(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 2024-08-01 View latest technical analysis
10 day averaged volume of Pure Storage is 2805990
Date | Daily Closing Price | Open | High | Low | Volume |
01 Thu Aug 2024 | 56.82 | 59.38 | 60.53 | 55.95 | 1.021 times |
31 Wed Jul 2024 | 59.93 | 59.42 | 60.70 | 58.46 | 1.327 times |
30 Tue Jul 2024 | 56.50 | 59.16 | 59.38 | 55.29 | 1.051 times |
29 Mon Jul 2024 | 58.20 | 58.66 | 59.43 | 58.19 | 0.614 times |
26 Fri Jul 2024 | 58.27 | 58.59 | 58.97 | 57.78 | 0.708 times |
25 Thu Jul 2024 | 57.42 | 58.05 | 58.61 | 55.75 | 1.107 times |
24 Wed Jul 2024 | 58.32 | 60.14 | 61.20 | 58.13 | 0.97 times |
23 Tue Jul 2024 | 61.24 | 61.06 | 62.18 | 60.48 | 0.918 times |
22 Mon Jul 2024 | 61.09 | 59.84 | 61.25 | 59.52 | 0.901 times |
19 Fri Jul 2024 | 59.10 | 59.63 | 60.27 | 58.58 | 1.182 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 58.1, but if it comes above 58.1, then a intra day buy could be more profitable.
If you take a sell trade below 58.1, then use 58.1 as stoploss and 53.9 as target. However if you take a buy trade in stock , then use 58.1 as stoploss and 61.55 as target.
Share price targets for Pure Storage (PSTG)
Target Type | Value |
Downside Target | 48.58 |
Downside Target | 55.09 |
Upside Target | 58.58 |
Upside Target | 60.53 |
Upside Target | 62.18 |
Upside Target | 64.01 |
Upside Target | 64.91 |
Upside Target | 66.42 |
Upside Target | 68.34 |
Upside Target | 68.75 |
Upside Target | 70.41 |
Intraday share price targets for Pure Storage (PSTG)
Target Type | Value |
Downside Intraday Target | 54.51 |
Downside Intraday Target | 52.19 |
Upside Intraday Target | 59.92 |
Upside Intraday Target | 63.01 |
Upside Intraday Target | 57.6 |
Weekly technical analysis of Pure Storage (PSTG)
Date | Weekly Closing Price | Open | High | Low | Volume |
01 Thu Aug 2024 | 56.82 | 58.66 | 60.70 | 55.29 | 0.871 times |
26 Fri Jul 2024 | 58.27 | 59.84 | 62.18 | 55.75 | 0.958 times |
19 Fri Jul 2024 | 59.10 | 66.00 | 66.42 | 58.58 | 1.067 times |
12 Fri Jul 2024 | 65.20 | 65.05 | 68.34 | 64.01 | 3.001 times |
05 Fri Jul 2024 | 64.68 | 62.80 | 64.91 | 62.55 | 0.461 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 |
01 Thu Aug 2024 | 56.82 | 59.38 | 60.53 | 55.95 | 0.047 times |
31 Wed Jul 2024 | 59.93 | 64.30 | 68.34 | 55.29 | 0.807 times |
28 Fri Jun 2024 | 64.21 | 61.53 | 70.41 | 58.64 | 0.834 times |
31 Fri May 2024 | 60.29 | 50.33 | 68.75 | 49.45 | 1.406 times |
Scroll below to view daily charts
Price has moved down 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 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 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 mid to longer 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.
ADX buy sell signal for Pure Storage stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Pure Storage in short term and the sell signal is strong.
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 red color and prices are below the red 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 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 58.7 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 negative.
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 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 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 mid to longer 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.
ADX buy sell signal for Pure Storage stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Pure Storage in short term and the sell signal is strong.
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 red color and prices are below the red 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 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 58.7 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.