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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 2024-02-26 View latest technical analysis

10 day averaged volume of Pure Storage is 3494360

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	41.50	40.82	41.77	40.79	0.825 times
23 Fri Feb 2024	40.57	41.25	41.47	40.52	1.102 times
22 Thu Feb 2024	41.19	40.67	41.37	40.32	1.066 times
21 Wed Feb 2024	39.23	39.99	39.99	38.78	1.516 times
20 Tue Feb 2024	40.80	41.43	41.61	40.59	1.523 times
16 Fri Feb 2024	42.95	43.46	43.61	42.78	0.526 times
15 Thu Feb 2024	43.41	42.65	43.54	42.20	0.749 times
14 Wed Feb 2024	42.43	42.00	42.74	41.35	0.896 times
13 Tue Feb 2024	42.71	42.80	43.64	42.26	1.028 times
12 Mon Feb 2024	44.51	44.75	45.34	44.46	0.809 times

My analysis of stock is bearish for shortterm, and stock might move down till 40.6 or till 38.8. Use a stoploss of 41.99 and if the stock hits stoploss, then it can shoot up till 43.43

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
Downside Target	40.79
Upside Target	41.61
Upside Target	41.77
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	40.94
Downside Intraday Target	40.37
Upside Intraday Target	41.92
Upside Intraday Target	42.33
Downside Intraday Target	41.35

Weekly technical analysis of Pure Storage (PSTG)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Feb 2024	41.50	40.82	41.77	40.79	0.158 times
23 Fri Feb 2024	40.57	41.43	41.61	38.78	1.299 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

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
26 Mon Feb 2024	41.50	40.37	45.34	38.78	0.389 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 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 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 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 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 green color and prices are above 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 41.58 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.