Purple Innovation (PRPL) Technical Analysis: Signals, Charts & Indicators

2.38 / 10

Underperform

Technical evaluation scores PRPL at 2.38/10 (Underperform). All four candlestick signals—Long Upper/Lower Shadows, Marubozu White and Hanging Man—show bearish or neutral bias, with no bullish patterns, indicating a weak and declining price structure.

Analysis Checks(0/4)

Long Upper Shadow

Score3.98/10

Win Rate54.41%

Hist. Signals68

Avg Return0.65%

Long Lower Shadow

Score1/10

Win Rate35.00%

Hist. Signals40

Avg Return-1.52%

Marubozu White

Score3.53/10

Win Rate51.72%

Hist. Signals29

Avg Return0.48%

Hanging Man

Score1/10

Win Rate33.33%

Hist. Signals3

Avg Return-1.65%

What is the current technical signals for PRPL?

PRPL presents a Underperform setup with a Technical Score of 2.38/10. Key technical indicators highlight an RSI of 40.79 and a MACD of -0.00, with the trend anchored by the 50-Day SMA at 0.70. Traders should monitor key support at 0.68 and resistance at 0.71.