Stock Trend Analysis Report
Prepared for you on Saturday, June 25, 2022.
Pure Storage, Inc. Class A (NYSE:PSTG)
Crossroads (+60) - PSTG is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for PSTG
The long-term trend has been DOWN since May 20th, 2022 at 23.34
The intermediate-term trend has been UP since Jun 2nd, 2022 at 27.10
The short-term trend has been UP since Jun 21st, 2022 at 26.17
Smart Scan Analysis for PSTG
Based on our trend formula, PSTG is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||29.135||Year High Date||2018-09-11|
|Year Low||15.9||Year Low Date||2018-01-02|
|52wk High||36.709||52wk High Date||2022-03-28|
|52wk Low||17.4||52wk Low Date||2021-07-19|
|Average Volume||5,179,172||Shares Outstanding||321,131|