rating of 0 / 10 to PRPL.
The current trend direction for PURPLE INNOVATION INC (PRPL) is Bearish.
PURPLE INNOVATION INC (PRPL) has an RSI value of 35.53. This indicates that the stock is currently neutral.
The MACD indicator for PURPLE INNOVATION INC (PRPL) has a value of -0.00222132, indicating a bearish trend.
The short term momentum for PURPLE INNOVATION INC (PRPL) is negative.