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Stock Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Pure Storage, Inc. Class A (NYSE:PSTG)

Sidelines Mode (+55) - PSTG is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid PSTG?

MarketClub looks at technical strength and momentum to determine if the timing is right for PSTG.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_PSTG
Open High Low PSTG Price Change
52.230 52.780 51.200 51.835 -0.485
Entry Signal

MarketClub’s Trade Triangles for PSTG

long term up The long-term trend has been UP since Jan 18th, 2024 at 38.28

intermediate term up The intermediate-term trend has been UP since Feb 29th, 2024 at 45.34

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 52.27

Smart Scan Analysis for PSTG

Based on our trend formula, PSTG is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for PSTG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.230 52.780 51.200 51.835 -0.485
Prev. Close Volume Bid Ask Time
52.320 1891489 2024-04-18 15:59:42
Year High29.135Year High Date2018-09-11
Year Low15.9Year Low Date2018-01-02
52wk High58.4652wk High Date2024-03-08
52wk Low22.1452wk Low Date2023-05-04
Average Volume2,987,314Shares Outstanding341,082
Market Cap4,598MAssets365,576,000M
Liabilities238,566,600MP/E Ratio275.3684
Volatility66.18
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