PURE STORAGE INC - CLASS A (PSTG)
US74624M1027 - Common Stock
Taking everything into account, PSTG scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, PSTG has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that PSTG is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by PSTG over the past year are nicely spread over this period.
PSTG is one of the better performing stocks in the Technology Hardware, Storage & Peripherals industry, it outperforms 90% of 32 stocks in the same industry.
PSTG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PSTG is lagging the market slightly.
In the last month PSTG has a been trading in the 48.58 - 55.09 range, which is quite wide. It is currently trading near the high of this range.
PSTG has an average volume of 3708570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, PSTG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 53.45, a Stop Loss order could be placed below this zone.
More info and screens
44.06
53.89
We found 5 important support areas.
- A support zone ranging from 51.96 to 52.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @51.02 from a trend line in the daily time frame.
- A support zone ranging from 49.45 to 50.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @46.94 from a trend line in the daily time frame.
- Support @44.50 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @53.36 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.67
Mansfield2.06
10 Day High54.28
10 Day Low49.45
20 Day High55.09
20 Day Low48.58
52 Week High58.46
52 Week Low23.25
Performance
1 Week5.52%
2 Weeks2.66%
1 Month0.85%
3 Month18.84%
6 Month46.46%
12 Month128.83%
2 Year124.11%
3 Year179.16%
5 Year235.31%
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)0.08
RSI(14)54.57
LBB49.17
UBB54.14
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 |
|---|---|---|---|
| 54.29 | 51.81 | 2.48 (4.57%) | 21.89% |
| An entry @54.29. This is a Buy Stop order right above the 10 day high. | An exit @51.81. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.48 points, which is 4.57%. | For a 1.00% total portfolio risk, you can invest 21.89% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PSTG. Please evaluate whether better entry and exit points can be found.
- 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.
PURE STORAGE INC - CLASS A
NYSE:PSTG (5/7/2024, 3:15:35 PM)
After market: 53.18 0 (0%)53.18
-0.77 (-1.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-1.43%
1 Week5.52%
2 Weeks2.66%
1 Month0.85%
3 Month18.84%
6 Month46.46%
12 Month128.83%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.88
ATR(20)%3.55%
ATR Inc
Range Today1.15
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High54.28
10 Day Low49.45
20 Day High55.09
20 Day Low48.58
52 Week High58.46
52 Week Low23.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.32M
Volume Incr-15.31%
Vol(5)2.50M
Vol(50)3.71M