(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 2024-09-11 View latest technical analysis
10 day averaged volume of Pure Storage is 5211792
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Wed Sep 2024 | 47.71 | 46.82 | 48.10 | 46.10 | 0.495 times |
| 10 Tue Sep 2024 | 46.71 | 46.40 | 47.01 | 46.01 | 0.513 times |
| 09 Mon Sep 2024 | 46.39 | 46.30 | 46.67 | 45.96 | 0.483 times |
| 06 Fri Sep 2024 | 45.73 | 46.61 | 47.11 | 44.76 | 0.682 times |
| 05 Thu Sep 2024 | 46.94 | 46.67 | 47.71 | 46.41 | 0.824 times |
| 04 Wed Sep 2024 | 47.39 | 47.41 | 47.97 | 46.29 | 1.011 times |
| 03 Tue Sep 2024 | 48.06 | 50.76 | 51.25 | 47.41 | 1.338 times |
| 30 Fri Aug 2024 | 51.29 | 50.67 | 51.96 | 50.50 | 1.026 times |
| 30 Fri Aug 2024 | 51.29 | 50.67 | 51.96 | 50.50 | 1.026 times |
| 29 Thu Aug 2024 | 50.32 | 51.01 | 54.24 | 50.02 | 2.381 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 48, but if it comes above 48, then a intra day buy could be more profitable.
If you take a sell trade below 48, then use 48 as stoploss and 39.8 as target. However if you take a buy trade in stock , then use 48 as stoploss and 54.83 as target.
Share price targets for Pure Storage (PSTG)
| Target Type | Value |
| Downside Target | 44.76 |
| Downside Target | 45.96 |
| Upside Target | 48.10 |
| Upside Target | 49.45 |
| Upside Target | 55.29 |
| Upside Target | 58.64 |
| Upside Target | 60.80 |
| Upside Target | 61.96 |
| Upside Target | 63.08 |
| Upside Target | 63.10 |
| 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 | 46.41 |
| Downside Intraday Target | 45.12 |
| Upside Intraday Target | 48.55 |
| Upside Intraday Target | 49.4 |
| Downside Intraday Target | 47.26 |
Weekly technical analysis of Pure Storage (PSTG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Wed Sep 2024 | 47.71 | 46.30 | 48.10 | 45.96 | 0.387 times |
| 06 Fri Sep 2024 | 45.73 | 50.76 | 51.25 | 44.76 | 3.757 times |
| 30 Fri Aug 2024 | 51.29 | 50.67 | 51.96 | 50.50 | 0.196 times |
| 30 Fri Aug 2024 | 51.29 | 61.46 | 61.96 | 50.02 | 2.785 times |
| 23 Fri Aug 2024 | 61.56 | 62.03 | 63.08 | 60.80 | 0.968 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 |
| 11 Wed Sep 2024 | 47.71 | 50.76 | 51.25 | 44.76 | 0.395 times |
| 30 Fri Aug 2024 | 51.29 | 59.38 | 63.10 | 49.79 | 1.159 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 |
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 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 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.
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 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 48.79 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 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 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.
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 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 48.79 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.