Technical Analysis for PSTG - Pure Storage, Inc.

Grade Last Price % Change Price Change
D 23.2 -2.19% -0.52
PSTG closed down 7.92 percent on Thursday, February 25, 2021, on 2.07 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down
Historical PSTG trend table...

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish -2.19%
Expansion Pivot Sell Setup Bearish Swing Setup -2.19%
Wide Range Bar Range Expansion -2.19%
Earnings Movers Other -2.19%
Outside Day Range Expansion -2.19%
Fell Below 20 DMA Bearish -9.27%
New Downtrend Bearish -9.27%
50 DMA Support Bullish -9.27%
Hammer Candlestick Bullish -9.27%
Lizard Bullish Bullish Day Trade Setup -9.27%
Older End-of-Day Signals for PSTG ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 5% about 3 hours ago
2x Volume Pace about 4 hours ago
Lower Bollinger Band Support about 4 hours ago
1.5x Volume Pace about 4 hours ago
Down 3% about 4 hours ago
View Earlier Intraday Alerts

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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.
Classification

Sector: Technology
Industry: Data Storage
Keywords: Telecommunications Computing Cloud Computing Cloud Infrastructure Flash Cloud Based Software Computer Data Storage Storage Platform

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 29.53
52 Week Low 7.93
Average Volume 4,493,516
200-Day Moving Average 18.85
50-Day Moving Average 24.36
20-Day Moving Average 26.41
10-Day Moving Average 26.92
Average True Range 1.28
ADX 33.78
+DI 19.74
-DI 35.85
Chandelier Exit (Long, 3 ATRs ) 25.68
Chandelier Exit (Short, 3 ATRs ) 25.21
Upper Bollinger Band 29.88
Lower Bollinger Band 22.94
Percent B (%b) 0.11
BandWidth 26.29
MACD Line 0.50
MACD Signal Line 1.00
MACD Histogram -0.4968
Fundamentals Value
Market Cap 6.36 Billion
Num Shares 268 Million
EPS -0.91
Price-to-Earnings (P/E) Ratio -26.15
Price-to-Sales 2.91
Price-to-Book 6.72
PEG Ratio 3.76
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 27.65
Resistance 3 (R3) 28.06 27.15 27.00
Resistance 2 (R2) 27.15 26.15 26.95 26.78
Resistance 1 (R1) 25.44 25.53 24.99 25.03 26.56
Pivot Point 24.53 24.53 24.31 24.33 24.53
Support 1 (S1) 22.82 23.53 22.37 22.41 20.88
Support 2 (S2) 21.91 22.91 21.71 20.66
Support 3 (S3) 20.20 21.91 20.45
Support 4 (S4) 19.79