(PSTG) Pure Storage complete technical analysis [charts+indicators] | Buy/Sell Pure Storage | (PSTG) share price targets
Complete technical analysis of Pure Storage (PSTG) by charts plus indicators, forecast predictions and share price targets for Pure Storage (PSTG)
Pure Storage trades in USA in Technology sector.
Showing technical analysis as on 2024-05-07 View latest technical analysis
10 day averaged volume of Pure Storage is 2577610
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 53.18 | 53.84 | 54.28 | 53.13 | 0.9 times |
| 06 Mon May 2024 | 53.95 | 52.71 | 54.12 | 52.42 | 1.009 times |
| 03 Fri May 2024 | 52.24 | 52.48 | 52.86 | 51.49 | 0.73 times |
| 02 Thu May 2024 | 51.43 | 50.96 | 51.48 | 49.45 | 0.662 times |
| 01 Wed May 2024 | 50.13 | 50.33 | 51.58 | 49.93 | 1.543 times |
| 30 Tue Apr 2024 | 50.40 | 52.24 | 52.85 | 50.38 | 1.232 times |
| 29 Mon Apr 2024 | 52.43 | 52.79 | 53.48 | 52.08 | 1.005 times |
| 26 Fri Apr 2024 | 52.95 | 52.71 | 53.18 | 51.98 | 0.882 times |
| 25 Thu Apr 2024 | 52.22 | 49.89 | 52.41 | 49.49 | 1.09 times |
| 24 Wed Apr 2024 | 50.65 | 52.75 | 52.94 | 50.57 | 1.041 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 53.5 as stoploss in an intra day sell trade for a target of 52.13. However, stock will show a bullish move above 53.5.
Share price targets for Pure Storage (PSTG)
| Target Type | Value |
| Downside Target | 34.32 |
| Downside Target | 38.78 |
| Downside Target | 42.48 |
| Downside Target | 48.58 |
| Downside Target | 51.35 |
| Downside Target | 52.42 |
| Upside Target | 53.48 |
| Upside Target | 54.28 |
| Upside Target | 54.29 |
| Upside Target | 55.09 |
| Upside Target | 58.46 |
Intraday share price targets for Pure Storage (PSTG)
| Target Type | Value |
| Downside Intraday Target | 52.31 |
| Downside Intraday Target | 51.43 |
| Upside Intraday Target | 54.17 |
| Upside Intraday Target | 55.15 |
| Upside Intraday Target | 53.29 |
Weekly technical analysis of Pure Storage (PSTG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 53.18 | 52.71 | 54.28 | 52.42 | 0.369 times |
| 03 Fri May 2024 | 52.24 | 52.79 | 53.48 | 49.45 | 1.052 times |
| 26 Fri Apr 2024 | 52.95 | 49.90 | 53.18 | 48.90 | 0.762 times |
| 19 Fri Apr 2024 | 49.46 | 53.93 | 54.29 | 48.58 | 1.195 times |
| 12 Fri Apr 2024 | 53.43 | 54.06 | 55.09 | 51.35 | 0.914 times |
Price has moved up 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 Pure Storage (PSTG)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 53.18 | 50.33 | 54.28 | 49.45 | 0.194 times |
| 30 Tue Apr 2024 | 50.40 | 52.00 | 55.09 | 48.58 | 0.752 times |
| 28 Thu Mar 2024 | 51.99 | 52.22 | 58.46 | 48.89 | 1.068 times |
| 29 Thu Feb 2024 | 52.65 | 40.37 | 52.76 | 38.78 | 0.549 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Pure Storage (PSTG)
Price action analysis of Pure Storage ( (PSTG) ) based on a short 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.
Price action analysis of Pure Storage ( (PSTG) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Pure Storage ( (PSTG) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Pure Storage ( (PSTG) ) 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 Pure Storage stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Pure Storage in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Pure Storage Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Pure Storage in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Pure Storage is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 51.81 and Pure Storage (PSTG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Pure Storage (PSTG) stock. Volume based technical analysis of Pure Storage (PSTG) stock is negative.
Pure Storage Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Pure Storage ( (PSTG) ) based on a short 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.
Price action analysis of Pure Storage ( (PSTG) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Pure Storage ( (PSTG) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Pure Storage ( (PSTG) ) 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 Pure Storage stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Pure Storage in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Pure Storage Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Pure Storage in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Pure Storage is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 51.81 and Pure Storage (PSTG) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Pure Storage (PSTG) stock. Volume based technical analysis of Pure Storage (PSTG) stock is negative.
Pure Storage Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.