(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 2024-05-06 View latest technical analysis
10 day averaged volume of Pure Storage is 2600400
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 53.95 | 52.71 | 54.12 | 52.42 | 1 times |
| 03 Fri May 2024 | 52.24 | 52.48 | 52.86 | 51.49 | 0.724 times |
| 02 Thu May 2024 | 51.43 | 50.96 | 51.48 | 49.45 | 0.656 times |
| 01 Wed May 2024 | 50.13 | 50.33 | 51.58 | 49.93 | 1.529 times |
| 30 Tue Apr 2024 | 50.40 | 52.24 | 52.85 | 50.38 | 1.221 times |
| 29 Mon Apr 2024 | 52.43 | 52.79 | 53.48 | 52.08 | 0.997 times |
| 26 Fri Apr 2024 | 52.95 | 52.71 | 53.18 | 51.98 | 0.874 times |
| 25 Thu Apr 2024 | 52.22 | 49.89 | 52.41 | 49.49 | 1.081 times |
| 24 Wed Apr 2024 | 50.65 | 52.75 | 52.94 | 50.57 | 1.032 times |
| 23 Tue Apr 2024 | 51.80 | 50.95 | 51.87 | 50.90 | 0.799 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 53.5, but if it comes below 53.5, then a intra day sell could be more profitable.
If you take a sell trade below 53.5, then use 53.5 as stoploss and 52.11 as target. However if you take a buy trade in stock , then use 53.5 as stoploss and 55.1 as target.
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 |
| Downside Target | 53.48 |
| Upside Target | 54.12 |
| 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 | 52.87 |
| Downside Intraday Target | 51.8 |
| Upside Intraday Target | 54.57 |
| Upside Intraday Target | 55.2 |
| Downside Intraday Target | 53.5 |
Weekly technical analysis of Pure Storage (PSTG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 53.95 | 52.71 | 54.12 | 52.42 | 0.195 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 |
| 06 Mon May 2024 | 53.95 | 50.33 | 54.12 | 49.45 | 0.158 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 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 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 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 moving up
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 51.69 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 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 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 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 moving up
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 51.69 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.