PRPL Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Purple Innovation Inc (PRPL) Moving Averages Convergence Divergence (MACD) indicator is -0.0108, suggesting PRPL is Strong Sell.

Purple Innovation Inc (PRPL) 20-Day simple moving average is 0.682, while Purple Innovation Inc (PRPL) share price is $0.6801, making it Sell.

Purple Innovation Inc (PRPL) 60-Day simple moving average is 0.723, while Purple Innovation Inc (PRPL) share price is $0.6801, making it Sell.

Technical Analysis for PRPL

Technical Sentiment Analysis for Purple Innovation Inc (PRPL) As of 2026-03-04, Purple Innovation Inc (PRPL) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 1 indicators are flashing buy, while 10 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for PRPL stands at 48.173, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.0108, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 54.471 and the Commodity Channel Index (CCI) at -5.106 further confirm a -0.0152 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, PRPL is trading below its 60-day moving average of $0.723 and below its 200-day long-term moving average of $0.819. Key price levels to watch include the immediate resistance at $0.705 and strong support at $0.625. A break above $0.705 could signal a bull continuation, while falling below $0.625 may test the next Fibonacci floor at $0.582.

Purple Innovation Inc (PRPL) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.545	0.582	0.625	0.662	0.705	0.742	0.785
Fibonacci	0.582	0.613	0.632	0.662	0.693	0.712	0.742

Purple Innovation Inc (PRPL) Technical Indicators

2026-03-04

Name	Value
RSI_14	48.173
STOCHk_14_3_3	54.471
STOCHd_14_3_3	53.87
CCI_20	-5.106
AO_5_34	-0.0253
MOM_10	-0.0152
MACD_12_26_9	-0.0108

Purple Innovation Inc (PRPL) Relative Strength Index (RSI) is 48.173, creating a Neutral signal.

Purple Innovation Inc (PRPL) Stochastic Oscillator is 54.471, creating a Neutral signal.

Purple Innovation Inc (PRPL) Stochastic RSI is 53.87, creating a Neutral signal.

Purple Innovation Inc (PRPL) Commodity Channel Index (CCI) is -5.106, creating a Neutral signal.

Purple Innovation Inc (PRPL) Awesome Oscillator is -0.0253, creating a Sell signal.

Purple Innovation Inc (PRPL) Momentum is -0.0152, creating a Sell signal.

Purple Innovation Inc (PRPL) MACD is -0.0108, creating a Sell signal.

Purple Innovation Inc (PRPL) Moving Average

2026-03-04

Period	Simple	Signal
MA_5	0.681	Sell
MA_10	0.667	Buy
MA_20	0.682	Sell
MA_60	0.723	Sell
MA_200	0.819	Sell
MA_250	0.801	Sell

Purple Innovation Inc (PRPL) 5-Day simple moving average is 0.681, while Purple Innovation Inc (PRPL) share price is $0.6801, making it a Sell.

Purple Innovation Inc (PRPL) 10-Day simple moving average is 0.667, while Purple Innovation Inc (PRPL) share price is $0.6801, making it a Buy.

Purple Innovation Inc (PRPL) 20-Day simple moving average is 0.682, while Purple Innovation Inc (PRPL) share price is $0.6801, making it a Sell.

Purple Innovation Inc (PRPL) 60-Day simple moving average is 0.723, while Purple Innovation Inc (PRPL) share price is $0.6801, making it a Sell.

Purple Innovation Inc (PRPL) 200-Day simple moving average is 0.819, while Purple Innovation Inc (PRPL) share price is $0.6801, making it a Sell.

Purple Innovation Inc (PRPL) 250-Day simple moving average is 0.801, while Purple Innovation Inc (PRPL) share price is $0.6801, making it a Sell.

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Frequently Asked Questions

What is the current technical consensus for PRPL?

The overall technical consensus for Purple Innovation Inc (PRPL) is currently Strong Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 0 buy signals and 5 sell signals.

What are the key support and resistance levels for Purple Innovation Inc (PRPL) today?

Based on pivot point calculations, Purple Innovation Inc (PRPL) has an immediate support level at 0.625 and a major resistance level at 0.705. Traders also monitor the pivot point at 0.662 to determine the intraday trend direction.

Is Purple Innovation Inc (PRPL) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Purple Innovation Inc (PRPL) is currently 48.173. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Purple Innovation Inc (PRPL)?

Purple Innovation Inc (PRPL) Moving Averages Convergence Divergence (MACD) indicator is -0.0108, suggesting PRPL is Strong Sell. This indicator helps identify potential trend reversals or momentum shifts for Purple Innovation Inc.

How is Purple Innovation Inc (PRPL) performing relative to its 200-day moving average?

Purple Innovation Inc (PRPL) is currently trading at $0.6801, which is below its 200-day simple moving average of 0.819. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.