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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 2024-02-15 View latest technical analysis

10 day averaged volume of Pure Storage is 3113380

Date	Daily Closing Price	Open	High	Low	Volume
15 Thu Feb 2024	43.41	42.65	43.54	42.20	0.841 times
14 Wed Feb 2024	42.43	42.00	42.74	41.35	1.006 times
13 Tue Feb 2024	42.71	42.80	43.64	42.26	1.154 times
12 Mon Feb 2024	44.51	44.75	45.34	44.46	0.908 times
09 Fri Feb 2024	44.75	44.48	45.22	44.35	0.88 times
08 Thu Feb 2024	44.14	42.55	44.35	42.55	1.319 times
07 Wed Feb 2024	42.54	41.94	42.73	41.65	0.781 times
06 Tue Feb 2024	41.68	42.09	42.24	40.91	1.299 times
05 Mon Feb 2024	41.89	42.29	42.80	41.59	0.731 times
02 Fri Feb 2024	42.25	41.21	42.68	40.81	1.231 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 43.3, but if it comes below 43.3, then a intra day sell could be more profitable.
If you take a sell trade below 43.3, then use 43.3 as stoploss and 42.01 as target. However if you take a buy trade in stock , then use 43.3 as stoploss and 44.9 as target.

Share price targets for Pure Storage (PSTG)

Target Type	Value
Downside Target	31.00
Downside Target	31.79
Downside Target	34.32
Downside Target	35.35
Downside Target	36.99
Downside Target	39.80
Downside Target	41.35
Downside Target	42.48
Downside 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	41.39
Downside Intraday Target	39.38
Upside Intraday Target	45.38
Upside Intraday Target	47.36
Downside Intraday Target	43.37

Weekly technical analysis of Pure Storage (PSTG)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Thu Feb 2024	43.41	44.75	45.34	41.35	0.78 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
19 Fri Jan 2024	40.90	36.45	40.91	35.35	8.431 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
15 Thu Feb 2024	43.41	40.37	45.34	40.01	0.232 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 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 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 BUY. Signal strength is Weak and stock is gaining 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. Bulls are getting tired and bears 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 and BUY signal is strong.

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 43 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 rising upwards.

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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.