Technical Breakout Setups. Analyze the stocks with the best technicals forming a breakout setup pattern at the moment.
US Only
Above 20
50 SMA > 500K
PURE STORAGE INC - CLASS A
New York Stock Exchange, Inc. / Information Technology / Technology Hardware, Storage & Peripherals
Technical Analysis
Fundamental Analysis
Analyst Ratings, Profile & Chart
Overall PSTG gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PSTG is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, PSTG did better than 96% of all other stocks. On top of that, PSTG also shows a nice and consistent pattern of rising prices.
PSTG is part of the Technology Hardware, Storage & Peripherals industry. There are 32 other stocks in this industry. PSTG outperforms 87% of them.
PSTG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PSTG is performing more or less in line with the market.
PSTG has an average volume of 3905980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month PSTG has a been trading in the 48.89 - 55.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PSTG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 49.77, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
42.83
53.84
When analyzing the support we can see 3 important areas.
- A support zone ranging from 49.14 to 49.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.76 from a trend line in the daily time frame.
- Support @43.26 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.93
Mansfield2.81
10 Day High55.09
10 Day Low51.05
20 Day High55.09
20 Day Low48.89
52 Week High58.46
52 Week Low22.14
Performance
1 Week1.1%
2 Weeks3.19%
1 Month5.36%
3 Month30.34%
6 Month61.15%
12 Month129%
2 Year81.95%
3 Year163.65%
5 Year133.2%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.24
RSI(14)55.21
LBB51.27
UBB54.71
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 55.10 | 51.04 | 4.06 (7.37%) | 13.57% |
| An entry @55.10. This is a Buy Stop order right above the 10 day high. | An exit @51.04. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.06 points, which is 7.37%. | For a 1.00% total portfolio risk, you can invest 13.57% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.