(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 2024-06-04 View latest technical analysis
10 day averaged volume of Pure Storage is 5954271
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 60.44 | 59.79 | 60.51 | 59.27 | 0.45 times |
| 03 Mon Jun 2024 | 59.80 | 61.53 | 62.03 | 58.64 | 0.676 times |
| 31 Fri May 2024 | 60.29 | 63.02 | 64.51 | 59.38 | 3.735 times |
| 30 Thu May 2024 | 63.25 | 68.50 | 68.75 | 61.60 | 1.309 times |
| 29 Wed May 2024 | 63.00 | 61.50 | 63.06 | 61.00 | 1.076 times |
| 28 Tue May 2024 | 62.52 | 62.00 | 62.61 | 61.43 | 0.811 times |
| 24 Fri May 2024 | 61.05 | 60.03 | 61.61 | 59.78 | 0.583 times |
| 23 Thu May 2024 | 60.01 | 62.00 | 62.22 | 59.57 | 0.489 times |
| 22 Wed May 2024 | 60.31 | 60.32 | 60.63 | 59.81 | 0.39 times |
| 21 Tue May 2024 | 59.91 | 58.77 | 60.24 | 58.06 | 0.453 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 61.8 as stoploss in an intra day sell trade for a target of 58.71. However, stock will show a bullish move above 61.8.
Share price targets for Pure Storage (PSTG)
| Target Type | Value |
| Downside Target | 38.78 |
| Downside Target | 48.58 |
| Downside Target | 52.42 |
| Downside Target | 53.91 |
| Downside Target | 58.06 |
| Downside Target | 59.38 |
| Upside Target | 60.51 |
| Upside Target | 62.03 |
| Upside Target | 62.22 |
| Upside Target | 68.75 |
Intraday share price targets for Pure Storage (PSTG)
| Target Type | Value |
| Downside Intraday Target | 58.71 |
| Downside Intraday Target | 56.98 |
| Upside Intraday Target | 62.1 |
| Upside Intraday Target | 63.76 |
| Downside Intraday Target | 60.37 |
Weekly technical analysis of Pure Storage (PSTG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 60.44 | 61.53 | 62.03 | 58.64 | 0.162 times |
| 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 |
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 |
| 04 Tue Jun 2024 | 60.44 | 61.53 | 62.03 | 58.64 | 0.074 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Pure Storage in short term but the sell signal is initial and weak.
Pure Storage Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up
CCI has generated a SELL signal for Pure Storage in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 61.14 and Pure Storage (PSTG) stock is trading below this level. This means that stock is falling with high volumes. 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Pure Storage in short term but the sell signal is initial and weak.
Pure Storage Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up
CCI has generated a SELL signal for Pure Storage in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 61.14 and Pure Storage (PSTG) stock is trading below this level. This means that stock is falling with high volumes. 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.