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(Purplefin) Purplefin complete technical analysis [charts+indicators] | Buy/Sell Purplefin | (Purplefin) share price targets

Complete technical analysis of Purplefin (Purplefin) by charts plus indicators, forecast predictions and share price targets for Purplefin (Purplefin)

Showing technical analysis as on 2024-11-12 View latest technical analysis

10 day averaged volume of Purplefin is 189809

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	44.05	45.98	45.98	43.47	1.404 times
11 Mon Nov 2024	44.70	43.24	45.50	43.24	1.342 times
08 Fri Nov 2024	44.24	45.99	45.99	43.47	0.406 times
07 Thu Nov 2024	45.75	49.40	49.98	45.45	0.805 times
06 Wed Nov 2024	47.76	46.80	47.76	45.70	1.544 times
05 Tue Nov 2024	45.49	41.17	45.49	41.17	2.628 times
04 Mon Nov 2024	43.33	43.26	46.00	43.26	2.401 times
01 Fri Nov 2024	45.53	45.53	45.53	45.53	0.413 times
31 Thu Oct 2024	47.92	47.92	47.92	47.92	0.142 times
30 Wed Oct 2024	48.89	48.89	48.89	48.89	0.104 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 45.1, but if it comes above 45.1, then a intra day buy could be more profitable.
If you take a sell trade below 45.1, then use 45.1 as stoploss and 38.9 as target. However if you take a buy trade in stock , then use 45.1 as stoploss and 50.23 as target.

Share price targets for Purplefin (Purplefin)

Target Type	Value
Downside Target	41.17
Downside Target	43.24
Upside Target	45.53
Upside Target	47.92
Upside Target	49.98
Upside Target	51.92
Upside Target	56.27
Upside Target	57.40
Upside Target	59.78
Upside Target	62.05
Upside Target	70.22
Upside Target	73.81
Upside Target	89.48
Upside Target	92.02
Upside Target	104.90

Intraday share price targets for Purplefin (Purplefin)

Target Type	Value
Downside Intraday Target	42.87
Downside Intraday Target	41.68
Upside Intraday Target	45.61
Upside Intraday Target	47.16
Upside Intraday Target	44.42

Weekly technical analysis of Purplefin (Purplefin)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	44.05	43.24	45.98	43.24	0.353 times
08 Fri Nov 2024	44.24	43.26	49.98	41.17	8.637 times
01 Fri Nov 2024	45.53	50.89	50.89	45.53	3.213 times
25 Fri Oct 2024	51.92	56.27	56.27	51.92	0.837 times
18 Fri Oct 2024	57.41	59.78	59.78	57.40	1.451 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Purplefin (Purplefin)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	44.05	45.53	49.98	41.17	7.884 times
31 Thu Oct 2024	47.92	70.22	70.22	47.92	0.421 times
30 Mon Sep 2024	71.65	75.00	92.02	71.40	3.868 times
30 Fri Aug 2024	77.00	86.21	89.48	73.81	0.141 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Purplefin (Purplefin)

Price action analysis of Purplefin ( (Purplefin) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Purplefin ( (Purplefin) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Purplefin ( (Purplefin) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Purplefin ( (Purplefin) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Purplefin stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Purplefin in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Purplefin Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Purplefin in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Purplefin is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 45.1 and Purplefin (Purplefin) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Purplefin (Purplefin) stock. Volume based technical analysis of Purplefin (Purplefin) stock is negative.

Purplefin Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.