(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 2024-06-21 View latest technical analysis
10 day averaged volume of Pure Storage is 3601920
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 64.48 | 64.49 | 65.05 | 63.01 | 2.455 times |
| 20 Thu Jun 2024 | 65.96 | 69.62 | 70.21 | 64.78 | 1.26 times |
| 18 Tue Jun 2024 | 68.35 | 68.12 | 70.41 | 67.81 | 1.321 times |
| 18 Tue Jun 2024 | 68.35 | 68.12 | 70.41 | 67.81 | 1.321 times |
| 17 Mon Jun 2024 | 67.81 | 68.00 | 68.42 | 66.19 | 0.911 times |
| 14 Fri Jun 2024 | 67.68 | 68.01 | 68.87 | 67.36 | 0.724 times |
| 13 Thu Jun 2024 | 68.30 | 67.49 | 68.69 | 67.16 | 0.812 times |
| 12 Wed Jun 2024 | 66.89 | 65.36 | 67.55 | 64.98 | 0.968 times |
| 11 Tue Jun 2024 | 66.56 | 66.01 | 66.72 | 65.16 | 0.916 times |
| 10 Mon Jun 2024 | 66.10 | 64.39 | 66.47 | 63.97 | 0.924 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 bearish for shortterm, and stock might move down till 61.9 or till 58.5. Use a stoploss of 64.66 and if the stock hits stoploss, then it can shoot up till 67.46
Share price targets for Pure Storage (PSTG)
| Target Type | Value |
| Downside Target | 38.78 |
| Downside Target | 48.58 |
| Downside Target | 52.76 |
| Downside Target | 55.09 |
| Downside Target | 58.46 |
| Downside Target | 63.01 |
| Upside Target | 65.30 |
| Upside Target | 68.75 |
| Upside Target | 68.87 |
| Upside Target | 70.41 |
Intraday share price targets for Pure Storage (PSTG)
| Target Type | Value |
| Downside Intraday Target | 61.52 |
| Downside Intraday Target | 58.57 |
| Upside Intraday Target | 68.92 |
| Upside Intraday Target | 73.37 |
| Upside Intraday Target | 65.97 |
Weekly technical analysis of Pure Storage (PSTG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 64.48 | 68.12 | 70.41 | 63.01 | 2.256 times |
| 18 Tue Jun 2024 | 68.35 | 68.00 | 70.41 | 66.19 | 0.514 times |
| 14 Fri Jun 2024 | 67.68 | 64.39 | 68.87 | 63.97 | 0.915 times |
| 07 Fri Jun 2024 | 64.94 | 61.53 | 65.30 | 58.64 | 0.414 times |
| 31 Fri May 2024 | 60.29 | 62.00 | 68.75 | 59.38 | 2.896 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 |
| 21 Fri Jun 2024 | 64.48 | 61.53 | 70.41 | 58.64 | 0.653 times |
| 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 |
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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Pure Storage in short term but the sell signal is initial and weak.
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. Bears are getting stronger in this stock.
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 and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 66.74 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 has given negative 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Pure Storage in short term but the sell signal is initial and weak.
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. Bears are getting stronger in this stock.
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 and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 66.74 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 has given negative 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.