(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 2024-08-06 View latest technical analysis
10 day averaged volume of Pure Storage is 2787890
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 53.84 | 53.33 | 54.64 | 52.49 | 0.65 times |
| 05 Mon Aug 2024 | 52.86 | 49.79 | 53.75 | 49.79 | 1.169 times |
| 02 Fri Aug 2024 | 54.29 | 54.54 | 54.86 | 52.67 | 1.063 times |
| 01 Thu Aug 2024 | 56.82 | 59.38 | 60.53 | 55.95 | 1.027 times |
| 31 Wed Jul 2024 | 59.93 | 59.42 | 60.70 | 58.46 | 1.336 times |
| 30 Tue Jul 2024 | 56.50 | 59.16 | 59.38 | 55.29 | 1.058 times |
| 29 Mon Jul 2024 | 58.20 | 58.66 | 59.43 | 58.19 | 0.618 times |
| 26 Fri Jul 2024 | 58.27 | 58.59 | 58.97 | 57.78 | 0.713 times |
| 25 Thu Jul 2024 | 57.42 | 58.05 | 58.61 | 55.75 | 1.114 times |
| 24 Wed Jul 2024 | 58.32 | 60.14 | 61.20 | 58.13 | 0.977 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 55.8, but if it comes above 55.8, then a intra day buy could be more profitable.
If you take a sell trade below 55.8, then use 55.8 as stoploss and 50.9 as target. However if you take a buy trade in stock , then use 55.8 as stoploss and 59.81 as target.
Share price targets for Pure Storage (PSTG)
| Target Type | Value |
| Downside Target | 48.58 |
| Downside Target | 52.67 |
| Upside Target | 54.64 |
| Upside Target | 58.58 |
| Upside Target | 60.53 |
| Upside Target | 62.18 |
| Upside Target | 64.01 |
| 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 | 50.87 |
| Downside Intraday Target | 47.91 |
| Upside Intraday Target | 55.72 |
| Upside Intraday Target | 57.61 |
| Downside Intraday Target | 52.76 |
Weekly technical analysis of Pure Storage (PSTG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Aug 2024 | 53.84 | 49.79 | 54.64 | 49.79 | 0.357 times |
| 02 Fri Aug 2024 | 54.29 | 58.66 | 60.70 | 52.67 | 1.101 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 |
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 |
| 06 Tue Aug 2024 | 53.84 | 59.38 | 60.53 | 49.79 | 0.179 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Pure Storage stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Pure Storage in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Pure Storage in short term but BUY 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 56.67 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Pure Storage stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Pure Storage in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Pure Storage in short term but BUY 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 56.67 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.