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.O) Moving Averages Convergence Divergence (MACD) indicator is -0.0161, suggesting PRPL.O is Sell.

Purple Innovation Inc (PRPL.O) 20-Day simple moving average is 0.722, while Purple Innovation Inc (PRPL.O) share price is $0.7004, making it Sell.

Purple Innovation Inc (PRPL.O) 60-Day simple moving average is 0.739, while Purple Innovation Inc (PRPL.O) share price is $0.7004, making it Sell.

Technical Analysis for PRPL

Technical Sentiment Analysis for Purple Innovation Inc (PRPL) As of 2026-02-06, Purple Innovation Inc (PRPL) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 4 indicators are flashing buy, while 7 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for PRPL stands at 46.834, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.0161, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 32.831 and the Commodity Channel Index (CCI) at -78.119 further confirm a -0.0244 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, PRPL is trading below its 60-day moving average of $0.739 and below its 200-day long-term moving average of $0.825. Key price levels to watch include the immediate resistance at $0.749 and strong support at $0.647. A break above $0.749 could signal a bull continuation, while falling below $0.647 may test the next Fibonacci floor at $0.597.

Purple Innovation Inc (PRPL) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.546	0.597	0.647	0.698	0.749	0.8	0.85
Fibonacci	0.597	0.636	0.659	0.698	0.737	0.761	0.8

Purple Innovation Inc (PRPL) Technical Indicators

2026-02-06

Name	Value
RSI_14	46.834
STOCHk_14_3_3	32.831
STOCHd_14_3_3	26.159
CCI_20	-78.119
AO_5_34	-0.038
MOM_10	-0.0244
MACD_12_26_9	-0.0161

Purple Innovation Inc (PRPL) Relative Strength Index (RSI) is 46.834, creating a Neutral signal.

Purple Innovation Inc (PRPL) Stochastic Oscillator is 32.831, creating a Neutral signal.

Purple Innovation Inc (PRPL) Stochastic RSI is 26.159, creating a Neutral signal.

Purple Innovation Inc (PRPL) Commodity Channel Index (CCI) is -78.119, creating a Neutral signal.

Purple Innovation Inc (PRPL) Awesome Oscillator is -0.038, creating a Sell signal.

Purple Innovation Inc (PRPL) Momentum is -0.0244, creating a Sell signal.

Purple Innovation Inc (PRPL) MACD is -0.0161, creating a Sell signal.

Purple Innovation Inc (PRPL) Moving Average

2026-02-06

Period	Simple	Signal
MA_5	0.685	Buy
MA_10	0.698	Buy
MA_20	0.722	Sell
MA_60	0.739	Sell
MA_200	0.825	Sell
MA_250	0.818	Sell

Purple Innovation Inc (PRPL) 5-Day simple moving average is 0.685, while Purple Innovation Inc (PRPL) share price is $0.7004, making it a Buy.

Purple Innovation Inc (PRPL) 10-Day simple moving average is 0.698, while Purple Innovation Inc (PRPL) share price is $0.7004, making it a Buy.

Purple Innovation Inc (PRPL) 20-Day simple moving average is 0.722, while Purple Innovation Inc (PRPL) share price is $0.7004, making it a Sell.

Purple Innovation Inc (PRPL) 60-Day simple moving average is 0.739, while Purple Innovation Inc (PRPL) share price is $0.7004, making it a Sell.

Purple Innovation Inc (PRPL) 200-Day simple moving average is 0.825, while Purple Innovation Inc (PRPL) share price is $0.7004, making it a Sell.

Purple Innovation Inc (PRPL) 250-Day simple moving average is 0.818, while Purple Innovation Inc (PRPL) share price is $0.7004, 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 sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 2 buy signals and 3 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 0.647 and a major resistance level at 0.749. Traders also monitor the pivot point at 0.698 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 46.834. 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 -0.0161, suggesting PRPL is 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 $0.7004, which is below its 200-day simple moving average of 0.825. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.