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(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 2024-10-15 View latest technical analysis

10 day averaged volume of Pure Storage is 2096170

Date	Daily Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	52.59	53.97	54.61	52.43	1.004 times
14 Mon Oct 2024	53.90	53.64	54.60	53.64	0.912 times
11 Fri Oct 2024	53.20	52.83	53.74	52.61	1.242 times
10 Thu Oct 2024	53.09	52.59	53.27	52.17	0.812 times
09 Wed Oct 2024	53.16	52.52	53.30	52.06	0.992 times
08 Tue Oct 2024	52.51	51.53	52.59	51.01	0.864 times
07 Mon Oct 2024	51.32	51.07	51.63	51.00	1.075 times
04 Fri Oct 2024	51.24	50.78	51.45	50.03	1.164 times
03 Thu Oct 2024	49.76	49.80	50.68	49.35	0.871 times
02 Wed Oct 2024	49.92	48.77	50.60	48.77	1.09 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 52.5, but if it comes below 52.5, then a intra day sell could be more profitable.
If you take a sell trade below 52.5, then use 52.5 as stoploss and 50.99 as target. However if you take a buy trade in stock , then use 52.5 as stoploss and 54.3 as target.

Share price targets for Pure Storage (PSTG)

Target Type	Value
Downside Target	44.76
Downside Target	48.17
Downside Target	51.00
Upside Target	53.74
Upside Target	54.61
Upside Target	55.29
Upside Target	58.64
Upside Target	63.10
Upside Target	68.34
Upside Target	70.41

Intraday share price targets for Pure Storage (PSTG)

Target Type	Value
Downside Intraday Target	51.81
Downside Intraday Target	51.03
Upside Intraday Target	53.99
Upside Intraday Target	55.39
Upside Intraday Target	53.21

Weekly technical analysis of Pure Storage (PSTG)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	52.59	53.64	54.61	52.43	0.384 times
11 Fri Oct 2024	53.20	51.07	53.74	51.00	0.845 times
04 Fri Oct 2024	51.24	49.18	51.45	48.51	0.826 times
27 Fri Sep 2024	49.44	50.79	51.58	49.13	0.818 times
20 Fri Sep 2024	50.72	48.46	51.16	48.17	1.491 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 Pure Storage (PSTG)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Tue Oct 2024	52.59	50.05	54.61	48.51	0.332 times
30 Mon Sep 2024	50.24	50.76	51.58	44.76	0.985 times
30 Fri Aug 2024	51.29	59.38	63.10	49.79	1.159 times
31 Wed Jul 2024	59.93	64.30	68.34	55.29	0.807 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 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 BUY signal for Pure Storage 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.

Pure Storage Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 SELL signal for Pure Storage in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 52.05 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.