Technical Analysis for PSTG - Pure Storage, Inc.

Grade Last Price % Change Price Change
A 34.63 1.11% 0.38
PSTG closed down 0.09 percent on Friday, June 2, 2023, on 2.39 times normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Jack-in-the-Box Bullish Bullish Swing Setup 1.11%
Upper Bollinger Band Walk Strength 1.11%
Inside Day Range Contraction 1.11%
Wide Bands Range Expansion 1.11%
Above Upper BB Strength 1.11%
Overbought Stochastic Strength 1.11%
Gapped Down Weakness 1.11%
New 52 Week Closing High Bullish 1.02%
Expansion Breakout Bullish Swing Setup 1.02%
Pocket Pivot Bullish Swing Setup 1.02%

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Alert Time
60 Minute Opening Range Breakout 43 minutes ago
Jack-in-the-Box Bullish Entry 43 minutes ago
Rose Above Previous Day's High 43 minutes ago
Up 1% 43 minutes ago
Down 1% about 2 hours ago

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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: Computing Telecommunications 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 35.42
52 Week Low 22.14
Average Volume 4,799,249
200-Day Moving Average 27.51
50-Day Moving Average 24.85
20-Day Moving Average 25.61
10-Day Moving Average 27.83
Average True Range 1.32
RSI (14) 84.76
ADX 41.58
+DI 58.66
-DI 4.88
Chandelier Exit (Long, 3 ATRs) 31.45
Chandelier Exit (Short, 3 ATRs) 26.11
Upper Bollinger Bands 32.48
Lower Bollinger Band 18.74
Percent B (%b) 1.13
BandWidth 53.69
MACD Line 2.04
MACD Signal Line 0.90
MACD Histogram 1.1409
Fundamentals Value
Market Cap 9.19 Billion
Num Shares 268 Million
EPS -0.91
Price-to-Earnings (P/E) Ratio -37.76
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) 37.14
Resistance 3 (R3) 36.95 35.79 36.66
Resistance 2 (R2) 35.79 35.06 35.89 36.50
Resistance 1 (R1) 35.02 34.60 35.41 35.21 36.34
Pivot Point 33.87 33.87 34.06 33.96 33.87
Support 1 (S1) 33.10 33.13 33.48 33.29 32.16
Support 2 (S2) 31.94 32.68 32.04 32.00
Support 3 (S3) 31.17 31.94 31.84
Support 4 (S4) 31.36