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(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 2024-10-04 View latest technical analysis

10 day averaged volume of Pure Storage is 3225820

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	51.24	50.78	51.45	50.03	0.756 times
03 Thu Oct 2024	49.76	49.80	50.68	49.35	0.566 times
02 Wed Oct 2024	49.92	48.77	50.60	48.77	0.708 times
01 Tue Oct 2024	48.77	50.05	50.05	48.51	0.636 times
30 Mon Sep 2024	50.24	49.18	50.24	48.98	1.168 times
27 Fri Sep 2024	49.44	50.37	50.82	49.13	0.893 times
26 Thu Sep 2024	50.45	51.31	51.58	50.09	1.225 times
25 Wed Sep 2024	50.42	49.82	50.59	49.73	0.823 times
24 Tue Sep 2024	49.81	50.20	50.57	49.56	0.729 times
23 Mon Sep 2024	50.19	50.79	51.12	50.07	0.974 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 50.6, but if it comes below 50.6, then a intra day sell could be more profitable.
If you take a sell trade below 50.6, then use 50.6 as stoploss and 49.37 as target. However if you take a buy trade in stock , then use 50.6 as stoploss and 52.1 as target.

Share price targets for Pure Storage (PSTG)

Target Type	Value
Downside Target	44.76
Downside Target	45.96
Downside Target	48.17
Downside Target	51.16
Upside Target	51.45
Upside Target	51.58
Upside Target	55.29
Upside Target	58.64
Upside Target	63.10
Upside Target	68.34
Upside Target	70.41

Intraday share price targets for Pure Storage (PSTG)

Target Type	Value
Downside Intraday Target	49.35
Downside Intraday Target	47.46
Upside Intraday Target	52.29
Upside Intraday Target	53.34
Downside Intraday Target	50.4

Weekly technical analysis of Pure Storage (PSTG)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	51.24	49.18	51.45	48.51	0.826 times
27 Fri Sep 2024	49.44	50.79	51.58	49.13	0.818 times
20 Fri Sep 2024	50.72	48.46	51.16	48.17	1.491 times
13 Fri Sep 2024	48.90	46.30	49.42	45.96	0.611 times
06 Fri Sep 2024	45.73	50.76	51.25	44.76	3.757 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
04 Fri Oct 2024	51.24	50.05	51.45	48.51	0.124 times
30 Mon Sep 2024	50.24	50.76	51.58	44.76	0.985 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Pure Storage in short term but the buy 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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 50.08 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 is giving positive 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.