PURE STORAGE INC - CLASS A (PSTG) Stock Technical Analysis
NYSE:PSTG - New York Stock Exchange, Inc. - US74624M1027 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to PSTG. Recently some decent action could be observed, but in the medium term time frame this is still negative. PSTG was also a bad performer in the overall market in the last year.
74% of all other stocks performed better in the past year than PSTG.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month PSTG has a been trading in the 42.46 - 57.16 range, which is quite wide. It is currently trading near the high of this range.
PSTG has an average volume of 2819750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PSTG is part of the Technology Hardware, Storage & Peripherals industry. There are 32 other stocks in this industry, PSTG did better than 67% of them.
PSTG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PSTG is lagging the market slightly.
PSTG has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
37.19
57.14
When analyzing the support we notice one important area.
- Support @37.57 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 56.57 to 56.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.44
Mansfield-0.38
10 Day High57.16
10 Day Low46.51
20 Day High57.16
20 Day Low42.46
52 Week High73.67
52 Week Low34.51
Performance
1 Week2.58%
2 Weeks18.83%
1 Month40.09%
3 Month-13.11%
6 Month9.45%
12 Month-7.39%
2 Year96.39%
3 Year138.26%
5 Year221.07%
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)1.03
RSI(14)72.03
LBB43.68
UBB59.83
56.54
+0.27 (+0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg0.48%
1 Week2.58%
2 Weeks18.83%
1 Month40.09%
3 Month-13.11%
6 Month9.45%
12 Month-7.39%
2 Year96.39%
3 Year138.26%
5 Year221.07%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.95
ATR(20)%3.48%
ATR Inc-29.14%
Range Today1.08
ADR(20)1.57
ADR(20)%2.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.44
Mansfield-0.38
10 Day High57.16
10 Day Low46.51
20 Day High57.16
20 Day Low42.46
52 Week High73.67
52 Week Low34.51
CS1 End37.57
CR1 Start56.57
Volume & EV
DER(3)1.14%
DER(5)-1.41%
Volume2.63M
Volume Incr33.38%
Vol(5)2.89M
Vol(50)2.82M