(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 2024-06-05 View latest technical analysis
10 day averaged volume of Pure Storage is 5937560
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 63.48 | 61.47 | 63.58 | 61.42 | 0.633 times |
| 04 Tue Jun 2024 | 60.44 | 59.79 | 60.51 | 59.27 | 0.451 times |
| 03 Mon Jun 2024 | 59.80 | 61.53 | 62.03 | 58.64 | 0.678 times |
| 31 Fri May 2024 | 60.29 | 63.02 | 64.51 | 59.38 | 3.745 times |
| 30 Thu May 2024 | 63.25 | 68.50 | 68.75 | 61.60 | 1.312 times |
| 29 Wed May 2024 | 63.00 | 61.50 | 63.06 | 61.00 | 1.079 times |
| 28 Tue May 2024 | 62.52 | 62.00 | 62.61 | 61.43 | 0.813 times |
| 24 Fri May 2024 | 61.05 | 60.03 | 61.61 | 59.78 | 0.585 times |
| 23 Thu May 2024 | 60.01 | 62.00 | 62.22 | 59.57 | 0.491 times |
| 22 Wed May 2024 | 60.31 | 60.32 | 60.63 | 59.81 | 0.391 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 62.2, but if it comes below 62.2, then a intra day sell could be more profitable.
If you take a sell trade below 62.2, then use 62.2 as stoploss and 59.22 as target. However if you take a buy trade in stock , then use 62.2 as stoploss and 65.9 as target.
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 |
| Downside Target | 60.51 |
| Downside Target | 62.22 |
| Upside Target | 63.58 |
| Upside Target | 68.75 |
Intraday share price targets for Pure Storage (PSTG)
| Target Type | Value |
| Downside Intraday Target | 60.22 |
| Downside Intraday Target | 56.96 |
| Upside Intraday Target | 65.16 |
| Upside Intraday Target | 66.84 |
| Downside Intraday Target | 61.9 |
Weekly technical analysis of Pure Storage (PSTG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 63.48 | 61.53 | 63.58 | 58.64 | 0.253 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 |
| 05 Wed Jun 2024 | 63.48 | 61.53 | 63.58 | 58.64 | 0.116 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 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 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.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 61.34 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 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 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 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.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 61.34 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.