Is Purple Innovation, Inc. technically bullish or bearish?
As of May 1, 2025, Purple Innovation, Inc. exhibits a mildly bearish trend, influenced by bearish daily moving averages and weekly Bollinger Bands, despite some mildly bullish signals from the MACD and KST.
As of 1 May 2025, the technical trend for Purple Innovation, Inc. has changed from bearish to mildly bearish. The current technical stance is mildly bearish, driven by the daily moving averages indicating a bearish outlook and the weekly Bollinger Bands also showing a mildly bearish trend. While the MACD and KST are mildly bullish on the weekly and monthly time frames, the overall sentiment remains cautious due to the bearish signals from the moving averages and Bollinger Bands. The RSI shows no signal, indicating a lack of momentum in either direction.
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