(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 2024-02-22 View latest technical analysis
10 day averaged volume of Pure Storage is 3391090
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 41.19 | 40.67 | 41.37 | 40.32 | 1.098 times |
| 21 Wed Feb 2024 | 39.23 | 39.99 | 39.99 | 38.78 | 1.563 times |
| 20 Tue Feb 2024 | 40.80 | 41.43 | 41.61 | 40.59 | 1.57 times |
| 16 Fri Feb 2024 | 42.95 | 43.46 | 43.61 | 42.78 | 0.542 times |
| 15 Thu Feb 2024 | 43.41 | 42.65 | 43.54 | 42.20 | 0.772 times |
| 14 Wed Feb 2024 | 42.43 | 42.00 | 42.74 | 41.35 | 0.924 times |
| 13 Tue Feb 2024 | 42.71 | 42.80 | 43.64 | 42.26 | 1.059 times |
| 12 Mon Feb 2024 | 44.51 | 44.75 | 45.34 | 44.46 | 0.833 times |
| 09 Fri Feb 2024 | 44.75 | 44.48 | 45.22 | 44.35 | 0.808 times |
| 08 Thu Feb 2024 | 44.14 | 42.55 | 44.35 | 42.55 | 1.211 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 40.5 as stoploss in an intra day buy trade for a target of 41.98. However, stock will show a bearish move below 40.5.
Share price targets for Pure Storage (PSTG)
| Target Type | Value |
| Downside Target | 31.00 |
| Downside Target | 31.79 |
| Downside Target | 34.32 |
| Downside Target | 36.99 |
| Downside Target | 39.80 |
| Upside Target | 41.61 |
| Upside Target | 42.48 |
| Upside Target | 42.68 |
| Upside Target | 45.22 |
| Upside Target | 45.34 |
Intraday share price targets for Pure Storage (PSTG)
| Target Type | Value |
| Downside Intraday Target | 39.44 |
| Downside Intraday Target | 37.7 |
| Upside Intraday Target | 42.27 |
| Upside Intraday Target | 43.36 |
| Downside Intraday Target | 40.53 |
Weekly technical analysis of Pure Storage (PSTG)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 41.19 | 41.43 | 41.61 | 38.78 | 1.024 times |
| 16 Fri Feb 2024 | 42.95 | 44.75 | 45.34 | 41.35 | 0.898 times |
| 09 Fri Feb 2024 | 44.75 | 42.29 | 45.22 | 40.91 | 1.049 times |
| 02 Fri Feb 2024 | 42.25 | 40.70 | 42.68 | 39.80 | 0.805 times |
| 26 Fri Jan 2024 | 40.67 | 41.48 | 42.48 | 40.55 | 1.015 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 |
| 22 Thu Feb 2024 | 41.19 | 40.37 | 45.34 | 38.78 | 0.343 times |
| 31 Wed Jan 2024 | 39.99 | 35.28 | 42.48 | 34.32 | 1.933 times |
| 29 Fri Dec 2023 | 35.66 | 33.21 | 37.70 | 31.79 | 1.04 times |
| 30 Thu Nov 2023 | 33.31 | 33.68 | 38.28 | 31.00 | 1.698 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Pure Storage stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Pure Storage in short term but the sell signal is initial and weak.
Pure Storage Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining 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 42.25 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 positive
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 sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Pure Storage stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Pure Storage in short term but the sell signal is initial and weak.
Pure Storage Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining 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 42.25 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.