(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 2024-08-09 View latest technical analysis
10 day averaged volume of Pure Storage is 2602970
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 56.68 | 55.02 | 56.91 | 54.99 | 0.864 times |
| 08 Thu Aug 2024 | 55.24 | 53.95 | 55.36 | 53.19 | 0.857 times |
| 07 Wed Aug 2024 | 52.75 | 54.59 | 55.14 | 52.43 | 0.966 times |
| 06 Tue Aug 2024 | 53.84 | 53.33 | 54.64 | 52.49 | 0.697 times |
| 05 Mon Aug 2024 | 52.86 | 49.79 | 53.75 | 49.79 | 1.253 times |
| 02 Fri Aug 2024 | 54.29 | 54.54 | 54.86 | 52.67 | 1.139 times |
| 01 Thu Aug 2024 | 56.82 | 59.38 | 60.53 | 55.95 | 1.1 times |
| 31 Wed Jul 2024 | 59.93 | 59.42 | 60.70 | 58.46 | 1.431 times |
| 30 Tue Jul 2024 | 56.50 | 59.16 | 59.38 | 55.29 | 1.133 times |
| 29 Mon Jul 2024 | 58.20 | 58.66 | 59.43 | 58.19 | 0.662 times |
My analysis of stock is bearish for shortterm, and stock might move down till 54.7 or till 50.7. Use a stoploss of 58.13 and if the stock hits stoploss, then it can shoot up till 61.52
Share price targets for Pure Storage (PSTG)
| Target Type | Value |
| Downside Target | 48.58 |
| Downside Target | 52.67 |
| Downside Target | 55.09 |
| Upside Target | 56.91 |
| 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 | 52.01 |
| Downside Intraday Target | 47.34 |
| Upside Intraday Target | 59.13 |
| Upside Intraday Target | 61.58 |
| Downside Intraday Target | 54.46 |
Weekly technical analysis of Pure Storage (PSTG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 56.68 | 49.79 | 56.91 | 49.79 | 0.848 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 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 |
| 09 Fri Aug 2024 | 56.68 | 59.38 | 60.53 | 49.79 | 0.294 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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
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 SELL signal in short term but selling 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 55.8 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 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 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
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 SELL signal in short term but selling 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 55.8 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 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.