(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 2024-05-31 View latest technical analysis
10 day averaged volume of Pure Storage is 3858133
Date | Daily Closing Price | Open | High | Low | Volume |
31 Fri May 2024 | 60.29 | 63.02 | 64.51 | 59.38 | 5.764 times |
30 Thu May 2024 | 63.25 | 68.50 | 68.75 | 61.60 | 2.02 times |
29 Wed May 2024 | 63.00 | 61.50 | 63.06 | 61.00 | 1.661 times |
28 Tue May 2024 | 62.52 | 62.00 | 62.61 | 61.43 | 1.251 times |
24 Fri May 2024 | 61.05 | 60.03 | 61.61 | 59.78 | 0.9 times |
23 Thu May 2024 | 60.01 | 62.00 | 62.22 | 59.57 | 0.755 times |
22 Wed May 2024 | 60.31 | 60.32 | 60.63 | 59.81 | 0.601 times |
21 Tue May 2024 | 59.91 | 58.77 | 60.24 | 58.06 | 0.7 times |
20 Mon May 2024 | 60.12 | 59.33 | 60.44 | 59.19 | 0.738 times |
17 Fri May 2024 | 59.15 | 59.55 | 60.51 | 58.82 | 0.812 times |
Stock of Pure Storage (PSTG) has showed a significant fall. This could be a good time to exit from this stock.
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 61.5 as stoploss in an intra day sell trade for a target of 58.01. However, stock will show a bullish move above 61.5.
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 | 52.42 |
Downside Target | 58.06 |
Downside Target | 58.46 |
Downside Target | 59.38 |
Upside Target | 60.51 |
Upside Target | 62.22 |
Upside Target | 68.75 |
Intraday share price targets for Pure Storage (PSTG)
Target Type | Value |
Downside Intraday Target | 56.86 |
Downside Intraday Target | 53.44 |
Upside Intraday Target | 66.23 |
Upside Intraday Target | 72.18 |
Upside Intraday Target | 62.81 |
Weekly technical analysis of Pure Storage (PSTG)
Date | Weekly Closing Price | Open | High | Low | Volume |
31 Fri May 2024 | 60.29 | 62.00 | 68.75 | 59.38 | 2.896 times |
24 Fri May 2024 | 61.05 | 59.33 | 62.22 | 58.06 | 0.869 times |
17 Fri May 2024 | 59.15 | 54.41 | 60.51 | 53.91 | 1.521 times |
10 Fri May 2024 | 54.41 | 52.71 | 54.95 | 52.42 | 0.809 times |
03 Fri May 2024 | 52.24 | 52.79 | 53.48 | 49.45 | 1.052 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Pure Storage (PSTG)
Date | Monthly Closing Price | Open | High | Low | Volume |
31 Fri May 2024 | 60.29 | 50.33 | 68.75 | 49.45 | 1.406 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 to mid 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Pure Storage in short term and the buy signal is strong.
Pure Storage 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Pure Storage in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Pure Storage is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 61.11 and Pure Storage (PSTG) 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 to mid 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Pure Storage in short term and the buy signal is strong.
Pure Storage 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Pure Storage in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Pure Storage is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 61.11 and Pure Storage (PSTG) 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 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.