Technical Analysis for PSTG - Pure Storage, Inc.

Grade Last Price % Change Price Change
grade C 16.62 -4.21% -0.73
PSTG closed down 4.21 percent on Tuesday, February 25, 2020, on 2.1 times normal volume. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.
Earnings due: Feb 28
*** please verify all earnings dates ***

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical PSTG trend table...

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish 0.00%
Expansion Breakdown Bearish Swing Setup 0.00%
Reversal New Lows Setup Bearish Swing Setup 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Outside Day Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%

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Profile

Pure Storage, Inc. provides an enterprise data storage platform in the United States, Europe, and Asia. The company's storage platform integrates the Purity Operating Environment, a flash-optimized software; FlashArray, a modular and scalable all-flash array hardware; and Pure1, a cloud-based management and support platform. Its customers include large and mid-size organizations across various industries, including cloud-based software and service providers, consumer Web, education, energy, financial services, governments, healthcare, manufacturing, media, retail, and telecommunications. The company was formerly known as OS76, Inc. and changed its name to Pure Storage, Inc. in January 2010. Pure Storage, Inc. was founded in 2009 and is headquartered in Mountain View, California.
Financial Services Energy Telecommunications Manufacturing Healthcare Computing Cloud Computing Cloud Infrastructure Flash Computer Data Storage Cloud Based Software Netapp

Is PSTG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 23.53
52 Week Low 12.675
Average Volume 2,904,547
200-Day Moving Average 17.06
50-Day Moving Average 18.05
20-Day Moving Average 18.47
10-Day Moving Average 18.42
Average True Range 0.62
ADX 20.5
+DI 19.76
-DI 34.20
Chandelier Exit (Long, 3 ATRs ) 17.90
Chandelier Exit (Short, 3 ATRs ) 18.41
Upper Bollinger Band 19.83
Lower Bollinger Band 17.12
Percent B (%b) -0.18
BandWidth 14.69
MACD Line -0.16
MACD Signal Line 0.09
MACD Histogram -0.2522
Fundamentals Value
Market Cap 3.51 Billion
Num Shares 211 Million
EPS -1.21
Price-to-Earnings (P/E) Ratio -13.74
Price-to-Sales 4.17
Price-to-Book 7.78
PEG Ratio -1.87
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 18.24
Resistance 3 (R3) 18.40 18.02 17.97
Resistance 2 (R2) 18.02 17.61 17.94 17.88
Resistance 1 (R1) 17.32 17.35 17.13 17.16 17.79
Pivot Point 16.94 16.94 16.85 16.86 16.94
Support 1 (S1) 16.24 16.53 16.05 16.08 15.45
Support 2 (S2) 15.86 16.27 15.78 15.36
Support 3 (S3) 15.16 15.86 15.27
Support 4 (S4) 15.00